Delhi HC: Difference in Layout is of No Consequence if Essential Feature of Trademark Infringed  ||  Allahabad HC: Parliament has Responsibility to Restrain Criminals from Entering Into Politics  ||  Delhi HC Refuses to Vacate Stay on Direction to Enforce CM's Speech Promising Rent Relief  ||  J&K&L HC: Judges Must Refrain from Making Derogatory Remarks Against Parties  ||  Delhi HC: Courts Should be Sensitive When Poor And Deprived Knock at its Doors  ||  CESTAT: Law Does Not Mandate Customs Broker to Physically Verify Address of Client  ||  Orissa HC: Appeal Can’t be Dismissed on Sole Ground of Non-Submission of Certified Order  ||  ITAT: Deposit of Banned Notes Received Out of Cash Sales During Demonetization Period is Valid  ||  ITAT: Arrangement Between Spouse Without Real Money Exchange Not Amount to Unexplained Investment  ||  ITAT: 100% Deduction U/S 80IC of IT Act allowable when Industry undergone Substantial Expansion    

CESTAT: Value of Scrap Generated After Manufacture Not Includable in Assessable Value - (13 Jun 2022)


Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the value of scrap arising during the process of manufacture and retained by the job worker is includable in the value of the goods cleared by the job worker to the principal manufacturer for the purpose of levying duty.


Share :        

Disclaimer | Copyright 2022 - All Rights Reserved