Irrespective of number of judges constituting majority in Larger Bench, Majority Decision of a Larger Bench would prevail over decision of lower bench.
Trimurthi Fragrances (P.) Ltd. v. Govt. of NCT of Delhi – [2022] 142 taxmann.com 390 (SC).
When assessee – insurance company had received entire premium prior to date of enhancement of tax rate, was not liable to pay tax at enhanced rate.
Commissioner of Central Excise Pune III v. Bajaj Allianz General Insurance Company Ltd. – [2022] 142 taxmann.com 342 (SC).
Goods in transit cannot be detained for expiry of e-way bill if there is no intent to evade tax.
Hanuman Ganga Hydroprojects (P.) Ltd. v. Jt. Commissioner, State Tax Authority, Siliguri – [2022] 142 taxmann.com 348 (Calcutta).
Excise – MoDVAT – Classification of a product done at the consignor’s end shall be final and that cannot be changed/questioned at the consignee’s end.
Steel Authority of India Ltd. Vs. CCE & C, 2022-TIOL-77-SC-CX.
FTP 2015-2020 amended to permit payment of exports and imports in INR to sync with RBI guidelines.
Notification No. 35/2015-2020 dated 16-09-2022.
Assessee entitled to get refund of IGST paid on ocean freight along with interest.
Torrent Power Ltd. v. Union of India – [2022] 142 taxmann.com 314 (Gujarat).