CA NeWs Beta*: Sales made by one SEZ unit to other SEZ unit—Whether constitute export for the purposes of section 10A

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Saturday, December 17, 2011

Sales made by one SEZ unit to other SEZ unit—Whether constitute export for the purposes of section 10A

Sales made by one SEZ unit to other SEZ unit—Whether constitute export for the purposes of section 10A
Profit from sale of goods by one SEZ unit to another SEZ unit is not eligible for deduction under section 10A.– Vide CIT v. Electronic Controls (2011) 42(I) ITCL 352(Ker-HC)


SERVICE TAX

Goods transport agency service—Liability of service recipient for the period between 16-7-1997 and 15-10-1998

Even if a provision is amended with retrospective effect, the Department can proceed with the demand only if the matter was kept alive at the time when the original provision was in force. Otherwise, no action can be initiated afresh after the amendment was introduced validating action taken under the provisions which were earlier struck down : ―Precot Mills Ltd. UOI (Ker-HC) O.P. No. 16463 of 2002(I), decided on 6-11-2009.

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