Jurisprudentiol – Tuesday's cases

By Vijay Kumar

Legal Corner Icon — the image was hosted by the publisher and was not captured.Central Excise

Central Excise - Rebate; No rebate on inputs as well as final products: High Court

THE petitioner manufactures man-made fabrics as well as polyester/ viscose blended yarn falling under Chapter 55 of the Schedule to the Central Excise Tariff Act, 1985. For the purposes of manufacturing the said final products, the petitioner employs duty paid inputs as well as other inputs. The duty paid inputs include polyester staple and viscose staple fibre as well as other packing materials and consumables. The products manufactured by the petitioner are cleared for home consumption as well as for exports .

Income Tax

Sec 194C - TDS provisions are not applicable to payments made by assessee to third parties for contract manufacturing of finished goods and packing material: ITAT

THE issue is - Whether the provisions of section 194C are attracted in respect of payments made by the assessee to third parties for contract manufacture of finished products as well as packing material .

See our columns Tomorrow for the judgements