Jurisprudentiol – Thursday's cases

By Vijay Kumar

Legal Corner Icon — the image was hosted by the publisher and was not captured.Service Tax

Consideration for services paid in convertible foreign exchange not liable to Service Tax - CBEC has held export of services as tax-free notwithstanding notifications - Appeal allowed: CESTAT

FOREIGN parties requisitioning the services of the appellant to inspect/test/analyse samples of the goods in India and provide certificates guaranteeing import-worthiness – consideration for such services paid in convertible foreign exchange not liable to Service Tax – CBEC has held export of services as tax-free notwithstanding the notifications – Appeal allowed

Income Tax

It's Official Now - Sachin Tendulkar is also an 'Artist'!: ITAT

SACHIN Tendulkar, the man whose prowess with the bat has allowed him to enter history books as a cricketer, establishing world records in this game, is now officially declared to be an artist, for the purpose of paying tax. Or should we say for the purpose of claiming the deduction on his foreign income.

Central Excise

When duty paid in excess of what was payable, CENVAT Credit cannot be denied unless excess duty paid has been refunded: HC

EVEN if the duty has been paid in excess of the amount finally held to be payable, unless the excess duty paid has been refunded, the assessee could claim CENVAT credit as the department could not get the duty twice.

See our columns Tomorrow for the judgements