CENEX UPDATE - 26.05.2020

CX - CENVAT credit of outward transportation is allowed where goods are delivered till buyer's premises & are accepted there & where risk in transit is borne by seller: CESTAT 

ST - Payment towards transfer of technology, design, drawing, technical knowhow to overseas company - Department has viewed services received in a different manner at different places, demand under IPR services is not sustainable: CESTAT

Cus - Appellant did not make a declaration in SB regarding its intention to claim refund of service tax in terms of para 2 of notification 41/2012-ST- Amendment permissible u/s 149 of CA, 1962: CESTAT