# Apex Court holds that the duty paid by mistake, for clearance of exempted goods, does not make the goods liable to duty... Bonanzo Engg. & Chemical Private Ltd vs. CCE 2012 277 ELT 145 S.C.
# Apex Court holds beneficial exemptions having their purpose as encouragement or promotion of certain activities should be liberally interpreted... CC, Mumbai vs. Konkan Synthetic Fibres 2012 TIOL 29 SC CUS.
# Hon’ble Highcourt of Karnataka holds predeposit is a “RULE” and waiver is only an “EXCEPTION”... M/s.Hindustan Petroleum Corporation Limited vs. Commr. Of Customs 2012 TIOL 155 HC KAR CUS.
# AP High Court holds that the services which are crucial for maintaining staff colony would qualify as “input services” and would be eligible for credit... Commr. Of Customs & Excise vs. ITC Limited 2012-TIOL-199-HC-AP-ST
# Bank or financial institution jointly importing goods with assessee is liable to pay duty as importer in cases of undervaluation... Sundaram Finance Limited vs. Commr. Of Customs 2012 TIOL 360 CESTAT MAD.
# Notification No. 21/02- Cus is violated when machinery imported for construction of road in UP is diverted and used in projects in other States, where assessee is subcontractor... Apco Construction Private Limited vs. Commr. Of Customs 2012 TIOL 267 CESTAT MUM
# There is no time limit under Rule 16 of Central Excise Rules, 2002 to avail Cenvat on returned goods... Arihant Domestic Appliance Limited vs. CCE 2012 TIOL 322 CESTAT MUM.
# There is nothing in Notification 01/06-ST dated 01.03.06 barring an assessee from opting for abatement on a case to case basis... Bharat Heavy Electricals Limited vs. CCE 2012 TIOL 348 CESTAT MUM.
# Old records of companies does not have a saleable value and hence does not qualify to be ‘goods’ so as to bring in activity of storage and retrieval of old records of Banks and Corporates under ‘storage or warehousing service’... CST vs. PN Writer and Co. 2012 TIOL 343 CESTAT MUM.
# Receipt of incentive for early payment not subject to service tax... Tradex Polymers Private Limited vs. CST 2012-TIOL-315-CESTAT-AHM