News Update

India-Ghana Joint Trade Committee meeting held in AccraGhana agrees to activate UPI links in 6 monthsGST - Record does not reflect that any opportunity was given to petitioner to clarify its reply or furnish further documents/details - In such scenario, proper officer could not have formed an opinion - Matter remitted: HCED seizes about 20 kg gold from locker of a cyber scammer in HaryanaGST - Mapping of PAN number with GST number - No fault of petitioner - Respondent authorities directed to activate GST number within two weeks: HCGST - Circular 183/2022 - Petitioner to prove his case that he had received the supply and paid the tax to the supplier/dealer - Matter remitted: HCGST -Petitioner to produce all documents as required under summons -Petitioner to be heard by respondent and a decision to be taken, first on the preliminary issue raised with regard to applicability of CGST/SGST: HCGST - s.73 - Extension of time limit for issuance of order - Notifications 13/2022-CT and 09/2023-CT are not ultra vires s.168A of the Act, 2017: HCSun releases two solar storms - Earth has come in its wayRequisite Checks for Appeals - RespondentInheritance Tax row - A golden opportunity to end 32-years long Policy Paralysis on DTCThe Heat is on: Preserving Earth's Climate in the Face of Global WarmingVAT - Timeline for frefund must be followed mandatorily while recovering dues under Delhi VAT Act: SCIndia, Australia to work closely for collaborative projectsCX - All the information was available to department in 2003 itself, therefore, SCN issued four years after gathering information is not sustainable and is highly barred by limitation: HCPowerful voices of amazing women leaders resonated at UN Hqs75 International visitors from 23 countries arrive to watch world's largest elections unfoldCentre asks States to improve organ donation frequencyCus - Revenue involved in the appeal filed by Commissioner is far below the threshold monetary limit fixed by the CBEC, therefore, department cannot proceed with this appeal - Appeal stands disposed of: HCAdani Port to develop port in PhilippinesUS Nurse convicted of killing 17 patients - 700 yrs of jail-term awarded
 
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New Delhi, November 13, 2016
12% currency-GDP ratio slows down flow of money in economy; fair proportion of Rs 14 lakh crore high value currency not to return to banking system: CII 
 
New Delhi, November 13, 2016
Cus - Finding of fact recorded by statutory authorities regarding failure of appellant to furnish documents to establish fulfillment of export obligation warrants no interference: HC
 
Kolkata, November 12, 2016
I-T - Whether assessee is entitled to claim depreciation on machinery used for even trial purposes - YES: ITAT
 
Mumbai, November 12, 2016
Cus - Imports made from two different ports but consignments put together comprises of one second hand machine - no licence is required for clearance of such goods: CESTAT
 
New Delhi, November 11, 2016
Nine-Member Bench of Supreme Court upholds levy of Entry Tax 
 
New Delhi, November 11, 2016
Black Money - Justices Shah & Pasayat support demonetisation; suggest several measures, including steps to curb conversion efforts   
 
Mumbai, November 11, 2016
Cus - That two persons subject to same investigation in identical set of facts must not be discriminated against is one of pillars on which credibility of judicial branch rests - ROM application by Revenue dismissed with costs: CESTAT
 
New Delhi, November 11, 2016
Order obtained by fraud - Recalled: CESTAT
 
Kochi, November 11, 2016
I-T - Whether re-deposit of liquid cash warrants any addition to assessee's total income, if same was kept in hand with an intention to purchase property and to meet pressing expenditure demands - NO: ITAT
 
Mumbai, November 11, 2016
Cus - Non-finalisation of provisional assessment from 2006 till 2016 speaks volume of inefficiency in assessment procedure of department: CESTAT
 
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