News Update

RBI alerts against misuse of banking channels for facilitating illegal forex tradingEC censures Jagan Reddy & Chandrababu Naidu for MCC violationsFrance tells Xi Jinping EU needs protection from China’s cheap importsUK military personnel’s data hackedOxygen valve malfunction delays launch of Boeing’s first crewed spacecraftPulitzer prize goes to Reuters & NYTDutch, Belgian students join Gaza sit-ins by US Univ studentsIndia-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: HCRequisite 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 projects
 
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New Delhi, May 12, 2013
India needs Rs 1,000 Cr a year to tackle nutrition problems: Working Group
 
New Delhi, May 12, 2013
President gives away National Technology Day Awards 2013; also launches Innovative Products supported by Technology Development Board & CSIR
 
Mussoorie, May 11, 2013
GST: EC favours common list of exempted items and higher exemption threshold
 
New Delhi, May 11, 2013
Political parties, experts express satisfaction over new electronic voting machines
 
New Delhi, May 10, 2013
I-T - Whether one time conversion charges paid by assessee to municipal authorities for converting industrial unit into commercial, are to be treated as revenue in nature - NO: ITAT
 
Mumbai, May 10, 2013
Cus - Specification of ITC HS code in various licences is legal necessity - Product under import is classifiable under CTH 7309 and since EPCG authorization covers goods under CTH 8437, benefit under EPCG scheme cannot be extended: CESTAT
 
Mumbai, May 10, 2013
ST - appellant providing catering services at behest of M/s L&T to employees at pre-determined rates and payment for same is made by Co on monthly basis on bills raised - prima facie such service amounts to outdoor catering - Pre-deposit of 2.84 Cr ordered: CESTAT
 
Ahmedabad, May 09, 2013
I-T - Whether when assessee has transferred money taken on interest from sister concern in P&L a/c, and sister concern has dissolved without receiving interest and principal, such sum warrants addition u/s 41(1) - YES: ITAT
 
Mumbai, May 09, 2013
Cus - Since goods are not notified under S.123 and provisions of Chapter IVA, relating to notified goods have been deleted from Customs Act more than decade back, there cannot be any order of confiscation: CESTAT
 
Mumbai, May 09, 2013
CX - appellant receiving duty paid billets, value of which was pegged at 115% /110% of production cost - AV of wire rods manufactured out of billets should be 115%/110% and not cost of raw material - Duty upheld with penalty: CESTAT
 
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Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.