News Update

PM says Govt trying for seamless, painless & faceless tax systemPM launches Income Tax ‘Transparent Taxation - Honouring the Honest’ Platform containing Taxpayers’ Charter & Faceless Assessment detailsChina retaliates; imposes anti-dumping duty on Indian fibre optic goodsIndia-China Faceoff - Do not keep quiet & take it on Chin! New Delhi needs to counter Beijing's Chequebook Diplomacy!CX - It cannot be said that notification 65/95-CE is unconditional and absolute - sub-section (1A) of Section 5A is not attracted - no irregularity in availment of CENVAT credit and payment of duty: CESTATCOVID-19 - Expert Group on Vaccine deliberates on delivery mechanismST - Intelsat, being a relay station itself, cannot be said to be a 'broadcaster'- charges paid by appellant to Intelsat not taxable under reverse charge: CESTATGovt allows registration of Electric Vehicles without batteriesCus - If issue is to be adjudicated by just reiterating the findings and decisions recorded in previous o-in-o which has been set aside by tribunal, then the AA has failed in task assigned to him for reconsideration of matter: CESTATCOVID-19 - Global tally surpasses 20.5 million, says Johns Hopkins UnivST - Condonation of delay - delay in filing appeal is not sufficiently explained where applicant does not mention the date on which it received a copy of the order appealed against: CESTATFormer President Pranab Mukherjee continues to be ventilator supportCX - Charges of suppression of fact are not tenable where assessee informed the Revenue about captive clearance of goods manufactured, for purpose of civil construction, repair & maintenance: CESTATJammu to Delhi travel time will come to just about six hours: MoSST - Impugned order confirmed a demand more than what has been reflected in the SCN - discrepancy in quantification, matter remanded: CESTATST - Assessee availed CENVAT credit of service tax paid on free services rendered by other dealers, under a bona fide belief - hence penalty merits being waived: CESTATGadkari calls for investment in Infra and MSME sectorsCX - Apex Court's judgment directing payment of compensation for delayed disbursal of interest on refund claimed, cannot be construed as a precedent to seek interest on delayed disbursal of interest - such claim is rightly disallowed: CESTATCOVID-19 - Testing goes beyond 7.3 lakh per dayHindu Succession Act, 1956 - Amended Sec 6 confers status of coparcener on daughter born before or after amendment in same manner as son with same rights and liabilities: SC Larger BenchMoney Laundering - Huge transactions in HK and US Dollars unearthedGST Data safe with GSTN - don't worry, there's a solutionIndustrial Production shows contraction in June monthIncome tax raids hawala racketeers including Chinese nationals and corporate entitiesIndia extends anti-dumping duty on Flax Fabrics till Nov 11, 2020
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