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CBIC Chairman says Govt to bring down logistics cost to 8% of GDPIndia retains 40th rank in Global Innovation Index 2023Asian Paints co-founder Ashwin Dani passes awayDOT, NDMA join hands for emergency communication with Cell Broadcast Alert System testingCBDT notifies form for audit or inventory valuation under Section 142(2A) of Income Tax ActGST - Subsidy received from the Central / State Government cannot be excluded from the value of supply as the same is not affecting the price of supply: AARGadkari says green initiatives in construction sector to be taken to achieve carbon neutral statusIndia’s current account deficit surges to 1.1% of GDP by first quarterCus - s.28(9) of Act, 1962 - Since the period for adjudication of the impugned show cause notice has elapsed, the same cannot be adjudicated: HCGST – s.54 - Amount deposited under a mistake of law – Period of limitation for applying for refund would not apply: HCDr M S Swaminathan, father of Green Revolution, is no moreCus - Perishable goods - dispute regards ownership of goods - Petitioners directed to deposit Rs.15 lakh each with registry - respondent consignee to file B/E: HCGST - Absence of valid documents in possession of the person in-charge of goods would be treated as a wilful act of evasion of tax: HCGST - A taxpayer is entitled to close his business - Obviously, since business was closed w.e.f 31.03.2022, returns would not be filed and cancellation of registration takes effect from this date and not earlier: HCCBIC extends exemption on deposits under Section 51A of Customs Act 1962India-Canada brawl: A peep into eerie thesaurus of diplomatic taunts!CBIC issues transfer orders of 147 Pr Commissioner & Commissioner + 25 of Addl / Joint CommissionersI-T- Nothing survive in notice issued u/s 148 when appellate authority accepted assessee's submissions and direct AO to take date of agreement for stamp duty value consideration : HCChatGPT can now ‘see, hear and speak’; can also browse internetI-T- Because of lethargic and adamant attitude Department assessee suffer both financially and mentally : HCGermany goes for border curbs to control migrants influxI-T- Bogus purchases - As per precedent, additions framed warrant being restricted to profit element embedded in purchases; entire purchases cannot be disallowed: HCCrude oil surges to USD 100 per barrelCus - Petitioner actively involved in evasion of duty - Writ jurisdiction to be exercised in rare but compelling and deserving cases only - No ground for waiver of pre-deposit: HCIndian-origin person convicted in USD 2.8 mn healthcare fraud in USCus - Duty as a Customs Broker came to an end once imported goods, after its clearance from Customs Station, reached public bonded warehouse - No duty to report commission of acts or omissions of its principal: HCJapanese scientists find presence of microplastics in cloudsGST - BG executed by petitioner for de-freezing of bank accounts - As statutory time period of orders passed u/s 83 comes to an end, BG stands released: HCStates advised to adhere to guidelines for Dengue prevention and control
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