News Update

UP local bodies urge Finance Commission for resourcesSovereign Gold Bond - Scheme open till Friday; Rs 50 per gram discount offered if payment made in digital modeAnnexure to 11/2017-CTR cries for amendmentApplicant is not allowed to leave live trees intact in the area and hence is bound to cut and remove the wood - transaction is chargeable to GST @18%: AARSubsidy amount received from Govt. for supply of food in Indira Canteens is excluded from definition of consideration: AARSupply of used WTG/Wind Mill with accessories is a composite supply; attracts GST @5%: AARResidential dwelling arranged for Sodexo Food Solutions with facilities is taxable under SAC 997212: AARProduct the applicant is dealing with is undoubtedly sun-cured country tobacco; they are not tobacco leaves which are raw but are cured tobacco attracting GST @28% : AARApplicant developing a Shopping Mall -Being a civil structure, taxes paid on procurement of goods and/or services in its construction are regarded as blocked credits: AARSupply of construction service to land owner in lieu of TDR to promoters is liable to GST @18%: AARLPG Conversion kits attract GST @28%: AARGSTR-3B and Availability of Input Credit - An addendumElderly population to account for 20% by 2050: Health MinisterGlobal economic crisis calls for greater cooperation: FMCus- Demand of duty made by invoking the provisions of section 28, prior to redemption of the goods is totally premature: CESTATCX - Stainless steel pattas and pattis- no evidence that appellant has operated more than two machines in violation of the declaration - SCN is pr esumptive having no legs to stand: CESTATCus- Commissioner has imposed penalty u/s 114A on firm and penalty u/s 112 on proprietor- It is settled law that proprietor and proprietorship firm are a single identity for all purposes: CESTATCX - Structures for which iron and steel items have been used are not integral part of manufacture process yielding sugar and molasses , credit inadmissible: CESTATCX - Even if officers had jurisdiction, a notice should have been issued to such supplier-manufacturer who is alleged to have wrongly assessed and paid excise duty: CESTATCX - Officers at recipient end have no jurisdiction of assessment done by supplier - recipient cannot be expected to understand or anticipate how much duty was actually to be paid by supplier and take credit accordingly: CESTOrder passed by Tribunal without discussing contentions of parties before finalizing the fact of case, is not sustainable: HCReopening of assessment is valid if AO has sufficient material on record to believe that income has escaped being unassessed: ITAThttps://taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=MTUzMzQwVice President presents ‘Most Eminent Senior Citizen Award’ to former AG K ParasaranRs 89 Crore IGST Refund claim scam busted in Delhi

TODAY'S CASE (DIRECT TAX)

TODAY'S CASE (INDIRECT TAX)

What's New (Others)

Income Tax Notification
Income Tax Circular
Customs Tariff Notification
Customs NT Notification
Customs Circular
Anti Dumping Notification
DGFT Notification
DGFT Circular

What's New (GST)

CGST Rule Notification
CGST Rate Notification
CGST Circular
IGST Rule Notification
IGST Rate Notification
UTGST Rate Notification
UGST Rule Notification
Cess Rate Notification