News Update

DRI seizes about 18 kg gold worth Rs 5.8 Cr smuggled from BangladeshSwearing-in ceremony for NDA Govt scheduled for May 30 at 7 pmArun Jaitley recovering well but will continue to remain away from camera for some timePeru struck by strong tremors of earthquake measuring 7.5 on Richter ScaleDRI nabs 6 Pakistani nationals; seizes 218 kg of heroin from vessel 'Al-Madina' at Jakhau PortFICCI urges Govt to reduce interest rate to help exporters to take advantage of US-China trade warGovt puts import of biofuels under restricted categoryVadodara GST Commissionerate arrests two persons in ITC misuse caseCBIC launches e-learning platform, Samarth; NACIN puts 27 modules and 7 from DG Systems onlinePresident appoints Modi to office of Prime Minister; mandates him to suggest names for Union CouncilGST - During pre-GST period, ratio of ITC to taxable turnover was 0.61% and during post GST it is 3.45% - net benefit of 2.84% of ITC since not passed is profiteered amount: NAACBDT releases list of budget targets; Bangalore & Pune rise in ranksCX - Refund - Date of payment of duty should be taken as relevant date u/s 11B of CEA and not date of invoice: CESTATModi thanks PMO staff for efficient supportST - CA certifying that assessee had not repatriated any foreign currency during relevant period - therefore, there is no tax liability: CESTATIAF aircraft certified to fly on bio-fuelCX - CENVAT - Statement of transporter is a crucial evidence which is required to be examined in terms of s. 9D of CEA, 1944 - matter remanded: CESTATDisallowance u/s 40A(2)(b) cannot be made where AO assumes that assessee ought to have earned income rather than incurring expenses: ITATStay granted on recovery of demand merits extension where delay in disposal of appeal is not attributed to assessee: ITATRBI revises directions on Voluntary Retention Route for FPIsCBIC enables Customs to launch prosecution in certain cases immediately after issuing SCNOver 13 children killed in major fire in SuratFANI fall-out - CBDT extends due date for TDS for Odisha from June 15 to July 15, 2019
 

   

TIOL Tube Latest

GST 2.0 | GST RO(W)AD AHEAD | simply inTAXicating

ANNOUNCEMENT


BOOK PRESENTATION