News Update

CBIC amends tariff value of silver; No change for other commoditiesHigh Level Official Delegation from Mauritius visits National Centre for Good GovernanceGovt hikes Minimum Wages vide enhanced VDA for unorganised workersTRAI mandates whitelisted URLs, APKS, or OTT links for SMS TrafficGST - Rule 86A is not a machinery provision for recovery of tax - Order can be passed only if ITC is available in the taxpayer's ECL - No negative blocking: HCFrance backs India’s membership to Security CouncilGST - No opportunity of personal hearing as was requested while replying to SCN was given - Order set aside: HCJaishankar calls for reforms of WTO, G20 & UNGST - Goods were purchased from SAIL by a third party who sold to petitioner and who subsequently re-sold to consignee - No justification for detention on ground that correct documents were not travelling with truck: HCFamily of 5 found dead in car in TN; Suicide suspectedAlternative Global Value Chain - Is India going to be 'Next China'!IMF okays USD 7 bn loan to support Pak’s sinking economyCus - Unreasoned order - Order spoke for itself - Revenue counsel tries his best to justify order but in the end had to throw in the towel: HCBombay HC quashes govt clearance given after construction in Coastal areaPrevent misuse of s.114AA of Customs ActBrazil keen to ink trade deal with EUGST - Existence or otherwise of principal place of business - A taxpayer's registration cannot be cancelled solely on the basis of some general queries/enquiries from random persons, of which there is no record: HCHarris promises tax credit and investments to US manufacturersCBIC notifies HAG benefits to 22 IRS officersNukes may deflect asteroid threatening earth: ScientistsAfter Iranian death threat, Trump says Iran should be torn into piecesIndia, Australia working to strengthen ECTA through CECA: GoyalUS Intel suggests Russia has secret war drones factory in ChinaSurvey reveals 31% Indians now use e-com platforms for ordering groceryIndia's coal imports see marginal increase amid surge in Power Generation
 
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Mumbai, February 17, 2018
CX - Cancellation of penalty and demand of extended period are different issues which are to be dealt with separately: CESTAT
 
New Delhi, February 16, 2018
Banking Act - Provisions of Sec 21A would not operate in a State where there is State Debt Relief Act for farmers: SC
 
New Delhi, February 16, 2018
I-T - CIT order granting registration u/s 12A falls neither under the head legislative nor the head Executive: Supreme Court
 
Chennai, February 16, 2018
I-T - No TDS u/s 194A on interest payment made by co-operative society to its members prior to amendment of such provision: HC
 
Mumbai, February 16, 2018
Service Tax not payable under category of 'Maintenance or Repair services' on 'One-time maintenance charges' collected by builders from flat buyers: HC
 
Mumbai, February 16, 2018
CX - Table Diaries manufactured by appellant for Life Insurance Corporation of India with logo of LIC are not traded - Goods not 'branded goods' - SSI available: CESTAT
 
Allahabad, February 15, 2018
I-T - Allahabad High Court suspends retrospective withdrawal of registration u/s 12A, in absence of express legislative intent or adverse inference: HC
 
Allahabad, February 15, 2018
I-T - Firm's partner cannot claim deduction u/s 36(1)(iii) in respect of shares received towards partnership itself but not forming any part of capital account of firm: HC
 
Mumbai, February 15, 2018
CX - No co-relation between allegations made in body of SC N and computation of duty liability - demand itself is without any basis, hence unsustainable: CESTAT
 
New Delhi, February 14, 2018
CX - Notfn.30/2004 - Markings on jute bags are by compulsion of law only in order that PDS officials may identify & segregate aforesaid jute bags - no 'brand name' involved: SC
 
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