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, November 02, 2017
ST - Rent-a-cab service and Travel Agent service is used by employees for travelling and meeting customers which is core activity for fetching business for appellant - credit is admissible: CESTAT
 
Mumbai, November 02, 2017
CX – Each period being recognized by law separately for adjudication on its own facts, there cannot be compendium approach by adjudicating authority: CESTAT
 
New Delhi, November 01, 2017
I-T - Interest earned by joint venture Trust on foreign grants parked with foreign banks, are not investment and hence safe from rigours of section 11(5) r/w/s 13(1)(d): Delhi ITAT
 
Mumbai, November 01, 2017
CX - Job work - when sale price of very same goods is available, there is no need to adopt value which is arrived on basis of valuation rules: CESTAT
 
Allahabad, October 31, 2017
I-T - Deleted Proviso to Sec 43-B will not come to rescue, if PF & Employee State Insurance payments were made not before due date, but before filing I-T return: HC
 
Mumbai, October 31, 2017
ST - Rule 6(3A) only contemplates procedure and does not mandate that on failure to comply, assessee loses choice of reversing proportionate credit: CESTAT
 
Mumbai, October 31, 2017
CX - Merely because a plot separates two premises of appellant, grant of common registration cannot be rejected: CESTAT
 
Ahmedabad, October 30, 2017
CX - Petitioner's challenge to vires of s.4A of CEA, 1944 fails: High Court
 
Mumbai, October 30, 2017
CX - Exporter cannot, on his own, devise new method to avail credit which is not prescribed under law: CESTAT
 
Jaipur, October 30, 2017
I-T - Whether payment made by a hospital to retainer doctors, for their honorary service, does not fall within ambit of Section 192: HC
 
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