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, May 25, 2017
CX - Relabeling of retail pack after taking out from master pack and thereafter selling such labeled boxes - activity not manufacture: CESTAT
 
New Delhi, May 24, 2017
ST - Considerations received for allowing allottee to use plot have direct nexus to service of renting of immovable property : CESTAT
 
Ahmedabad, May 24, 2017
I-T - Order for transfer of case cannot be quashed for want of reasons, if such transfer is from one officer to another in same city, for administrative convenience & no prejudice was caused to assessee: HC
 
Ahmedabad, May 24, 2017
CX - Concurrent findings of fact cannot be dislodged : High Court
 
Chennai, May 24, 2017
ST - In cases involving fiscal nature, statutory appellate remedy has to be first exhausted: HC
 
Ahmedabad, May 23, 2017
I-T - There cannot be two different estimations of fair market value with respect to very same land, in case of different co-owners: HC
 
Chennai, May 23, 2017
ST - Petitioner has to only seek for alternative remedy before First Appellate Authority: High Court
 
Ahmedabad, May 23, 2017
CX - Tribunal had proceeded on basis of incorrect findings of fact, therefore, order cannot be sustained: High Court
 
New Delhi, May 22, 2017
Cus - Power under Art. 226 should not be exercised in routine manner else Court would be supplanting functioning of statutory appellate authority: HC
 
Ahmedabad, May 22, 2017
I-T - No reassessment based solely upon DVO's report, can sustain in eyes of law: HC
 
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Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.