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
 
Page 208
Chennai, May 18, 2017
Cus - Petitioner has to work out remedy only before CESTAT where he has already filed an appeal - No justification in approaching: High Court
 
Mumbai, May 18, 2017
CX - Excise duty was discharged by ONGC by encashing bank guarantee obtained by them from appellants - appellants are legally entitled to claim refund: CESTAT
 
New Delhi, May 17, 2017
Cus - CESTAT could not and should not have extended time to issue SCN beyond what has been provided under Regulation 20 (1) of CBLR 2013: High Court
 
Jaipur, May 17, 2017
I-T - Delayed filing of I-T return on account of bonafide belief, is no ground for levy of penalty u/s 271(1)(c): High Court
 
Hyderabad, May 17, 2017
CX - Department woke up from its peaceful slumber eight months after receiving letter from appellant - demand hit by limitation: CESTAT
 
Visakhapattnam, May 16, 2017
I-T - Rent receipts from letting out of commercial properties is assessable as 'income from business or profession' only: ITAT
 
Mumbai, May 16, 2017
ST - Revenue cannot raise same issue again which has attained finality intra-parties: CESTAT
 
Mumbai, May 16, 2017
CX - Crushed aluminium cans is not generated during course of manufacture but upon destruction of Aerated water on which CE duty has been remitted u/r 21 of CER, 2002 - No CE duty liability: CESTAT
 
New Delhi, May 15, 2017
CX - As there is no contrary decision of coordinate Benches for final resolution by Larger Bench, matter returned to referral Bench: CESTAT LB
 
New Delhi, May 15, 2017
ST - Refund admissible of tax paid under reverse charge on ‘Clearing and Forwarding Agent service' during period 16.10.1998 to 01.09.1999: HC
 
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