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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New Delhi, May 09, 2017
Cus - No satisfactory explanation given for inordinate delay - casual approach by Department - 364 days delay not condoned - appeals dismissed: High Court
 
New Delhi, May 08, 2017
I-T - Whether provisions of Sec 14A apply to dividend income on which taxes are payabnle u/s 115-O - YES: Supreme Court
 
Mumbai, May 08, 2017
ST - Undertaking work of cleaning of nullah & roadside garbage for Nagpur Municipal Corporation is not taxable under BAS: CESTAT
 
Mumbai, May 08, 2017
ST - Govt is not special litigant - Advocates appearing for Revenue are first officers of Court and ought not to dance to tune of senior level officials: HC
 
Mumbai, May 08, 2017
Cus - There is no ban on export of diamonds and, therefore, no authority is vested in Commissioner to disallow an export - order is arbitrary and unauthorized exercise of power: CESTAT
 
Chennai, May 08, 2017
I-T - When assessee after finding omission to disclose 'income otherwise taxable' had accordingly revised return within time & offered it for taxation, no penalty is leviable: ITAT
 
Mumbai, May 08, 2017
ST - No provision in the law to issue SCN to a dead person : CESTAT
 
Mumbai, May 07, 2017
ST - Adjudicating authority has not at all understood what is taxing entry for purpose of taxation - Matter remanded: CESTAT
 
Mumbai, May 06, 2017
ST - Legislature has acted reasonably and taxed service provided by training and coaching centre and classes - Such clarificatory provision can operate with retrospective effect: HC
 
Mumbai, May 06, 2017
ST - Once there is alternative & equally efficacious remedy made available and where all issues of fact and law can be considered, then, there is no need to entertain writ petition: HC
 
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TIOL Tube brings you an interview with former US Secretary of Treasury, Mr. Larry Summers who was recently in Delhi.

AR not Afar by SK Rahman



Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.