News Update

CBIC revises tariff value of edible oils, gold & silverFormer IPS officer Sanjiv Bhatt jailed for 20 yrs for planting drugs to frame lawyerCentre receives Rs 18.5 lakh crore tax revenue upto Feb monthUN says Households waste across world is now at least one billion meals a dayExpert Committee on developing GIFT IFSC as 'Global Finance and Accounting Hub' submits report to IFSCAIndia, China hold fresh dialogue for complete disengagement on Western borders: MEADefence Production issues notification for re-organisation of DGQAThakur says India is prepared for 2036 OlympicsCBDT substitutes Form in ITR-5EV Revolution: Lessons for India to learn from US and China!London court green-signals auction of luxury apartment of fugitive Nirav ModiGovt consults RBI; finalises borrowing plan for first half of FY 2024-25Gadkari says Farmers’ protest is politically-motivatedVP calls upon women entrepreneurs to be 'Vocal for Local'America offers USD 10 mn bounty for information on ‘Blackcat’ hackers after UnitedHealth gets hitI-T- The order of the ITSC can only be reopened in cases of fraud or misrepresentation: HC8 persons including Hezbollah militants killed in Israeli strike on LebanonMacron pillories EU-South Africa trade deal; calls it ‘really bad’ in BrazilThailand’s Lower House okays Bill to legitimise same-sex marriageYellen warns China against clean energy dumpingMilky Way’s central black hole - Twisted magnetic field observedCus - Assessee has not proved beyond reasonable doubt that goods in question imported under air way bills/bills of entry were in fact filed by him and hence the only natural corollary available to Revenue is confiscation of same: CESTATSmall investors help Trump Media’s valuation skyrocket to USD 13 billionJustice Ritu Raj Awasthi joins as Judicial member of Lokpal
 
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New Delhi, March 06, 2017
ST - Cargo brought by exporters are not for 'storage or warehousing' in airport - no tax liability till 09/09/2004: CESTAT
 
Ahmedabad, March 06, 2017
I-T - Assessment orders passed u/s 153C without recording separate satisfaction in case of searched person, is invalid, says HC
 
New Delhi, March 06, 2017
ST - Lease charges include maintenance charges, therefore, maintenance agreement cannot be separately charged to tax: CESTAT
 
New Delhi, March 06, 2017
CX - If firms are fictitious, then question of confirming demand against them does not arise: CESTAT
 
New Delhi, March 04, 2017
ST - Providing Integrated Mobile Publicity in Assembly Constituencies to AP Govt is a PR service and taxable : CESTAT
 
Ahmedabad, March 04, 2017
CX - Unaccounted finished goods - Tribunal has already taken lenient view and reduced RF, penalty: HC
 
Ahmedabad, March 03, 2017
Cus - Appellant has not paid VAT on imported coil sheets - what is sold is 'Proflex Roof' - Refund of SAD rightly denied: HC
 
Chennai, March 03, 2017
I-T - Claiming set-off of losses suffered during amalgamation is no valid reason to deny depreciation to amalgamating company on brand value acquired: ITAT
 
New Delhi, March 03, 2017
If Revenue view is that services are not Input services, then proceedings should have been initiated against ISD: CESTAT
 
New Delhi, March 03, 2017
Fitting of branded plastic container into fabricated steel frame does not result in manufacture of branded dustbins: CESTAT
 
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