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, 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
 
Mumbai, March 02, 2017
Cus - Once DFIA is endorsed with transferability, there is no Actual user condition: CESTAT
 
New Delhi, March 02, 2017
CX - Period of limitation not only applies to principal, but also applies for recovery of interest: CESTAT
 
Mumbai, March 02, 2017
I-T - Compensation paid by builder to members of his housing society, for arranging their alternate accomodation during re-development of society, is not liable for TDS u/s 194-I
 
Mumbai, March 02, 2017
ST – Tribunals are meant to render justice and are not established to shut out parties on hyper technicalities: 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.