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CBIC amends tariff value of silver; No change for other commodities High Level Official Delegation from Mauritius visits National Centre for Good Governance Govt hikes Minimum Wages vide enhanced VDA for unorganised workers TRAI mandates whitelisted URLs, APKS, or OTT links for SMS Traffic GST - 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: HC France backs India’s membership to Security Council GST - No opportunity of personal hearing as was requested while replying to SCN was given - Order set aside: HC Jaishankar calls for reforms of WTO, G20 & UN GST - 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: HC Family of 5 found dead in car in TN; Suicide suspected Alternative Global Value Chain - Is India going to be 'Next China'!IMF okays USD 7 bn loan to support Pak’s sinking economy Cus - Unreasoned order - Order spoke for itself - Revenue counsel tries his best to justify order but in the end had to throw in the towel: HC Bombay HC quashes govt clearance given after construction in Coastal area Prevent misuse of s.114AA of Customs Act Brazil keen to ink trade deal with EU GST - 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: HC Harris promises tax credit and investments to US manufacturers CBIC notifies HAG benefits to 22 IRS officers Nukes may deflect asteroid threatening earth: Scientists After Iranian death threat, Trump says Iran should be torn into pieces India, Australia working to strengthen ECTA through CECA: Goyal US Intel suggests Russia has secret war drones factory in China Survey reveals 31% Indians now use e-com platforms for ordering grocery India's coal imports see marginal increase amid surge in Power Generation


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Mumbai, June 15, 2016 CX - De-bonding - CG imported under EPCG Scheme - impossible to assume that a generating set could be left out from the list of capital goods without any intent or purpose - mis-declaration was an act which attracted penalty - Appeal dismissed: HC

Mumbai, June 15, 2016 Cus - Foreign currency smuggled to Hong Kong but appellants were deported - upon landing in India, DRI intercepted appellants - this is admitted case of illegal export of foreign currency - s.113 is correctly applicable and not s.111: HC

Mumbai, June 15, 2016 I-T - Whether professional fee paid is allowable even if Director of paying company holds 100% shares in recipient company which did not have any other work except one rendered to paying company - NO: ITAT

Mumbai, June 15, 2016 CX - S.35F does not require payment of any pre-deposit of interest but since penalty has been imposed, pre-deposit is to be made of penalty � four weeks time given to make pre-deposit and comply: CESTAT

Mumbai, June 14, 2016 CX-Rule 8(3A) of CER- Tribunal ordering pre-deposit in cash - Applicant seeking direction to permit re-credit of duty paid through CENVAT - Provisions of refund in r/o duty and in r/o pre-deposit are substantially different - Application dismissed: CESTAT

New Delhi, June 14, 2016 Customs - Exemption to Spectacle lenses - No change due to change in Tariff to 8 digits: Supreme Court

Chennai, June 14, 2016 Customs - Sec 110(2) � Notwithstanding provisional release order, if no SCN is issued u/s 124(a) within six months, importer is entitled to return of goods: HC

Mumbai, June 14, 2016 I-T - Whether when assessee and its parent company had no agreement nor any any professional services were rendered to parent, any expenditure claimed on this count is not allowable - YES: ITAT

Mumbai, June 14, 2016 CX - Membership of Business club is indirectly related to promotion of business of appellant - it cannot be said that there is no nexus between services availed & manufacture irrespective of head under which said expenses is booked in Balance-sheet: CESTAT

Mumbai, June 13, 2016 Cus - Since collaboration agreement is towards technical knowhow which is related to manufacture of final product and not related to sale of imported goods, documentation fees cannot be included in assessable value of imported goods:: CESTAT

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