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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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New Delhi, June 07, 2016 ST on construction of residential complexes u/s 65(105)(zzzh) � Notwithstanding abatement Notifications, in absence of any Rules to identify Service element in composite contracts, no ST can be levied � Levy would fail absent measure of Tax - tax collected ordered to be refunded with interest: HC

Mumbai, June 07, 2016 ST � Rebate of service tax paid on output service has not been carved out in sec 86 of FA, 1994, therefore, appeal on issue of rebate of service tax paid on output service exported out of India is maintainable before Tribunal: CESTAT

Mumbai, June 07, 2016 I-T - Whether TDS is liable to deducted on net sum of insurance commission arrived at after excluding Service Tax component - YES: ITAT

Mumbai, June 07, 2016 ST � Very fact that s.11C notification was issued shows that there was serious confusion among assessee as well as department about levy of ST on services provided to DISCOMs � even for period post 01.07.2012 negative list created confusion � penalty waived: CESTAT

Chandigarh, June 07, 2016 CX - Deemed credit - Any manufacturer whose total clearances did not exceed Rs 2 Cr was entitled to benefit of exemption under Notification No. 1/93 - deemed credit cannot be disallowed to SSI units after crossing exemption slab of Rs 75 lakhs: High Court

Chandigarh, June 06, 2016 Revision u/s 35EE - Revision by officer of same rank as who passed order under challenge is not permissible: High Court

Hyderabad, June 06, 2016 I-T - Whether film software library is intangible asset in nature and depreciation is allowable on it at rate allowable on other such assets - YES: ITAT

Mumbai, June 06, 2016 ST - VCES, 2013 - A 'small' portion of 50% amount of tax dues not paid by 31/12/2013 - Time limit prescribed under scheme cannot be extended in absence of any provision for condoning delay - declaration rightly rejected - Appeal dismissed: CESTAT

New Delhi, June 05, 2016 Traffic Decongestion in Delhi: Committee calls for Rs 20,000 Cr interventions; Unified Metro Transport Authority; Congestion tax and no more flyovers

New Delhi, June 04, 2016 ST - Rule 5A(2) is ultra vires FA, 1994 - Audit is a special function which has to be carried out by duly qualified persons like a Cost Accountant or a CA & cannot possibly be undertaken by any officer of Service Tax Department: Delhi HC

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