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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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Ahmedabad, June 02, 2016 I-T - Whether cost of ESOP can be debited in P&L Account and also claimed as deduction on account of remuneration - YES: ITAT

Mumbai, June 02, 2016 CX - Assessee engaged in redrawing wire from alloy steel wire rods & then subjecting it to copper coating & winding - Even if the activity does not amount to manufacture, Cenvat Credit is admissible in terms of Rule 16: CESTAT

Mumbai, June 02, 2016 ST - EA-2000 audit is an extensive audit of records of assessee - Upon its completion if no objection is raised, demand issued by invoking extended period is unsustainable: CESTAT

Chandigarh, June 01, 2016 I-T - Whether if Revenue's counsel has failed to add back sum debited to P&L A/c which were inadmissible, such an error cannot be attributed to assessee - YES: HC

Mumbai, June 01, 2016 ST - As per rule 2(l) of CCR, 2004, Works Contract Services are excluded only when used for construction services - Works contract services used for maintenance of office equipment and building are to be treated as Input Services: CESTAT

Mumbai, June 01, 2016 CX - It is avowed principle of GOI that exports should not be taxed and, therefore, if credit of service tax paid on fumigation services is not allowed, that would add to cost of goods exported: CESTAT

Chennai, May 31, 2016 Facility of transfer of CENVAT Credit under Rule 10 of CCRs, 2004 is available for shifted units also - Absence of word 'shifted' in said sub-rule appears to be an inadvertence: CESTAT

New Delhi, May 31, 2016 CX - Settlement - None of provisions in Chapter V dealing with 'settlement of cases' envisages CCESC sending matter for adjudication to Officer because there was no consensus between applicant & Department - Orders set aside: HC

New Delhi, May 31, 2016 I-T - Whether denial to release cash seized from armoured vehicle which was hired by banks to transport cash can be sustained as Revenue was yet to verify cash slips from customers - NO: HC

Chennai, May 31, 2016 Water dispensers imported - Whether RSP assessment is applicable - No error in order of original authority allowing refund by holding RSP is not applicable: CESTAT

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Constitution of India-Court acting under Article 226 doesnot have power to pass order without proper tangible material : HC

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