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Delhi HC orders DGCA to deregister GO First’s aircraft India successfully tests SMART anti-submarine missile-assisted torpedo system Killer heatwave kills hundreds of thousands of fish in Southern Vietnam Hong Kong struck by close to 1000 lightning Columbia Univ campus turns into ‘American Gaza’ - Pro-Palestinian students & counter-protesters clash Viksit Bharat @2047: Taxes form the Bedrock GST - April month collections go past Rs 2 lakh crore threshold - peak to Rs 2.1 lakh crore CX - Alleged clandestine removal - Not replying to SCN on the ground that letter is not furnished by department is only a ruse as reliance is not placed on the same by the respondent authority for adjudicating the SCNs: SC GST - Proper officer observes that the reply filed is not satisfactory and since the assessee has nothing more to say, demand is confirmed - Officer has not applied his mind - Matter remitted: HC GST - Petitioner had no opportunity to even object to the retrospective cancellation of registration - Petitioner does not seek to continue his business and has sought cancellation of registration - Order modified accordingly: HC GST - Seizing the outward movement of funds from petitioner's bank account - Life of an order of provisional attachment u/s 83(2) is only one year - HDFC Bank, henceforth, cannot restrain operation of bank account: HC Tax - on Death and Contemplation Delhi, Noida schools receive bomb threats; Children sent back home I-T- Writ court is not required to interfere with assessment order, where assessee also has available option of statutory appeal: HC ED seizes Rs 90 Cr stored in crypto in Gaming App scam I-T-Transfer of assessment is sustained, where assessee does not reply to any notice issued in this regard & where valid reasons exist for transferring assessment: HC HM appeals Naxalism will be erased in 2 yrs if Modi voted back to power America softens offence related to use of marijuana I-T - Rule 11UA does not mentions pre-condition of approval of balance sheet by Annual General Meeting: ITAT After US & UK India comes third in terms of 79 mn cyber attacks in 2023: Study CBIC revises tariff value of gold, silver & edible oils


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New Delhi, April 16, 2016 Karnataka Tax on Entry of Goods - a person, invoking an exception or exemption provision, to relieve him of tax liability must establish that he is covered by said provisions and, in case of doubt, benefit of it must go to State: SC

Allahabad, April 16, 2016 CX - Default in payment of duty by due date - Rule 8(3A) of CER, 2002 disallowing use of CENVAT credit while paying consignment wise duty has been held to be ultra vires by Gujarat HC & moreover, an amendment is made on 11.07.2014 deleting this clause: CESTAT

New Delhi, April 15, 2016 Competition Act, 2002 - Whether identical or near identical quotations submitted by bidders can be sole basis for inferring collusive bidding when there are cogent reasons to substantiate such similar pricing - NO: COMPAT

New Delhi, April 15, 2016 Delhi VAT - transactions constituting inter-State trade and those constituting sale or purchase in course of import were covered under Central Sales Tax and, therefore, exempt from taxation under Delhi Value Added Tax Act: SC

Chennai, April 15, 2016 Cus - Capsule Endoscopy Diagnostic system is eligible for exemption under Notification No 21/2002 � Revenue's contention that word 'wireless' is not mentioned in Notification is not justified: CESTAT

Mumbai, April 15, 2016 ST - Joint Employment - If indeed intention of parties would have been otherwise, employer-company which takes trouble of hiring an employee on its own rolls would have insisted on some mark-up or margin being given to it, over and above actual cost - No ST payable under BAS: CESTAT

New Delhi, April 13, 2016 Cus - Waiver of SCN was in expectation of expeditious adjudication - Petitioner not to be bound by such waiver after the expiry of time limit u/s 110 (2) of Act - seized goods to be released forthwith: High Court

Ahmedabad, April 13, 2016 Interest on delayed refund � Interest cannot be denied on ground that refund had been transferred to consumer welfare fund: High Court

Kolkata, April 13, 2016 I-T - Whether sale & transfer of some assets of undertaking for which prices were disclosed in agreement are to be treated as slump sale - NO: ITAT

Mumbai, April 13, 2016 ST - Appellant raising ECB by employing services of Jefferies Intl - ST liability arises on amounts paid under BOFS on reverse charge basis - as tax not paid in full with interest, no justifiable reason for setting aside penalties by invoking s 80 - Appeal rejected: CESTAT

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