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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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Patna, April 18, 2016 Cus - Sale of confiscated goods - Article 285 of Constitution of India does not apply to indirect taxes like Customs duty, Central excise duty & Sales tax - Customs department is a dealer within meaning of Sec 2(e) of Bihar Finance Act, 1981 and, thus, is exigible to sales tax: HC

Ahmedabad, April 18, 2016 I-T - Whether refundable security deposit is not akin to income and same cannot be taxed - YES: ITAT

Kolkata, April 18, 2016 ST - A mere mechanical reproduction of language of proviso to Sec 73(1) does not per se justify invocation of extended period of limitation - SCN issued at instance of CERA without any independent application of mind is not permissible in law: HC

Allahabad, April 17, 2016 CX - Chapter 27 does not cover electrical energy produced from bagasse - Therefore, electrical energy is not an excisable goods nor is it exempted goods u/s 2(d), hence Rule 6 of CCR, 2004 is not applicable: CESTAT

Paris, April 17, 2016 OECD Report to G20 - Many countries yet to implement exchange of tax information pact

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

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September 26, 2024

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Trade Mark- Infringement of registered trademark is required to be considered by examining the overall commercial impression of two marks from standpoint of person of average intelligence and imperfect recollection: HC

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