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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, March 31, 2016 Central Excise - Valuation - Whether concept of 'Transaction Value' makes any material departure from deemed normal price concept of erstwhile Section 4(1)(a) of Act - Matter to be referred to Larger Bench: Supreme Court

New Delhi, March 31, 2016 Cus - SCN does not mention S.28 even in passing - SCN does not mention as to under what provisions of law interest was sought to be recovered although impugned order confirms interest u/s 28AB - Interest demand set aside: CESTAT

Kolkata, March 31, 2016 I-T - Whether merely because lease arrangement is treated as finance lease for purpose of AS 19, lease rentals paid for vehicles is not to be allowed as revenue expenditure - NO: ITAT

Ahmedabad, March 31, 2016 CX - Assessee sought for separate registration for different units on 15.04.2005 but were given same only on 23.09.2009 - assessee cannot consider themselves as separate units earlier - utilization of CENVAT credit from a common pool cannot be objected to: CESTAT

New Delhi, March 30, 2016 I-T - Services provided by Stock Exchange to its members like screen based transaction & constant upgradation of services, would qualify as 'technical services', when there is no exclusivity in such services and are available to all members - NO: Supreme Court

New Delhi, March 30, 2016 Sales Tax/CST - Whether exemption notification relates to exemption of goods or person selling it - Exemption is goods specific: Supreme Court

Hyderabad, March 30, 2016 Cus - Software embedded on equipment declared as supplied separately in CDs to evade Customs duty - No reason to interfere with Majority order of CESTAT directing pre-deposit of entire duty: HC

Mumbai, March 30, 2016 I-T - Whether when entire interest-free advances were given to subsidary company out of commercial expediency, any disallowance of interest expenditure on proportionate basis is warranted - NO: ITAT

Kolkata, March 30, 2016 CX - Processes undertaken by appellant on sand ores like magnetic & gravity separation to remove unwanted matters result into conversion of ores to concentrate & same is 'manufacture' in view of Ch. Note 4 to Ch. 26 : CESTAT

Chennai, March 29, 2016 Service Tax not reimbursed by main contractor to sub-contractor - Writ Petition under Article 226 is not maintainable - Claim can be decided only by a competent civil Court : High Court

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