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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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Kolkata, March 29, 2016 I-T - Whether expenditure incurred by an entity for developing application software for facilitating itself in manufacturing operations is capital in nature merely because it is for obtaining benefit of enduring nature - NO: HC

Mumbai, March 29, 2016 Cus - When benefit of notification which importer was eligible to was not extended due to an error and non-upgradation of EDI system, same cannot be held against assessee only on ground that they had not challenged the assessment: CESTAT

Bangalore, March 28, 2016 Service Tax - CENVAT Credit on services received by Head Office in respect of disinvestments undertaken entitled: CESTAT

Chennai, March 28, 2016 ST - Second SCN issued contrary to directions of High Court to consider reply to earlier demand letter is patently illegal and quashed: HC

Kolkata, March 28, 2016 I-T - Whether reimbursement of medical expenses by donor of welfare fund for own employees is to be treated as an act beneficial to humanity at large for purpose of Sec 10(22A) benefits - NO: HC

New Delhi, March 28, 2016 CX - In case of clandestine removal it is not required for Revenue to prove precise details of each such clearance with 100 per cent accuracy - But, this does not mean that even in total absence of corroborative evidence without at least establishing a preponderance of probability case for confirmation of demands can be made: CESTAT

Kolkata, March 27, 2016 CX - By virtue of note 4 in ch. 26, a legal fiction has been created bringing such processes into fold of manufacture - crushing, grinding & washing of iron ore, converts it into iron ore concentrates & attracts duty: CESTAT

New Delhi, March 26, 2016 Setback for Congress Party - HC rules requirement of maintaining audited accounts and furnishing them in terms of proviso to Sec 13A of I-T Act is mandatory

Mumbai, March 26, 2016 Cus - Since question of limitation was neither raised during original proceeding nor was incorporated as a ground of appeal, matter was remanded - Tribunal clarifies that order is an open remand to consider all aspects relating to merit as well as limitation

Chennai, March 25, 2016 When duty drawback of Cus, CX & ST is availed on exported goods, assessee is not entitled for rebate under Rule 18 of CX Rules, 2002: HC

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