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GST - Neither SCN nor the order spell out the reasons for retrospective cancellation of registration, hence cannot be sustained: HCGST - Non-application of mind - If reply was unsatisfactory, details could have been sought - Record does not reflect that such exercise was done - Matter remitted: HCGST - Merely because a taxpayer has not filed returns for some period does not mean that registration is required to be cancelled with retrospective date also covering the period when returns were filed and taxpayer was compliant: HCGST - Petitioner's reply, although terse, is not taken into account while passing assessment orders - Petitioner put on terms, another opportunity provided: HCUnveil One Nation; One Debt Code; One Compliance Rule for Centre & StatesChina moves WTO against US tax subsidies for EVs & renewable energyMore on non-doms - The UK Spring Budget 2024 (See TII Edit)Notorious history-sheeter Mukhtar Ansari succumbs to cardiac arrest in UP jailTraining Program for Cambodian civil servants commences at MussoorieNY imposes USD 15 congestion taxCBIC revises tariff value of edible oils, gold & silver45 killed as bus races into ravine in South AfricaCBIC directs all Customs offices to remain open on Saturday & SundayBankman-Fried jailed for 25 yrs in FTX scamI-T- Once the citizen deposits the tax upon coming to know of his liability, it cannot be said that he has deliberately or willfully evaded the depositing of tax and interest in terms of Section 234A can be waived: HCHouthis attack continues in Red Sea; US military shoots down 4 dronesI-T- Secured creditor has priority charge over secured asset, over claims of I-T Department & other Departments; any excess amount recovered by Secured Creditor from auction of secured asset, over & above the dues payable to it, are to be remitted to the Departments: HCFederal Govt hands out USD 60 mn to rebuild collapsed bridge in BaltimoreI-T - Receipts of sale of scrap being part & parcel of activity and being proximate thereto would also be within ambit of gains derived from industrial undertaking for purpose of computing deduction u/s 80-IB: HCCanadian School Boards sue social media titans for 4 bn Canadian dollar in damagesI-T - Once assssee on year of reversal has paid taxes on excess provision and similar feature appeared in earlier years and assesee had payments for liquidated damages on delay of deliverables, no adverse inference can be drawn: HCFormer IPS officer Sanjiv Bhatt jailed for 20 yrs for planting drugs to frame lawyerST - Software development service & IT-enabled service provided by assessee was exempt from tax during relevant period, by virtue of CBEC's Notification & Circular; demands raised for such period not sustainable: CESTATUN says Households waste across world is now at least one billion meals a dayCus - Order rejecting exporter's request for conversion of Shipping Bills on grounds that the same has been made by exporter beyond period of three months from date of Let Export Order in terms of CBEC Circular No. 36/2010-Cus : CESTATIndia, China hold fresh dialogue for complete disengagement on Western borders: MEACus - No Cess is payable when Basic Customs Duty is found to be Nil: CESTATThakur says India is prepared for 2036 OlympicsCX - As per settled law, a right acquired as result of a statutory provision, cannot be taken away retrospectively unless said statutory provision so provides or by necessary implication has such effect: CESTAT
 
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New Delhi, February 07, 2016
Pre-Budget Meet: State Finance Ministers ask for release of CST compensation & incentive for dairy development
 
Paris, February 06, 2016
Political finance needs tighter regulation and enforcement, says OECD
 
Mumbai, February 06, 2016
CX - Travel Agent services availed by technical & accounting personnel of appellant to visit job workers premises for upkeep and maintenance of plant and machinery installed by them is an Input service: CESTAT
 
Chennai, February 06, 2016
Customs - Order reviewed by Committee of Commissioners and accepted in 2012- Order reviewed again in 2015 and appeal filed with condonation of delay of 947 days - COD application dismissed - Order marked to CBEC for issuing guidelines:CESTAT
 
Kolkata, February 05, 2016
I-T - Whether in order to invoke provisions of Sec 69B, onus is on Revenue to prove that assessee has invested in property over and above what is disclosed in books - YES: ITAT
 
Mumbai, February 05, 2016
CX - Cosmetics - Technical professional products not for retail sale but sold only to Salon for their exclusive internal in-salon use - 'salon' is a consumer - affixing MRP and discharging duty u/s 4A is proper: CESTAT
 
New Delhi, February 04, 2016
Competition Act - Whether exclusive arrangement between Govt and Air India with respect to all air travelling purposes under LTC scheme amounts to anti-competitive practices - NO: CCI
 
Mumbai, February 04, 2016
Contention of Adjudicating authority is misleading - Duty cannot be demanded on goods cleared by EoU to DTA under notfn. 43/2001 by following Rules, 2001 on ground that section 5A does not allow exemption: CESTAT
 
Mumbai, February 04, 2016
I-T - Whether application for rectification of order passed by Settlement Commission can be disposed of by Secretary to Commission even if he has no role to play in passing the order concerned - NO: HC
 
Chennai, February 03, 2016
ST - CENVAT Credit cannot be denied on ground that Head Office is not registered as Input Service Distributor: CESTAT
 
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