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White House expected to up tariffs on several Chinese goods in coming week Jaishankar to take up Kartarpur entry fee of USD 20 with Pakistan WHO reports some progress on pandemic treaty but deadline is missed KCR says regional parties can form Govt at Delhi with outside support from NDA or INDIA Severe solar storm envelopes earth; may disrupt power grids and communications Trump’s youngest son Barron backs out of Republican Party’s July convention India to participate at 77th Cannes Film Festival Industrial production tapers down to 4.9% in March month DoT, MHA and State Police join hands to combat cyber fraudsters SC grants interim bail to Kejriwal only for poll-related activities ICG signs MoU for supply of indigenous marine-grade aluminum for construction of ships Death toll in TN cracker unit blast rises to 10 BJD promises to make Odisha No 1 State by 2036; Manifesto promises AI Univ GST - Even assuming that dues to sundry creditors were not discharged, only the trade payables and not receivables should have been taken into account: HC Google search engine waits to meet rival from OpenAI on Monday Gunman shoots two officers in Paris Police Station GST - Neither the Show Cause Notice nor the order spell out the reasons for retrospective cancellation, hence same cannot be sustained: HC US rebuffs Russian allegation of meddling in Indian elections China upgrades ties with Hungary to ‘all-weather’ partnership GST - SC asks Govt not to use coercion for recovering arrears Private equity funds pouring in India’s healthcare sector


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Mumbai, January 01, 2016 CX - Drawing of MS wires from wire rods not manufacture - However, Credit taken on various items at input stage is regularised in view of retro amendment of Rule 16 by Taxation Laws (Amendment) Act, 2006: CESTAT

Mumbai, December 31, 2015 Cus - Tribunal being creature of Customs Act have limited powers and only in such cases where mistake has crept from record can only be rectified � ROM dismissed: CESTAT

Ahmedabad, December 31, 2015 Anti Dumping duty is levied for protection of domestic industry & not to serve interest of revenue - Recovery of ADD on imported sheet glass from China falling under CTH 70049099 and not falling under Tariff Items mentioned in Notifn 07/2015 is without jurisdiction: HC

Ahmedabad, December 31, 2015 I-T - Whether question of fulfillment of material requirements of valid application for settlement will remain open to Settlement Commission to examine before passing final, even if orders u/s 245D(1) & 245(2C) were passed - YES: HC

Mumbai, December 31, 2015 CX - Tankers cannot be considered as bulk pack - Therefore repacking of edible oil so received into retail containers with brand name cannot be considered as manufacture u/s 2(f) so as to be charged to duty: CESTAT

Mumbai, December 30, 2015 CX - It could hardly have been intention of Govt to segregate rebate matters into two categories for appeal purposes - In respect of rebate on goods supplied from DTA to SEZ, appeals would not lie to Tribunal: CESTAT Larger Bench

Ahmedabad, December 30, 2015 ST - Jetty is used within port for loading and unloading of goods from vessel - Port cannot function without jetty -CENVAT credit on inputs and capital goods used in construction of jetty is eligible for output service, namely Port service: CESTAT

New Delhi, December 30, 2015 I-T - Whether construction of multi-storey building and sale of flats can be characterized as 'an adventure in nature of trade' and receipt is to be treated as business income even if assessee had no intention to exploit plot as commercial venture - NO: HC

Mumbai, December 30, 2015 Cus - Smuggling of Red Sanders - Without any order being made in pursuance of adjudication, coercive measures of freezing bank a/c cannot continue - Even if Petitioner is alleged to have indulged in smuggling, he has to be proceeded against in accordance with law: High Court

Mumbai, December 30, 2015 CX - Appellant purchasing furniture from M/s Interscape which were confiscated by adjudicating authority with an option to pay RF of Rs.2.5 lakhs - as Tribunal has already set aside CE duty demand against M/s Interscape, nothing survives for holding that goods are liable to confiscation: CESTAT

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