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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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Mumbai, November 16, 2015 Cus - Tribunal becomes functus officio as Doctrine of merger applies - Tribunal has no jurisdiction to entertain application for restoration of appeal when condition of pre-deposit as ordered by High Court is violated by appellant - Applications dismissed: CESTAT by Majority

Mumbai, November 16, 2015 CENVAT - Notfn 67/95 - Furnace is capital goods, hence credit on Inputs used in manufacture of furnace in factory is admissible as such capital goods are used within factory for manufacture of dutiable goods: CESTAT

Mumbai, November 16, 2015 I-T - Whether sum paid to acquire unexpired portion of service agreements which will generate revenue for assessee, is to be treated as revenue expenditure - YES: ITAT

Ahmedabad, November 16, 2015 Cus - Notfn 21/2002 - Imported goods subjected to process of coating at Customs Warehouse and thereafter cleared to ONGC Project - surplus material cannot be treated as unauthorized diversion - Demand of duty not sustainable: CESTAT

New Delhi, November 15, 2015 ST - Civil work undertaken for Airports Authority of India � Tax computed on cost of materials supplied - service component involved of 25% to 44% - Tribunal order directing pre-deposit of Rs.17.5 lakhs with interest modified: High Court

Mumbai, November 14, 2015 RBI urges tax payers to pay income tax dues in advance to avoid last minute rush

Mumbai, November 14, 2015 Cus - Unloading of cargo from vessels carrying exclusively coastal goods - Refund of supervision charges was rejected solely on ground that supervision was provided as appellants had asked for the same - Supervision charges are statutory in nature, hence, it cannot be collected if it is not due: CESTAT

Mumbai, November 13, 2015 ST - CENVAT - Architect Services, Consulting Engineers & Management Consultancy Services used for construction of sports stadium are admissible input services as against output service of Renting of stadium: CESTAT

Mumbai, November 13, 2015 ST - Sale proceeds of auction of abandoned imported goods - In whole transaction no service recipient exists - Merely for reason that s. 150 of CA, 1962 provides for distribution of auction proceeds, that will not empower Govt to recover ST: CESTAT

New Delhi, November 13, 2015 I-T - Whether provisions of section 41(1) cannot be applied where assessee is simply acting on behalf of customers and earns consultancy fee for services rendered - YES: ITAT

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September 26, 2024

TP - Assessment order quashed where TPO omits to follow directions given by DRP & ITAT; order erroneously includes non-AE revenue & non-AE cost for computing TP adjustment: ITAT

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September 26, 2024

Constitution of India-Court acting under Article 226 doesnot have power to pass order without proper tangible material : HC

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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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