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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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Bangalore, August 12, 2015 Service Tax - Microfinance loan assigned to bank with higher rate of interest - prima facie amounts to taxable service: CESTAT

New Delhi, August 12, 2015 I-T - Whether when expenditure in past was allowed as revenue in nature, merely because equipments were described as most important for tyre manufacturing plant, such expenditure is to be treated as capital in nature - NO: HC

New Delhi, August 12, 2015 CX - Not 50/2003 - Only when commissioning process is completed that plant is in position to start production - Adjudicating Authority must examine Member Secretary, H.P., who had certified that unit had commenced production on 31/03/2010 - Matter remanded: CESTAT

Mumbai, August 11, 2015 Cus - Committee passes Review order beyond period of three months from date of receipt of o-in-o - Tribunal is not empowered to condone delay in passing of review order - in absence of a 'legal review order' under s.129D(3) of CA, 1962, appeal is time barred: CESTAT

Ahmedabad, August 11, 2015 CX - There has to be illicit manufacture of goods to indulge in clandestine removal for which extra raw material, transportation of finished goods, cash payments are required to be established with a reasonable degree - Demand set aside: CESTAT

Ahmedabad, August 11, 2015 I-T - Whether if assessee participates in reassessment proceedings without questioning Sec 148 notice and proceedings are later dropped but CIT invokes revisionary powers, in such case assessee is free to challenge Sec 148 notice - YES: HC

New Delhi, August 11, 2015 ST - When clause (i) of ECIS definition w.e.f 16.06.2005 covered everything which was covered by definition of ECIS prior to 16.06.2005 it has to be held that what is contained in clause (ii) of ECIS definition was not covered under the ECIS definition prior to 16.06.2005: CESTAT

Chennai, August 10, 2015 DGCEI detects Rs 2500 Crore CENVAT Credit fraud by insurance companies; Summons issued against 16 Cos

Mumbai, August 10, 2015 Cus - Being responsible citizen, knowing fully well procedures which have to be followed while travelling abroad, in addition, being frequent traveller, it was expected of petitioner not to have acted in manner done - Imposition of penalty does not visit petitioner with any stigma: HC

Bangalore, August 10, 2015 I-T - Whether any delay in furnishing TDS returns would lead to cascading effect and would stall assessment of returns filed by deductees - YES: HC

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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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