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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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New Delhi, August 27, 2014 Customs - Valuation - Proof of imports of identical goods at higher value not given to appellant - Assessment Order set aside; however SCN survives: SC

Mumbai, August 27, 2014 ST - Support services provided by appellant to run business of clients by way of assistance in marketing, in obtaining loans from FIs, training of their personnel do not fall within category of 'Consultancy Service' let alone 'Management Consultancy Service' - Appeal allowed: CESTAT

New Delhi, August 27, 2014 Income tax - Whether provisions of Sec 41(1) come into play only when there is cessation of a liability - YES: ITAT

Mumbai, August 27, 2014 CX - Refund - Payment deduced by client for failing to supply specified quantity of goods during specified period - whatever amount appellant had received less from buyer they are entitled to take refund of duty component involved in deducted amount: CESTAT

Mumbai, August 26, 2014 High Court never stated that service has to be rendered to factories governed by Factories Act, 1948 - Telecom Service provider can also take credit on Outdoor Catering Service: CESTAT

Mumbai, August 26, 2014 Cus - Provisions of s. 27 are not applicable to Interest paid for warehoused goods u/s 61(2) - Consequently, bar of unjust enrichment is not applicable - Appeal allowed: CESTAT

Hyderabad, August 26, 2014 I-T - Whether even if investments made by assessee earn no income, expenditure incurred on such investments is liable to disallowed under Rule 8D(2) - NO: ITAT

Allahabad, August 26, 2014 Aerated waters - Whether contaminated, under or over filled bottles or badly crowned bottles amounts to manufactured finished goods, which are required to be entered under R.G.-1 register and which are exigible to payment of excise duty ? - 'No' High Court answers question of law in favour of assessee

Bilaspur, August 25, 2014 CENVAT - Presumption by Tribunal that place of removal is factory gate of manufacturer in case excise duty is charged on specified rate is incorrect: HC

Allahabad, August 25, 2014 CX - Unless it is established that discretion has been exercised in an arbitrary or perverse manner or that it is not based on relevant considerations, Courts will not interfere in exercise of such discretion by Settlement Commission: 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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