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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, June 25, 2014 ST - BAS - At retail outlets, appellants providing infrastructure to Mahanagar Gas for installing machinery for compression of gas - MGL selling CNG to appellant on payment of VAT or ST and appellants in turn selling to customers on RSP - profit margin is not commission: CESTAT

Amritsar, June 25, 2014 Income Tax - Whether premium paid on insurance policy designed under Unit Linked Investment Plan can be claimed as business expenditure u/s 37 - NO: ITAT

Mumbai, June 25, 2014 CX - There is no merit in contention that merely because person liable to pay duty has discharged duty liability, proceedings against others on whom penalty has been imposed u/r 26 will get concluded - Pre-deposit ordered of penalty: CESTAT

New Delhi, June 24, 2014 Asia corners 30% of global FDI inflows; India records 17% increase & China's outflows grew faster than inflows: UNCTAD's latest Report

Mumbai, June 24, 2014 ST - Refund - Export of goods - Tax paid on services of Commission agent on reverse charge basis - refund claimed under incorrect notfn. 17/2009-ST instead of 18/2009-ST - Claim rejected by original authority without issuance of SCN or giving a personal hearing - Matter remanded: CESTAT

Mumbai, June 24, 2014 Income tax - Whether provisions of Sec 153C allow the AO to invoke it casually and need not record any satisfaction - NO: Bombay HC

Mumbai, June 24, 2014 CENVAT - Penalty u/r 26(2) on first stage dealer for purported issue of fraudulent invoices - Penalty is imposed on basis of assumption and presumption which have no legs to stand - without a categorical finding, no penalty can be imposed: CESTAT

Mumbai, June 23, 2014 CX - Fly Ash whether dutiable from 01.03.2011 - Apex Court in Ahmedabad Electricity Co. had held that �fly ash' is non-excisable and which decision was relied by Commr(A) - no case made by Revenue for stay of order: CESTAT

Ahmedabad, June 23, 2014 Cus � Revenue cannot agitate an issue before CESTAT which issue was not in SCN or taken before Commr(A) - Revenue appeal rejected: CESTAT

Ahmedabad, June 23, 2014 Income tax - Whether trading addition on account of low Gross Profit is justifiable where assessee is engaged in jobwork and GP rate depended on nature of jobwork assigned only by the Principal - NO: 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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