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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, May 23, 2014 VAT - accepting defective compressors outside warranty period with certain fixed repair charges and replacing them at option of customer with any other repaired compressor does not tantamount to sale so as to attract Sales tax: HC

Ahmedabad, May 23, 2014 Income tax - Whether when assessee commits to supply certain product more than plant capacity and finally resorts to purchases from sister unit and third party to meet obligations, any disallowance of part of sale price on ground of being excessive is warranted - NO: ITAT

Mumbai, May 23, 2014 CX - Cutting & slitting of jumbo rolls of self-adhesive rolls does not amount to manufacture - if legislature wanted to connote this activity as manufacture it would have included CETH 4811 and 8546 in Third Schedule or added chapter note - Revenue appeal dismissed: CESTAT

Mumbai, May 22, 2014 ST - Management Consultant - Respondent advising Group Cos to handle issues and also undertakes discussion with banks & BCCI - such activity covered in first part of definition - respondent liable to pay tax : CESTAT

Mumbai, May 22, 2014 CX - Refund - Quantity discounts given to dealers at end of calendar year - incidence of duty refunded to dealer through credit notes - refund is not hit by unjust enrichment: CESTAT

New Delhi, May 22, 2014 CENVAT - Nobody invites fire - Revenue explanation that fire has occurred on account of negligence on part of assessee cannot be appreciated - no malafide hence penalty not imposable: CESTAT

Kolkata, May 22, 2014 Income tax - Whether a gratuitous one-time settlement amount paid by licensor to licensee out of goodwill gesture, at time of termination of agreement, but not under any contractual obligation can be treated as revenue receipts - NO: HC

Mumbai, May 22, 2014 ST - Construction of Hostel for Women and Synthetic Track in University is prima facie not 'Commercial construction service': CESTAT

Mumbai, May 21, 2014 Cus - Change from USD to Euro in Bill of Entry - Duty paid on Euro value - Rectification allowed by Commissioner(A) as being typographical mistake is proper in law - Revenue appeal dismissed: CESTAT

Mumbai, May 21, 2014 ST - Refund - Appellants charging client based upon quantity of concrete pumped through equipment installed by them - as charges are not in nature of rental but with reference to work performed they are to be held as inclusive of ST - unjust enrichment attracted: CESTAT

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Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

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

September 26, 2024

TP - Company merits being discarded as comparable for benchmarking purposes, where its products are entirely different from the products manufactured by assessee-company: ITAT

September 26, 2024

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

September 26, 2024

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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