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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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Ahmedabad, May 21, 2014 Income tax - Whether provisions of Sec 179 will apply in case where project runs into losses due to earthquake and FIs restructure debt and permit sale of property and creditors being proportionately paid out of such sale proceeds and when payments were made, assessment order was still pending - NO: HC

New Delhi, May 21, 2014 ST - Proprietary unit was taken over by Pvt Ltd company - due to delay in getting name changed in agreement with client, appellant unable to deposit ST - no malafide - penalty set aside: CESTAT

New Delhi, May 21, 2014 CX - Stock taking at Branch Sales offices showed that there was excess sale of certain steel products as compared to quantity received from respective steel plant - it cannot be presumed that goods were cleared clandestinely by PSU steel companies: CESTAT

Mumbai, May 20, 2014 CX - Valuation - Cost of packing of durable and returnable nature is not includible in assessable value - Revenue appeal dismissed: CESTAT

Mumbai, May 20, 2014 ST - Refund - Rule 5 of CCR, 2004 - Dy. Commr.rejecting refund claim by passing similar orders & by applying some general rule although HC on earlier occasion directed him to consider refund applications in accordance with law - Order quashed and matter remanded: High Court

Mumbai, May 20, 2014 ST - For providing maintenance service of Oxygen plant, appellant receiving electricity free of cost - electricity is an input for manufacture & not an input for service - question of adding value of electricity for computing taxable value of service will not arise: CESTAT

Bangalore, May 20, 2014 Income tax - Whether when assessee-Trust fails to produce any of donors contributing to building fund, such sums are to be treated as unexplained credit u/s 68 - NO: HC

New Delhi, May 20, 2014 ST - Appellant had provided construction services to UP Vikas Parishad for housing BPL persons and institutions for promotion of education - such services prima facie appear to be outside ambit of 'construction of residential complex' & 'commercial construction' - stay granted: CESTAT

Ahmedabad, May 20, 2014 CX - Appellant clearing own manufactured goods to principal manufacturer under jobwork - procedure for functioning under jobwork is different - duty correctly demanded - Revenue neutrality would arise only if activities of clearance takes place within sister concern or own units: CESTAT

New Delhi, May 19, 2014 CX - Appellant assembling CNG kits out of duty paid items and selling same to traders as well as installing same in vehicles - activity does not amount to manufacture u/s 2(f) of CEA, 1944: CESTAT

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