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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, March 21, 2014 Income tax - Whether interest obligation arises for the Revenue in every case where excess tax paid by assessee has been retained by the State for its own enjoyment - YES: Supreme Court

Mumbai, March 21, 2014 CX - A miscellaneous application is not a substitute for an appeal as provided for in law - Application dismissed: CESTAT by Majority

Mumbai, March 21, 2014 Income tax - Whether provisions of Sec 56(2)(vii) apply to all capital assets, including bonus and rights shares offered on proportionate basis even if offer price is less than fair market value - NO: ITAT

Mumbai, March 21, 2014 ST - Commercial or Industrial Construction Services - Lowering, laying, jointing and testing GRP pipes for Gujarat Industrial Development Corporation is taxable service as GIDC is corporation primarily undertaking development of infrastructure for industries - Appeal dismissed: CESTAT

Mumbai, March 20, 2014 ST - Construction - Clause (c) & (d) of Sec 65 (25b) do not specify that they should be undertaken in respect of new building only - finishing services, restoration or similar services provided, whether in respect of ‘new' building or 'old' building would attract ST liability: CESTAT by Majority

New Delhi, March 20, 2014 I-T - Whether when assessee enters into an MoU with non-resident consignment agent to reimburse all such costs that are incurred to complete exports sales, such expenses can be allowed as business expenditure - YES: ITAT

New Delhi, March 20, 2014 CX - Printing of laminated & unlaminated poly films - Whether amounts to manufacture - Matter referred to Third Member for deciding quantum of pre-deposit

Mumbai, March 19, 2014 ST - Water Resources Department is not commissioning agency as they do not undertake activity 'Erection of sluice gates in agricultural dams' for anybody else except themselves - Appeal allowed: CESTAT

New Delhi, March 19, 2014 Income tax - Whether when excise duty liability is that of contract manufacturers, same can be taken over by assessee as matter of commercial expediency and can also be treated as revenue expenditure - NO: ITAT

Ahmedabad, March 19, 2014 CX - Rebate - One cannot view statutory limitation leniently so as to bring through backdoor concept of sufficient cause flowing from Sec 5 of Limitation Act - Petition dismissed: High Court

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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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