News Update

CBIC amends tariff value of silver; No change for other commoditiesHigh Level Official Delegation from Mauritius visits National Centre for Good GovernanceGovt hikes Minimum Wages vide enhanced VDA for unorganised workersTRAI mandates whitelisted URLs, APKS, or OTT links for SMS TrafficGST - 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: HCFrance backs India’s membership to Security CouncilGST - No opportunity of personal hearing as was requested while replying to SCN was given - Order set aside: HCJaishankar calls for reforms of WTO, G20 & UNGST - 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: HCFamily of 5 found dead in car in TN; Suicide suspectedAlternative Global Value Chain - Is India going to be 'Next China'!IMF okays USD 7 bn loan to support Pak’s sinking economyCus - Unreasoned order - Order spoke for itself - Revenue counsel tries his best to justify order but in the end had to throw in the towel: HCBombay HC quashes govt clearance given after construction in Coastal areaPrevent misuse of s.114AA of Customs ActBrazil keen to ink trade deal with EUGST - 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: HCHarris promises tax credit and investments to US manufacturersCBIC notifies HAG benefits to 22 IRS officersNukes may deflect asteroid threatening earth: ScientistsAfter Iranian death threat, Trump says Iran should be torn into piecesIndia, Australia working to strengthen ECTA through CECA: GoyalUS Intel suggests Russia has secret war drones factory in ChinaSurvey reveals 31% Indians now use e-com platforms for ordering groceryIndia's coal imports see marginal increase amid surge in Power Generation
 
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New Delhi, December 17, 2013
Condonation of delay - Delay due to pursuing litigation before a wrong forum - Whether can be condoned - Matter goes to Third Member
 
Mumbai, December 16, 2013
ST - Providing Advisory services is Management Consultancy Service - Demand upheld & appeal dismissed: CESTAT
 
New Delhi, December 16, 2013
I-T - Whether when assessee makes payments to builder for purchase of flat but builder fails to give delivery as per scheduled time, Sec 54F benefits are available even in such a case - YES: ITAT
 
Mumbai, December 16, 2013
CX - Even if appellant has paid duty wrongly or illegally, once same has not been refunded, they cannot be denied CENVAT credit - Pre-deposit waived & Stay granted: CESTAT
 
New Delhi, December 15, 2013
Insurance Repositories System to benefit policy holders: Minister
 
New Delhi, December 15, 2013
WHO says more women dying from breast cancer; Indian Health Minister confirms the trend
 
New Delhi, December 14, 2013
Govt suspends sale of several drugs in 2013; Pharmaco vigilance working well: Health Minister
 
New Delhi, December 14, 2013
Govt decides to set up Telecom Testing & Security Certification Centre
 
New Delhi, December 13, 2013
ST - Whether services provided could be vivisected and services provided within taxable territory alone brought to tax on proportionate value received therefor - Pre-deposit ordered: CESTAT
 
Mumbai, December 13, 2013
I-T - Whether any disallowance of expenditure u/s 14A is warranted if dividend income is earned on shares held as stock in trade - YES: ITAT
 
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TIOL Tube brings you an interview with former US Secretary of Treasury, Mr. Larry Summers who was recently in Delhi.

AR not Afar by SK Rahman



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