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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, November 22, 2013 ST - Argument that after 1.5.2006, there is specific service i.e. 'Ship Management Service' which covers supply of crew for ships and, therefore, activity is liable to be taxed only on or after 1.5.2006 does not stand to any logic - Earlier better principle should be adopted for classifying service - Demand upheld: CESTAT

Kochi, November 21, 2013 I-T - Whether when Revenue finds incriminating materials during Survey Operation and also a Search & Seizure, the Survey materials have to be dealt with independently - YES: HC

Mumbai, November 21, 2013 ST - Applicant has entered into separate agreements with MEPL, one for supply of materials and another for erection on which they paid ST - since supply of material is under separate agreement and on which VAT has been paid, applicant has prima facie strong case - Stay granted: CESTAT

Mumbai, November 21, 2013 CX - Duty liability as on 31/03/2007 paid by utilizing CENVAT credit earned on capital goods on 01/04/2007 - since said utilization of credit is prohibited by rule 3(4), it cannot lead to invocation of rule 8(3A): CESTAT

Kochi, November 20, 2013 I-T - Whether when assessee makes capital gains on sale of property, there is any bar u/s 158BB(4) to claim deduction of carried forward losses pertaining to house property - NO: HC

Chennai, November 20, 2013 Cus - Writ Petition against validity of Notification 127/99 fails - Madras HC upholds validity of Notification issued u/s 8A(1) of Customs Tariff Act, 1975 - Expression 'Free' mentioned in Customs Tariff to be interpreted as 'Nil rate' or 'Zero rate'

Mumbai, November 20, 2013 CENVAT - Rules 4A of STR - Rule 9 of CCR - objection raised for denial of credit is that information is not in one page but several pages - If legislature wanted all information in one page, they would have prescribed format: CESTAT

New Delhi, November 19, 2013 ST on construction - abatement - Composite contracts can be vivisected - service portion of contracts can be subjected to ST - Abatement notifications optional, but once opted, have to be complied with fully: HC

Gangtok, November 19, 2013 Service Tax - transactions in lottery tickets are not liable to service tax; Superintendent' s Letter quashed: High Court

Ahmedabad, November 19, 2013 I-T - Whether sum paid to financial consultant as Corporate Debt Restructuring fees for securing waiver of interest is to be treated as capital in nature - NO: HC

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