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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Mumbai, October 06, 2013
ST - when penalty has been dropped by invoking section 80 of FA, 1994, extended period of limitation is not invokable – Prima facie strong case in favour - Pre-deposit waived and Stay granted: CESTAT
 
Mumbai, October 05, 2013
ST - Transportation of baggage is not an individual service, but it is a component of principal service of 'Transportation of passengers' service by air' - Collection of 'excess baggage charges' by airline does not mean that they are transporting goods by air - Stay granted: CESTAT
 
New Delhi, October 05, 2013
Train fare to go up for pax from Monday & Freight from coming Thursday
 
Chennai, October 04, 2013
I-T - Whether as per scheme formulated by MoC in locating Software Technology Park, assessee can be deprived of benefits of Sec 10A solely by reason of it being in existence already, but became STPI subsequently - NO: HC
 
New Delhi, October 04, 2013
ST - Works Contract Service - whether composite contract can be vivisected to tax service portion prior to 1.6.2007 - Matter referred to Five Member Bench: CESTAT
 
Ahmedabad, October 04, 2013
Cus - Export of meat - veterinary doctors certificates doubted - duty demanded - Prima facie Customs cannot demand duty from exporters on any irregularity noticed by them and they should necessarily refer matter to DGFT - pre-deposit waived: CESTAT
 
New Delhi, October 03, 2013
Cabinet approves National Policy on Universal Electronic Accessibility
 
Vizag, October 03, 2013
I-T - Whether the term 'assessee' used in Sections 54B and 54F can also be extended to major married daughters - NO: ITAT
 
Bangalore, October 03, 2013
ST - Commissioner (A) dismisses Stay application and Appeal without hearing - Appeal restored on pre-deposit of tax and interest: CESTAT
 
New Delhi, October 03, 2013
CX - SSI Exemption - Goods manufactured on job work basis by loan licence - clearances to be clubbed - Pre-deposit ordered: CESTAT by majority
 
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Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.