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, June 24, 2013
I-T - Whether when a company sponsors gifts to winners of a TV Game Show, any TDS obligation arises on such gifts for assessee or TV Channel - Liability is on assessee: ITAT
 
Ahmedabad, June 24, 2013
ST - Since appeal was filed before Commissioner(A) against o-in-o by appellant, Commissioner had no power to review o-in-o u/s 84 of FA, 1994 - Appeal allowed: CESTAT
 
Chennai, June 24, 2013
Customs - Import of secondhand Digital Multifunction Print & Copying machines - freely importable; not hazardous waste - Confiscation and Penalty set aside: HC
 
New Delhi, June 23, 2013
CCEA gives nod for harmonious substitution of Concessionaire in National Highway completed projects
 
New Delhi, June 23, 2013
India-US Higher Education Dialogue to commerce on Tuesday
 
New Delhi, June 22, 2013
Autonomy extended to public sector coal has failed to jack up production: Minister
 
New York, June 22, 2013
More than a Third of all women affected by physical or sexual violence: UN Report
 
Chennai, June 21, 2013
I-T - Whether it is sine qua non for assessee to produce substantial materials before Court or any other authority to show that borrowed funds were not diverted for any purpose other than business - YES: Madras HC
 
Mumbai, June 21, 2013
Rebate - Applicant clearing goods manufactured in J & K to Mumbai unit, availing CENVAT and then affixing labels and treating same as manufacture u/s 2(f) and clearing goods for export and claiming rebate of duty - notification 19/2004-CE(NT) - rebate not admissible - Difference of opinion - Matter referred to Third Member: CESTAT
 
Mumbai, June 21, 2013
ST - appellant providing vessels to ONGC on charter hire basis - primary object is transportation of crude from place of production i.e. in High Sea to refineries and not for storage and warehousing - such services are classifiable under supply of tangible goods for use - stay granted: CESTAT
 
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