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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, January 16, 2013 I-T - Whether when assessee-club places surplus funds in form of FDs with its member-banks to earn interest income, since such funds are loaned out to third parties for earning higher interest income, it violates privity of mutuality - YES: SC

Bangalore, January 16, 2013 Central Excise � Pre-deposit amount reduced in view of ongoing Telangana Agitation: CESTAT

Mumbai, January 16, 2013 Proprietorship concern is known by proprietor - person providing service is only Shri Mahajan whether he is providing services in name of Veer jawan or Jai Jawan Securities � demand for period prior to registration in name of Veer Jawan Securities Service has rightly been demanded: CESTAT

New Delhi, January 15, 2013 I-T - Sec 158BB - Whether payment of Advance Tax by assessee would by itself tantamount to disclosure of income for relevant assessment year - NO: SC Larger Bench

New Delhi, January 15, 2013 CX - Branded Goods - manufacture and sale of specified goods that do not bear brand name, from branded sale outlets - Once it is established that a specified good is a branded good, whether it is sold without any trade name by another manufacturer, it does not cease to be a branded good of first manufacturer - Not eligible for SSI Exemption: SC

Mumbai, January 15, 2013 Income tax - Whether transfer of leasehold rights attracts application of provisions of section 50C - YES: ITAT

New Delhi, January 15, 2013 CX - Whole basis of impugned SCN and adjudication order is that petitioner manufactures blank CDs, DVDs at intermediate stage - When this assumption is nothing but mere ipse dixit on part of revenue, without any foundation, SCN as well as adjudication order are quashed: HC

Mumbai, January 15, 2013 ST - Appellant getting trade secret from an ex-employee of competitor firm - competitor firm filing suit in US Court - appellant pays for use of trade secret - ST demand on reverse charge under IPR service - stay granted: CESTAT

Hyderabad, January 14, 2013 I-T - Whether when Revenue finds FDR receipts in names of employees of assessee company, showing sum as advance during a search, and assessee admits on confrontation, no fault can be found with additions made u/s 69 - YES: AP High Court

New Delhi, January 14, 2013 NDPS Accused is to be informed of his right to be searched before a Gazetted Officer or a Magistrate - Non-compliance vitiated entire proceedings including conviction and sentence - Accused released from jail: Supreme Court

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