News Update

CBIC prescribes revised procedure for making payment of CEX and ST arrears under new CBIC-GST Integrated portalCBIC increases Tariff value of GoldMere non-disclosure of receipt would not automatically imply escapement of income chargeable to tax from assessment: HCGovt setting up four Plastic Parks as per SchemeAll support for e-Commerce companies promoting Exports: GoyalLTC - Clarification on easing of rules for travel by air to visit N-E, J&K and AndamanTaxes mistakenly paid, must not be retained by Revenue Department: HCAnti-dumping duty on import of Paracetamol - Date extended up to July 9, 2019CGST - Much before notice u/s 46 came to be issued or rather, much before assessment could be undertaken u/s 62, authority straightway proceeded to pass orders of provisional attachment of goods as well as Bank A/c & which action is not in accordance with law - orders quashed: HCPompeo’s visit to New Delhi - MoU for defence tech transfer on the cardsST - Appellant has really not gained anything by instituting appeal beyond prescribed period of limitation, therefore, it cannot be said that no 'sufficient cause' was made out to explain delay of 102 days in institution of appeal - Appeal allowed: HCIf no construction is carried out on piece of land, it cannot be treated as 'stock in trade' merely because it is shown as same in books of account: ITATHousing for All by 2022 - All-out efforts to be made, says PMST - Refund - An assessee is not entitled to take advantage of a decision rendered in a case filed by another person to get extension of the period of limitation: HCDeduction claimed on account of insurance fee & registration charges merits disallowance, if taxpayer fails to demonstrate their genuineness: ITATCX - Quoting wrong assessee code - As long as duty is paid and credited duly to GOI account, procedural infractions which are curable in nature will not nullify such payments - Demanding such duty second time is certainly harsh and has no sanction of law: CESTATRecognition u/s 80G granted to Trust merits extension if its charitable nature do not undergo any change in precedings AYs: ITATCX - Software is an integral part of computer systems, though shown separately in invoices - value of software has to be included in AV for payment of Excise Duty: CESTATTaxpayer need not be penalised if interest paid by him on share capital at higher rate is found bonafide: ITATCus - Goods missing from CFS - duty demand confirmed but o-in-o appears contradictory inasmuch once proceedings under Regulation 11 & 12 were dropped, penalty could not have been imposed: CESTATAnti-dumping duty on Paracetamol imported from PR China extended till July 9, 2019Definitive Countervailing duty imposed on 'New/unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres)' used in buses and lorries/trucks imported from PR ChinaTwo separate low housing projects constructed on common land should not be construed as one, so as to disallow statutory relief available u/s 80IB(10): HCGovt approves CPC 2.0; Rs 1.6 lakh crore refund processedWhether if assessee purchaser demonstrates discharge of tax liability to seller, benefit of input tax cannot be deprived to such buyer - YES: HC
TIOL
MISC REPORTS

Ammonium Nitrate Rules

Notification

CA BILL

Amendment Bill, 2005 

CS BILL

Amendment Bill, 2005 

Rules

DRUG (PRICES CONTROL)

Drugs (Prices Control) Order, 2013

Drugs and Cosmetics (8th Amendment) Rules, 2015

DOON VALLEY

Environment Not

Not 49

Not 50

I & B MINISTRY

Downlinking Policy 2005

CAS Notification

Extradition Treaties

Philippines

Azerbaijan

EXPLOSIVES ACT

Notification

EDUCATION BILL

Draft Education Bill 2005

NAC Recommendation

ENVIRONMENT

Rules 

EXCHANGE RATE

Manual 2005 

ECONOMIC AFFAIRS

Securities Laws (Amendment)

EASE OF DOING BUSINESS

Govt takes several initiatives to improve 'Ease of Doing Business'

FOOD SAFETY & STANDARD BILL

Draft Outlines of the proposed Bill

FINANCE BILL 2012

Discussion on finance bilL 2012

FINANCE MINISTERS

Budget Speech from 1947 to 2008

HANDBOOK FAQs

Directorate of Systems Central Board of Direct Taxes Income Tax Department

INFRASTRUCTURE

Public Pvt Partnership Guidelines

INDIRECT TAX OMBUDSMAN

Public notic no 1/2012, Dated: August 21 2012

INDUSTRIAL POLICY

Maharashtra 2013

ICAI

Guidance Note on Accounting for Real Estate Transactions (Revised 2012)

KYOTO CONVENTION

WCO revised Pact

LIMITED LIABILITY PARTERNSHIP

Bill 2006

LOTTERIES (REGULATION) RULES, 2010

Notification

MoF

Manual for Purchase of Goods

Report of the Technology Advisory Group

Resolution

AMMONIUM NITRATE NOTIFICATION

Govt amends Rule 12 of Ammonium Nitrate Rules to substitute one year period to 18 months

INDIA-BANGLADESH-TERRIOTORY

India-Bangladesh-Terriotory

NATIONAL LITIGATION POLICY

National Litigation Policy

NBFC

RBI revises Regulatory Framework for NBFC

NITI AAYOG

Notification (pdf)

Notification (htm)

NEIIPP

North East Industrial and Investment Promotion Policy, 2007

MOF

Govt amends Notification to expand connotation of terms such as Transport & Logistics

ORDINANCE

Criminal Law (Amendment) Ordinance, 2013

OUTCOME BUDGET

Outlays and Outcomes

Patent Rules 2015

Draft Rules to amend Patent Rules 2003

PMEAC

Report

PIL

Writ Against DTAA

PNRB

Act

Rules

POWER POLICY

Resolution related to Tariff, 2006

PROFESSIONAL TAX

HP Bill 2005 

Maharashtra Notification

PUBLIC PRIVATE PARTNERSHIP

Guidelines Scheme for infrastructure

Report of Committee on revisiting & revitalising Public Private Partnership Model of Infrastructure

PUBLIC SERVICE

PUBLIC SERVICE Bill 2006

RFD

Results Framework Document For CBEC (2014 - 2015)

RBI

Monetary Policy Report - April 2016

Monetary Policy Statement 2013-14

SSI

Reserved & Dereserved Items

SSI Development Act 2006

Agricultural SSI

Items reserved for SSI de-reserved

STAMP DUTY

Maharashtra Stamp Ordinance II

STEEL

National Steel Policy 2005

SMEs

Development Bill -75C

SUPREME COURT

Circular F .No.4/SG/20 15., Dated: January 21, 2015

TAX LAWS AMENDMENT

ACT No.29 OF 2006, DATED: JULY 14, 2006

Bill No. 74 of 2005

Taxation Amendment Bill 55 Notified (No. 55 of 2005)

Parliamentary Panel Report

TRIBUNALS

Administrative Tribunals 

TRANSFER PRICING

US Regulations

WEIGHT & MEASURES ACT

Amendment

Enforcement

Notification

VIDHI-VARTA

Vidhi Varta

WHO Report

On tobacco tax

ALL ORDINANCES

Ordinances