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Cus - Adjudication proceedings initiated on the ground of 'illegal export' whereas seizure was on the belief that there is 'illegal import' - Clear lack of jurisdiction: HCCus - An assessee cannot be deprived of its justifiable money - Refund to be granted along with interest @8%, although Act provides interest @6% - Difference of 2% to be recovered from officers responsible and mention be made in their service records - Cost of Rs.1 lakh also payable: HCCus - It is settled law that Tribunal cannot travel beyond the scope of relief and the case made out in the show cause notice: HCCus - RoSCTL Scheme - Right accrued pursuant to any law and/or Scheme in favour of the person cannot be denied merely due to any technical error and/or glitch: HCST - Not only is the assessee a PSU but also if the tax had been paid on reverse charge basis, they would have been entitled to take credit - Net effect is the exercise is revenue neutral - Tribunal rightly set aside the penalty: HCGST - Refund of IGST paid on goods exported - An Assessee cannot be deprived of its justifiable money - Petitioner ought to be compensated for such deprivation - Interest to be paid @6%: HCSC Constitution Bench upholds rights of States to levy royalty on mineral taxGST - DRC-01 was not accompanied by SCN - Order passed - Violation of principles of natural justice - Orders set aside and matter remanded: HCAustralia notifies sanctions against Israel for West Bank violenceGST - When an adverse order is to be passed, the same has to be passed after giving an opportunity of personal hearing and in absence thereof, such order deserves to be quashed: HCMusk says Starlink now working on over 1000 aircraftBudget 2024 plays unfair with property owners; redefines HNIs!Typhoon Gaemi makes landfall in Taiwan; 8 killedBudget 2024: A Comprehensive Perspective on GSTDelhi HC imposes Rs 1 lakh fine for defaming judges on social mediaI-T- When the income of agricultural land is exempt from tax, then said exempt income cannot be added to books profit while calculating the MAT u/s. 115JB : ITATBiden says he exited from race to unite DemocratsI-T- Deduction u/s 80P cannot be denied to a cooperative society, in respect of interest income earned from money invested in cooperative banks: ITATUK, Germany ink defence pact for closer cooperationI-T- Existence of loan account not disputed - waiver of such outstanding loan cannot be clubbed with capital account and deemed unexplained; tax levied u/s 115BBE not tenable: ITATUS cautions tech start-ups on security threats from overseas investorsCus - Appellant is not liable to pay safeguard duty on electrical insulators of glass which is imposed by Notfn 5/2012-Cus as on date of entry inward of import goods, said Notification had not come into force: CESTATMeta erases thousands of Facebook sextortion accounts from NigeriaTaxonomy is not about taxesUNESCO declines to put UK’s Stonehenge on list of heritage sites in dangerBudget for Vikasit BharatIndia successfully tests two ballistic missilesWill the Old Tax Regime be Consigned to A Margadarshak Role?Khalistani activists polluting Canada: Canadian MP Chandra AryaGSTAT to deal with Anti-Profiteering casesUK Foreign Minister David Lammy meets PM ModiRs 1.72 lakh crore allocated for capital acquisition for defence

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Amnesty scheme,2017 proposed

Now that the GST regime is to be implemented before September,2017 and the GST council meeting are in full swing,at any cost, GST will be implemented.
It's suggested that a New Amnesty scheme,2017 must be introduced in the budget envisaging settlement of all dispute s at various levels like SCNs, Audit objections, appeals at first and second stage s.
This alone will pave the way to wipe off all 1000s of disputes .
All efforts by transfering to lower level s at JC,ADC,AC/DC have not made any progress in the increase of disposal s..
The large number of disputes are alarming, making it a tough time to smooth transition to the GST regime.
Let us hope Honble FM will come out with a new Amnesty scheme,2017, in all probability..

Unnikrishnan V 27/01/2017

 

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