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FM to begin pre-budget meet from Monday; to meet State FMs on Wednesday prior to GST Council meeting CAB - Protestors set buses on fire; clash with cops China defers plan to hike tariff on some US goods 14 killed in Nepal bus tragedy Cocaine worth Rs 1300 Cr seized; 9 arrested Two coal mines in Jharkhand allotted to CPSEs GST – Inter-state sale - Only with effect from 1st April, 2018 the requirement of downloading of the E-way bill was made compulsory – seizure of vehicle, goods as well as imposition of penalty unsustainable: HC Nicotine Polacrilex Lozenge is a chemical preparation classifiable under heading 38.24 and attracts @18% GST: AAAR IDS Scheme - CBDT grants further relief for payment of tax with interest up to Jan 31, 2020 Minister favours India-Maldives pact in area of governance Govt incurs huge subsidy burden for fertilizers: Gowda Citizens' Duties - Law Ministry plans year-long activities CX - Submissions by assessee regarding limitation were cursorily disposed off by the adjudicating authority - non-application of mind - Matter remanded: CESTAT CX - Rail coaches cleared by ICF to Ministry of Defence - Duty element on the excess cost alone was claimed as refund - no unjust enrichment can be attributed: CESTAT India’s forex kitty soars by over USD two billion to USD 453 billion Notifications issued for implementation of provisions related to e-invoice and QR Code for a class of taxpayers Govt notifies hikes in Ceiling prices of 21 medicines CBIC hikes tariff value of gold & edible oils but lowers same for Silver World Economic Forum, UN join hands to promote digital inclusion in India

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TIOL Tube

Legal Wrangle | Direct Tax | Episode 119

December 15, 2019| New Delhi

Cocaine worth Rs 1300 Cr seized; 9 arrested

December 15, 2019| New Delhi

Two coal mines in Jharkhand allotted to CPSEs

December 14, 2019| New Delhi

Govt incurs huge subsidy burden for fertilizers: Gowda

Deccember 14, 2019| New Delhi

Minister favours India-Maldives pact in area of governance

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December 13, 2019 | I-T

DTAA - Project office acting as communication channel to support Non-resident entity's main activity of fabrication & installation of platforms, cannot be construed as PE: HC

December 13, 2019 | TP

TP - Company engaged in rendering highly technical service cannot be compared to captive service providers engaged in rendering mere support services: ITAT

December 13, 2019 | Depositories Act

Depositories Act - Direction to transfer funds from depository to clients account in fraud case cannot be recalled if the right of financial lenders as bona fide pledgees of securities was brought after delay: SAT

December 13, 2019 | IBC

IBC - Without discharging obligations arising under one time settlement, section 7 application cannot be withdrawn on basis of negotiation reached between corporate debtor & financial creditor: NCLAT

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