News Update

ACC appoints Akshay Joshi, IRS, 2006 Batch, as Dy Secretary in Cabinet SecretariatCBDT issues detailed FAQs on ICDSAmended India-Singapore DTAA to come into force from April 1, 2017(See 'TII Brief' in TII)CBDT upset over officers speaking to mediaFinance Bill 2017 as Passed by Lok Sabha on 22nd March, 2017CBEC clarifies that Leggings (knitted or crocheted) merit classification under CTH 6115Rising Din Against Litigation - Do something before India boards GST BusCabinet okays abolition of Cesses & Surcharges in run-up to GST roll-outUnion Cabinet approves MoU between India & USA in Cyber Security + grants in-situ promotion to Indian Trade Service officers to SAGTrade imbalance being corrected: MinisterI-T - Declaration made under Kar vivad Samadhan Scheme would cover penalty & interest levied in case of tax arrears, rules HCCX - Sec 11B does not make any distinction between duty paid in cash and that by credit utilization: CESTATST - Pipeline or conduit laying executed for Govt as part of irrigation, water supply, or sewerage projects are not exigible to ST under CICS : CESTATCX Money value of technical know-how, drawing, design provided by FIPL to appellant for manufacture of power units for FIPL needs to be added in AV: CESTATTerror attack at UK Parliament - Attackers' car mow down pedestrians; Policeman and pedestrians stabbed; Attacker shot dead; More than 12 injuredGST to help reduce prices: FMIndustrial Incentives to Himachal PradeshEPFO invests in ETFs based on Nifty -50, sensex and CPSE IndexNatural Disasters: ISRO to provide vital inputs for forecastLok Sabha passes Finance Bill with 29 amendments & new ClausesUP Chief Minister's first diktat to officials - Do not chew pan masala on dutyUN ranks India 131th on Human Development IndexMHA issues advisory to ensure no insult to National flagGovt issues Energy saving Certificates on BEE recommendation
 
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Chennai, March 23, 2017
I-T - Declaration made under KVS Scheme would cover penalty & interest levied in case of tax arrears, rules HC
 
New Delhi, March 23, 2017
CX - Sec 11B does not differentiate between duty paid in cash and that by credit utilization: CESTAT
 
Allahabad, March 23, 2017
ST - Pipeline laying executed for Govt as part of irrigation, water supply, or sewerage projects not exigible to tax under CICS : CESTAT
 
New Delhi, March 23, 2017
CX Money value of technical know-how etc. provided to appellant for manufacture of power units for FIPL is addable in AV: CESTAT
 
New Delhi, March 22, 2017
Bihar Finance Act - Assessing Authority cannot re-open assessment based only on Audit Report: Supreme Court
 
Mumbai, March 22, 2017
I-T - Surrender of life interest in properties belonging to trust, by releaser in favour of his children, would not constitute 'gift', if releasor was no absolute owner of property
 
Mumbai, March 22, 2017
CX - There is no basis for apprehension that Tribunal's understanding of legal provision is flawed: HC
 
New Delhi, March 22, 2017
ST - Providing armed security guards to PSU u/s 13 of Police Act, 1861, is carrying out of statutory function and not liable to service tax: CESTAT
 
New Delhi, March 22, 2017
CX - Without any proof of clandestine removal, it is not legal to disallow CENVAT credit on inputs, if same had been received in factory: CESTAT
 
New Delhi, March 21, 2017
CX -When assessment order of Commercial Taxes Dept. has been set aside by Rajasthan Tax Board, CE case has no legs to stand: CESTAT
 
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