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Sunday , February 7, 2016 | Updated : Feb 6, 13:02 IST
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NEWS FLASH
 
Minimum Import Price on iron & steel introduced to protect domestic industry (See 'DGFT Notification 38' in 'What's New') Vehicles for providing ATM replenishment services should be Cenvatable (See 'Budget Run-up') Political finance needs tighter regulation and enforcement, says OECD (See 'Breaking News') Goods imported into India for display or use at an event subject to re-export - scope enlarged, conditions relaxed - Notfn. 3/89-Cus superseded (See 'Notification 8' in 'What's New') Union Budget, 2016: Suggestions - Direct taxation (See 'Budget Run-up') CX - Travel Agent services availed by technical & accounting personnel of appellant to visit job workers premises for upkeep and maintenance of plant and machinery installed by them is an Input service: CESTAT (See 'Breaking News') Handicrafts exports grows by 10% to Rs 14800 Cr (See 'Mixed Buzz') Revised list of countries notified as "developing countries" for the purpose of s.8B (Imposition of Safeguard duty) of Customs Tariff Act - Notfn. 103/98-Cus superseded (See 'Notification 19' in 'What's New') Biotechnology - Young India should realise target of USD 100 bn by 2020 in place of 2015: Minister (See 'Mixed Buzz') Bangalore Airport Customs seizes foreign make cigarettes worth Rs 1.37 Cr from several pax IMF expects India to implement 'critically important' reforms to realise its growth potential Bus plunges into river in Gujarat - 37 killed & 24 injured Pre-Budget talks: Arun Jaitley to meet state FMs tomorrow CBDT takes steps to protect you from Phishing e-mails (See 'Mixed Buzz') MNRE revises benchmark cost of CST Technologies (See 'Mixed Buzz') CBDT grants NFSG benefits to 102 JCITs (See 'Promotion' in Pitara) Income-Tax department allows tax payers to reply to notices using their registered email address US initiates anti-dumping probe into tyres from China, India & Srilanka Challenges plaguing Infrastructure sector - Govt reviewing regulations to attract more private investment Modification pleas cannot be outsourced by Settlement Commission to Secretary - Orders quashed (See 'DDT') Indirect Tax - What should one expect from Budget - 2016? (See 'ST Se GST Tak') Close all existing litigation before implementing GST (See 'Budget Run-up') Exemption or duty payment - Futile litigation on export promotion schemes (See 'Guest Column) Minimum Import Price on iron & steel introduced to protect domestic industry (See 'DGFT Notification 38' in 'What's New') Vehicles for providing ATM replenishment services should be Cenvatable (See 'Budget Run-up') Political finance needs tighter regulation and enforcement, says OECD (See 'Breaking News') Goods imported into India for display or use at an event subject to re-export - scope enlarged, conditions relaxed - Notfn. 3/89-Cus superseded (See 'Notification 8' in 'What's New') Union Budget, 2016: Suggestions - Direct taxation (See 'Budget Run-up') CX - Travel Agent services availed by technical & accounting personnel of appellant to visit job workers premises for upkeep and maintenance of plant and machinery installed by them is an Input service: CESTAT (See 'Breaking News') Handicrafts exports grows by 10% to Rs 14800 Cr (See 'Mixed Buzz') Revised list of countries notified as "developing countries" for the purpose of s.8B (Imposition of Safeguard duty) of Customs Tariff Act - Notfn. 103/98-Cus superseded (See 'Notification 19' in 'What's New') Biotechnology - Young India should realise target of USD 100 bn by 2020 in place of 2015: Minister (See 'Mixed Buzz') Bangalore Airport Customs seizes foreign make cigarettes worth Rs 1.37 Cr from several pax IMF expects India to implement 'critically important' reforms to realise its growth potential Bus plunges into river in Gujarat - 37 killed & 24 injured Pre-Budget talks: Arun Jaitley to meet state FMs tomorrow CBDT takes steps to protect you from Phishing e-mails (See 'Mixed Buzz') MNRE revises benchmark cost of CST Technologies (See 'Mixed Buzz') CBDT grants NFSG benefits to 102 JCITs (See 'Promotion' in Pitara) Income-Tax department allows tax payers to reply to notices using their registered email address US initiates anti-dumping probe into tyres from China, India & Srilanka Challenges plaguing Infrastructure sector - Govt reviewing regulations to attract more private investment Modification pleas cannot be outsourced by Settlement Commission to Secretary - Orders quashed (See 'DDT') Indirect Tax - What should one expect from Budget - 2016? (See 'ST Se GST Tak') Close all existing litigation before implementing GST (See 'Budget Run-up') Exemption or duty payment - Futile litigation on export promotion schemes (See 'Guest Column)
 
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Page 1
Paris, February 06, 2016
Political finance needs tighter regulation and enforcement, says OECD
Mumbai, February 06, 2016
CX - Travel Agent services availed by technical & accounting personnel of appellant to visit job workers premises for upkeep and maintenance of plant and machinery installed by them is an Input service: CESTAT
Chennai, February 05, 2016
Customs - Order reviewed by Committee of Commissioners and accepted in 2012- Order reviewed again in 2015 and appeal filed with condonation of delay of 947 days - COD application dismissed - Order marked to CBEC for issuing guidelines - CESTAT
Kolkata, February 05, 2016
I-T - Whether in order to invoke provisions of Sec 69B, onus is on Revenue to prove that assessee has invested in property over and above what is disclosed in books - YES: ITAT
Mumbai, February 05, 2016
CX - Cosmetics - Technical professional products not for retail sale but sold only to Salon for their exclusive internal in-salon use - 'salon' is a consumer - affixing MRP and discharging duty u/s 4A is proper: CESTAT
New Delhi, February 04, 2016
Competition Act - Whether exclusive arrangement between Govt and Air India with respect to all air travelling purposes under LTC scheme amounts to anti-competitive practices - NO: CCI
Mumbai, February 04, 2016
Contention of Adjudicating authority is misleading - Duty cannot be demanded on goods cleared by EoU to DTA under notfn. 43/2001 by following Rules, 2001 on ground that section 5A does not allow exemption: CESTAT
Mumbai, February 04, 2016
I-T - Whether application for rectification of order passed by Settlement Commission can be disposed of by Secretary to Commission even if he has no role to play in passing the order concerned - NO: HC
Chennai, February 03, 2016
ST - CENVAT Credit cannot be denied on ground that Head Office is not registered as Input Service Distributor: CESTAT
Mumbai, February 03, 2016
Cus - Appellant is a repeat offender - appellant has also repeatedly changed his stand regarding ownership of Indian currency - proceedings against others who gave cash to appellant and who was to receive in Dubai are still in abeyance - it is improper to allow redemption of seized currency: CESTAT

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