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GST - Neither SCN nor the order spell out the reasons for retrospective cancellation of registration, hence cannot be sustained: HCGST - Non-application of mind - If reply was unsatisfactory, details could have been sought - Record does not reflect that such exercise was done - Matter remitted: HCGST - Merely because a taxpayer has not filed returns for some period does not mean that registration is required to be cancelled with retrospective date also covering the period when returns were filed and taxpayer was compliant: HCGST - Petitioner's reply, although terse, is not taken into account while passing assessment orders - Petitioner put on terms, another opportunity provided: HCUnveil One Nation; One Debt Code; One Compliance Rule for Centre & StatesChina moves WTO against US tax subsidies for EVs & renewable energyMore on non-doms - The UK Spring Budget 2024 (See TII Edit)Notorious history-sheeter Mukhtar Ansari succumbs to cardiac arrest in UP jailTraining Program for Cambodian civil servants commences at MussoorieNY imposes USD 15 congestion taxCBIC revises tariff value of edible oils, gold & silver45 killed as bus races into ravine in South AfricaCBIC directs all Customs offices to remain open on Saturday & SundayBankman-Fried jailed for 25 yrs in FTX scamI-T- Once the citizen deposits the tax upon coming to know of his liability, it cannot be said that he has deliberately or willfully evaded the depositing of tax and interest in terms of Section 234A can be waived: HCHouthis attack continues in Red Sea; US military shoots down 4 dronesI-T- Secured creditor has priority charge over secured asset, over claims of I-T Department & other Departments; any excess amount recovered by Secured Creditor from auction of secured asset, over & above the dues payable to it, are to be remitted to the Departments: HCFederal Govt hands out USD 60 mn to rebuild collapsed bridge in BaltimoreI-T - Receipts of sale of scrap being part & parcel of activity and being proximate thereto would also be within ambit of gains derived from industrial undertaking for purpose of computing deduction u/s 80-IB: HCCanadian School Boards sue social media titans for 4 bn Canadian dollar in damagesI-T - Once assssee on year of reversal has paid taxes on excess provision and similar feature appeared in earlier years and assesee had payments for liquidated damages on delay of deliverables, no adverse inference can be drawn: HCFormer IPS officer Sanjiv Bhatt jailed for 20 yrs for planting drugs to frame lawyerST - Software development service & IT-enabled service provided by assessee was exempt from tax during relevant period, by virtue of CBEC's Notification & Circular; demands raised for such period not sustainable: CESTATUN says Households waste across world is now at least one billion meals a dayCus - Order rejecting exporter's request for conversion of Shipping Bills on grounds that the same has been made by exporter beyond period of three months from date of Let Export Order in terms of CBEC Circular No. 36/2010-Cus : CESTATIndia, China hold fresh dialogue for complete disengagement on Western borders: MEACus - No Cess is payable when Basic Customs Duty is found to be Nil: CESTATThakur says India is prepared for 2036 OlympicsCX - As per settled law, a right acquired as result of a statutory provision, cannot be taken away retrospectively unless said statutory provision so provides or by necessary implication has such effect: CESTAT
 
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New Delhi, November 29, 2017
Cus – Oversight of fact/not considering arguments is not an error and no relief can be granted in rectification: CESTAT
 
Mumbai, November 28, 2017
I-T - TDS Credit in hands of demerged company cannot be withdrawn, if no credit of TDS was claimed in return of resulting company on demerger: ITAT
 
Chennai, November 28, 2017
CX – Contention that CESTAT had passed two sets of orders on identical facts would not give rise to a cause to file a writ petition: HC
 
Chennai, November 28, 2017
Cus - No distinction can be made between seizure during course of examination of cargo or seizure of goods after they left customs barrier - s.123 of CA applies, hence application for settlement rightly rejected: HC
 
New Delhi, November 27, 2017
I-T - When ITO has not raised any query during original assessment, which can substantiate that he has formed any opinion on impugned issue, then reopening in such case is not case of 'change of opinion': ITAT
 
Mumbai, November 27, 2017
CX - No evidence adduced to show that Appellant had used any other raw material other than imported goods nor any evidence of diversion of imported raw material has been brought on record - MODVAT cannot be denied: CESTAT
 
Mumbai, November 27, 2017
Cus - Maharashtra Police could not have invested huge public money for purchase of boat for pleasure without being used for patrolling purpose-Revenue's classification of Patrolling boats under CTH 8903 fails: CESTAT
 
New Delhi, November 25, 2017
I-T - CBDT Circular prescribing monetary limits for Revenue to file appeals to higher courts will have retro application to even pending cases: SC
 
Ernakulam, November 25, 2017
I-T - Substantial improvement brought in existing business, by incurring renovation expenditure of more than 50% of existing book value of machinery, is enough for claiming benefit u/s 80IA: Kerela HC
 
New Delhi, November 24, 2017
I-T - Advance deposit of Central Excise Duty through PLA constitutes ACTUAL payment of duty within meaning of Sec 43B: Supreme Court
 
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