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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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Mumbai, November 22, 2016
ST - Input Services - Renting of Immovable property - CCR, 2004 does not envisage proportional allocation: CESTAT
 
Mumbai, November 22, 2016
Cus - Appellant was not an authorised agent for removing garbage & sweeps from SEEPZ area, hence confiscation & penalty upheld: CESTAT
 
Chennai, November 21, 2016
I-T - Whether it is open to an assessee to agitate show cause notice before High Court, when he can directly approach ITO who had issued said SCN - NO: HC
 
Chennai, November 21, 2016
ST - Order in Original passed by relying upon an order of Tribunal, which has been set aside by High Court much earlier is unsustainable: HC
 
Mumbai, November 21, 2016
CX - No double benefit - Credit rules did not bar appellant from taking credit of CVD if importer availed exemption notification No. 22/99-Cus or filed any declaration to that effect: CESTAT
 
New Delhi, November 20, 2016
Pre-Budget Meet - Trade Unions call for hiking income tax exemption limit to Rs 5 lakh and pension to workers to Rs 3000; Credit to MSME Sector at 4% 
 
New Delhi, November 20, 2016
1.35 lakh jobs generated through various employment schemes last calendar year: Minister
 
New Delhi, November 19, 2016
GST a milestone in cooperative federalism; concept can be replicated in other spheres, says Cabinet Secretary
 
Pune, November 19, 2016
I-T - Whether compensation paid by developer to flat owners for delayed handing over of possession, is not a contingent liability warranting any penalty - YES: ITAT
 
New Delhi, November 19, 2016
Quantification of Black Money in India - Reports of commissioned studies under active consideration of Govt, says Minister
 
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