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I-T - Anything made taxable by rule-making authority u/s 17(2)(viii) should be 'perquisite' in form of 'fringe benefits or amenity': SC Cus - Drawback - Revenue contends that appeal of exporter ought to have been dismissed by Tribunal as not maintainable since correct remedy was filing a revision application with Central government - Appeal disposed of: HC Cus - CHA - AA has clearly brought out the modus adopted by the appellant and how he was a party to the entire under valuation exercise - Factual finding affirmed by Tribunal - No question of law arises for consideration: HC GST - Proper officer has not applied his mind while passing the order; confirmed demand by opining that reply is not satisfactory - Proper Officer is directed to withdraw all punitive actions taken against petitioner pursuant to impugned order: HC GST - Proper Officer had to at least consider the reply on merits and then form an opinion - Non-application of mind - Order set aside and matter remitted for re-adjudication: HC GST - Cancellation of registration for non-filing of returns - Suspension/revocation of license would be counterproductive and works against the interest of revenue - Pragmatic view needs to be taken to permit petitioner to carry on his business: HC 86 flights of AI Express cancelled as crew goes on mass sick leave Tax Refund Conundrum - Odyssey of Legal Missteps I-T- AO not barred from issuing more than one SCN; Fresh SCN seeking information is not without jurisdiction, more so where HC itself directed re-doing of assessment: HC Murthy launches Capacity Building on Design and Entrepreneurship program Cash, liquor & drugs worth Rs 110 Cr seized from Jharkhand ahead of polls I-T- Appeal before CIT(A) (NFAC) is rightly dismissed where it has been delayed by over one year without just & reasonable cause: ITAT Poll-induced stress: 2 Bihar officials die of heart attack at polling booths Sixth Edition of Commandants' Conclave held in Pune Some Gujarat villages keep away from polls over unfulfilled demands from government I-T- Re-assessment unsustainable, where based on third party statements & not corroborated by incriminating evidence: ITAT Roof-hugging inflation nudges Argentina to print first lot of 10,000 notes of peso I-T- Re-assessment invalidated where triggerred by change of opinion, on account of being based on material already available during original assessment: ITAT Investigation finds presence of ‘boys club’ strands of culture at American bank regulator ST - Civil work for construction of tower in port area, is exempt from tax as per Notfn No 25/2007-ST; constructing draining pipes for municipal corporation is not commercial activity & so no Service Tax is payable thereon: CESTAT US alleges Russia shipping oil to North Korea more than UN-fixed quota Cus - That appellants were aware of dutiable nature of Gold found from baggage & of procedure for declaration at Customs, reveals intent to smuggle said Gold without payment of tax - conditions for valid import of Gold not satisfied either; absolute confiscation upheld: CESTAT US cancels licence to some firms found exporting materials to Huawei CX - Excise duty is determines based on how goods are cleared - What happens to goods post their removal, is not manufacturer's lookout, unless manufacturer is involved in fraud or wilful mis-declaration: CESTAT Renewables accounted for 30% of global power supply in 2023: Study CX - Manufacturer of Single Sugar Phosphate (SSP) meant for agricultural use, cannot be held liable for use of SSP for industrial purposes, by a tertiary purchaser of SSP: CESTAT CLAT 2024 exams to be held on Dec 1 ST - Since the demand itself is not sustainable, question of demanding interest and imposing penalty does not arise: CESTAT


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Mumbai, March 06, 2016 ST - Appellant providing services from both Delhi & Mumbai office and accounts are centralized at Mumbai - centralized registration also obtained - Delhi has rightly distributed CENVAT Credit to Mumbai office in terms of Rule 7 - Refund admissible: CESTAT

New Delhi, March 06, 2016 Govt releases new categorisation of industries; White category not to require environmental clearance: Environment Minister

New Delhi, March 05, 2016 Govt to set up expert panel to suggest strategy for consolidation of PSBs; India needs stronger banks rather than large number of banks: FM�

New Delhi, March 05, 2016 FM to announce tax treatment for recognized PF very soon; No MAT on new manufacturing units opting for 25% scheme

Mumbai, March 05, 2016 CX - Dismissal of Appeal for want of removal of office objection - Revenue themselves are to be blamed for this mess and they cannot request Court to accept any cause as sufficient and reasonable: High Court

New Delhi, March 04, 2016 Sales Tax - Whether once assessment gets time-barred, a major right accrues in favour of assessee and it cannot be extinguished - YES: SC Larger Bench

Mumbai, March 04, 2016 ST - In BPO companies, health and fitness of employees is very essential for providing better quality of output service - ST paid on Health Club and Fitness Center is an Input Service: CESTAT

Mumbai, March 04, 2016 CX - Notfn. 22/03 - non-receipt of warehousing certificate - since consignee has paid duty, department cannot recover duty twice for same consignment from consignor and moreover as per Rule 20(3) of CER it is responsibility of buyer to pay duty: CESTAT

Mumbai, March 04, 2016 ST - Orders of lower authorities would appear to be no whit more than printing on a piece of paper - perversion of legislative intent cannot pass unchallenged - Original authority to decide on refund claim - CBEC to take note of lack of responsibility evinced and infuse robustness in implementation of law: CESTAT

New Delhi, March 03, 2016 CENVAT Credit on Telecom Towers & Pre-fabricated shelters - CESTAT Larger Bench says NO

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TP - ALP adjustment porposed by Tribunal on basis of tolerance range of (+/-) of standard deduction, need not be interfered: HC

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I-T - Payment made to non-resident AE towards reimbursement of expenses cannot be considered as Fee for technical service in terms of Section 9(1)(vii): HC

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May 08, 2024

PMLA - Considering involvement of applicant in selling fake Remdesivir injection at higher price, applicant is not entitled for anticipatory bail : HC

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