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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, September 03, 2014
CX - Committee of Commissioners - signature of Commissioner has been obtained merely by circulation of file without appreciating facts of the case - authorization improper - Revenue appeal dismissed: CESTAT
 
Mumbai, September 03, 2014
CX - Pan Masala Packing Machines Rules - Default in payment of duty - 7th proviso of Rule 9 is not attracted for want of conditions precedent, being mis-declaration in total number of machines found to be operational by Revenue - demand not sustainable: CESTAT by Majority
 
Bangalore, September 03, 2014
I-T - Whether when assessee, a manufacturer of beer, advances loan to sister concern for setting up new line of business, such assistance can be characterised as expenditure incurred exclusively for business - NO: HC
 
Mumbai, September 03, 2014
Cus - Recovery proceedings against assets of another unit of Group Company of importer is not permissible u/s 142 in absence of evidence that entire import was at instance of Group Companies - High Court allows Writ
 
Chennai, September 03, 2014
Construction of Residential Complex service - Construction undertaken after transfer of undivided share of land - Case of appellant is prima facie covered by Circulars of 2006 & 2007 - Tribunal was not justified in ordering pre deposit - Appeal restored to Tribunal: HC
 
Mumbai, September 02, 2014
ST - Cable Operator - Once subscriber base figures are taken from written contract, which is in pursuance to TRAI Act, 1997 and regulations made thereunder, same is beyond challenge - Demand upheld: CESTAT
 
Mumbai, September 02, 2014
Cus - Drawback claim - Under garb of clarifying Rules, CBEC cannot incorporate a restriction/limitation which does not find place in Drawback Rules - clause (d) of CBEC letter dated 30.12.2011 struck down: High Court
 
Mumbai, September 02, 2014
ST - Appellant providing Advertising services by placing ads on behalf of clients in various print & electronic media - On volume discounts, rate difference and amounts written back - demands under BAS cannot be sustained in law: CESTAT
 
New Delhi, September 02, 2014
I-T - Whether provisions of Sec 43A will apply even if FCNR loan is taken not for acquisition of capital assets but to repay debentures - NO: HC
 
Mumbai, September 02, 2014
CX - Clearance of Sugar under 'Levy Sale' which later was treated as 'Free Sale' by Directorate of Sugar - Govt paying differential amount of price but appellant not intimating department - extended period of limitation rightly invoked: CESTAT
 
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