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3 Indian women from Gujarat died in mega SUV accident in US JNU switches to NET in place of entrance test for PhD admissions GST - fake invoice - Patanjali served Rs 27 Cr demand notice I-T - Bonafide claim of deduction by assessee which was accepted in first round of proceedings does not tantamount to furnishing of inaccurate particulars, simply because it was disallowed later: ITAT India-bound oil tanker struck by Houthi’s missiles in Red Sea SCO Defence Ministers' Meeting endorses 'One Earth, One Family, One Future'RBI issues draft rules on digital lending I-T - In order to invoke revisionary jurisdiction u/s 263, twin conditions of error in order and also prejudice to interest of Revenue must be established independently: ITAT CRPF senior official served notice of dismissal on charges of sexual harassment Indian Air Force ushers in Digital Transformation with DigiLocker Integration Columbia faculty blames leadership for police action against protesters CX - When process undertaken by assessee does not amount to manufacture, even then CENVAT credit is admissible if such inputs are cleared on payment of duty which would amount to reversal of credit availed: CESTAT Google to inject USD 3 bn investment in data centre in Indiana Cus - The equipments are teaching accessories which enable students in a class to respond to queries and these equipments are used along with ADP machine, same merits classification under CTH 8471 60 29: CESTAT UN says clearing Gaza mounds of rubble to take 14 yrs ST - When issue is of interpretation, appellant should not be fastened with demand for extended period, the demand confirmed for extended period is set aside: CESTAT Blinken says China trying to interfere US Presidential polls World Energy Congress 2024: IREDA CMD highlights need for Innovative Financing Solutions


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Mumbai, November 13, 2013 CBEC informs appellant that they are not liable to tax - Board then reverses its decision - Demands raised - since CBEC had conveyed in Feb 2009 that appellant is not liable to ST, prima facie, applicant has strong case in favour: CESTAT

Ahmedabad, November 13, 2013 Cus - Advance Licence - Whether goods imported are Alloy Steel or Non-alloy - there is no definition of non-alloy in tariff - alloy or non-alloy steel, after using same, final products were exported and EO is 100% completed; there is no allegation of diversion of goods - Stay granted: CESTAT

Bangalore, November 12, 2013 I-T - Whether when assessee gives prizes, wholly in kind, as part of its sales promotion scheme, any TDS obligation arises u/s 194B - NO: HC

Bangalore, November 12, 2013 ST - Import of service - Reverse Charge - Bar of utilising CENVAT does not apply to credit on Capital Goods - Pre-deposit waived: CESTAT

Mumbai, November 12, 2013 CENVAT - MD being paid royalty for developing formulae for manufacture of fragrances - Audit directs MD to pay ST for IPR services - MD does so - when payment of ST has been accepted, Revenue cannot now take a stand that no Input services were received: CESTAT

Ahmedabad, November 11, 2013 I-T - Whether proviso to Sec 2(15) will hit assessee-trust for mere selling of some products for profit and assessee cannot avail exemption u/s 11 - NO: ITAT

Mumbai, November 11, 2013 ST - Appellant misdeclared value of services and consideration received - therefore, issue involved is short levy - confirmation of demand is correct - Sec 78 provides for penalty on 'person liable to pay tax' and since person liable to pay tax is appellant firm, levy of penalty on MD is not sustainable: CESTAT

Chennai, November 11, 2013 Inputs supplied to SEZ Units without payment of duty - No provision under CENVAT Rules to export inputs without payment of duty after taking credit - Demand of duty confirmed: CESTAT

Mumbai, November 10, 2013 CX - Refund of unutilized CENVAT credit upon closure of factory, whether Rule 5 of CCR, 2004 covers such cases - since refund has not been sanctioned as yet, considered view of the Bench is that status quo should be maintained till final disposal of appeal - Stay granted: CESTAT

New Delhi, November 09, 2013 CX - Manufacture of e-bikes on job-work basis - in another case Revenue denied credit lying in account when e-bikes were exempted - in that case Tribunal ordered pre-deposit and same was paid - since credit so denied is out of credit sought to be denied in present case, pre-deposit made is sufficient: CESTAT

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