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Monday , February 8, 2016 | Updated : Feb 8, 14:38 IST
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NEWS FLASH
 
President to address two-day Meet of Governors starting tomorrow Coast Guard proposes to induct more than 22 planes and helicopters in its fleet in next few years Tax benefits for leather & jewellery industry likely in Budget Cus - No admission that goods imported were invoiced on lower side - no evidence recording any extra payment to supplier - no investigations made at suppliers' end, therefore, no cause for enhancement of AV: CESTAT by Majority (See 'Breaking News') Reduction of Government litigation supply copy of withdrawal application to Chief Commissioner (AR) (See 'DDT' Column) I-T - Whether where as a finding of fact it was established that assessee has shown bogus liability in books & had issued bearer cheques as 'self cheques' so that sum could be withdrawn by self, then no perversity in such findings can be alleged - YES: HC (See 'Breaking News') Are original documents required to be filed for claiming refund? (See 'ST se GST tak') CX - Appellant clearing vacuum impregnation plant on payment of duty and later, on request of customer, undertaking erection and commissioning of such plant and collecting charges separately - no cause for adding these charges in AV u/s 4: CESTAT (See 'Breaking News') Pre-Budget Proposal - Cement Industry cries for attention (See 'Budget Run-up') Whether sealing of premises of assessee only on account of its failure to produce records as demanded by notice issued u/s 59 of DVAT Act, is in accordance with requirements of Sec 60 of DVAT Act - NO: HC (See '2016-TIOL-222') Developing Country - List of countries revised (See 'DDT') I-T- Whether deduction on cess paid on green tea leaves has to be allowed on 100% of composite income under Income-tax Act, and not on 60% of agricultural income - YES: HC (See '2016-TIOL-221') Anubhav, nothing as of now (See 'DDT') CBI nabs Sirsa-based DCIT on alleged charge of demanding bribe Pre-Budget Meet: State Finance Ministers ask for release of CST compensation & incentive for dairy development (See 'Breaking News') Commerce Ministry calls for tax incentives for leather and gems & jewellery sectors in Finance Bill 2016 Tremors rock Taiwan; 20 feared dead No allegation of fraud, suppression if unit is audited every year (See 'BUDGET RUN-UP') Woes of electronics/semi-conductors industry (See 'BUDGET RUN-UP') Minimum Import Price on iron & steel introduced to protect domestic industry (See 'DGFT Notification 38' in 'What's New') Vehicles for providing ATM replenishment services should be Cenvatable (See 'Budget Run-up') Political finance needs tighter regulation and enforcement, says OECD (See 'Breaking News') Goods imported into India for display or use at an event subject to re-export - scope enlarged, conditions relaxed - Notfn. 3/89-Cus superseded (See 'Notification 8' in 'What's New')
 

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Topics Posted by
Shri Harish Salve
Pre-Deposit
Export incentives by commerce ministry and CBEC Unnikrishnan V
Cenvat Credit on VCES - Different view Manoj Agarwal
Get hot inside restaurants, thanks to ST Sunil Kumar Kejriwal
in respect of services provided or agreed to be provided by way of supply of manpower for any purpose mahesh bhandari
Service Tax on Construction Services Hrushikesh Kulkarni

 
 
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