News Update

New Reward Scheme calls for grant of reward not in routine mannerGST - Revision of TRAN-1 last chance to correct wrong claim for transitional credit: GovtCX - Since principal manufacturer did not pay duty and did not follow procedure and conditions of notification 214/86-CE, job worker as manufacturer is liable to duty on job worked goods: LB CESTATSC asks Centre to explore connecting live videos of court proceedings with Judicial Data GridDoPT trying hard to clear backlog of promotions: Dr Jitendra SinghNovember records 10 lakh foreign tourist arrivals with over 14% growthBoard clarifies that since CVD leviable u/s 9 of the CTA is not taken into consideration while fixing AIR of Duty drawback, the drawback of such duty can be claimed under an application for Brand Rate under Drawback RulesCRS Disclosure - OECD seeks inputs on Model Disclosure RulesIT Sector urges FM to lower GST on telecom services to 12%NIC CERT launched to predict cyber attacksConnectivity with ASEAN is India's priority: GovtTreading GST Path - XXXIX - Tribunal at crossroadsST - Denial of CENVAT credit on ground of failure to deposit tax by service provider is not correct in equity when there is no express condition to that effect in CCR, 2004: CESTATI-T - Reopening of concluded assessment by invoking provision of section 147 will not fall under ambit of change of opinion where AO formed an opinion contrary to binding decision of Apex Court: ITATCus - A court is expected to make an overall assessment of fact situation and test same on touchstone of law to reach to its conclusion: CESTATVice President calls for ranking of legislatures & notifying disruptors on daily basisOnline exam portal of IAF launchedPre-Budget Meet - Economists ask FM to lower MAT & spell out roadmap for tax reformsNadda launches Operational Guidelines for HDUs & ICUsRahul Gandhi formally elected unopposed Congress President; PM congratulates him on his elevationCBDT Task Force for reviewing Income Tax Law to hold its first meeting on Dec 14, 2017Real Estate- ITC a double edged sword under GSTST - Service of taking repossession of vehicle from borrower is a part of 'security' service which is specifically included in definition of input service: CESTAT

MESSAGE BOARD

   

CBEC Circular 46/2017-Cus - certainly not innocuous!


CBEC Circular 46 of 2017cus certainly not innocuous

The humble view of the Author is that the issue is not so much about the applicability of IGST as it is of the time,manner and value to be determined for such levy and collection of IGST. It is also about the interdependence of the IGST Act on the Customs Legislations for its operation for levy and collection,not to speak of the possible revenue neutrality that incidentally pre exist by accident through availability of ITC.The whole body of jurisprudence around the subject should be desirably built by a definite design rather than by an accident, with a view to be free from any ambiguity and dispute is my only concern in expressing the above views pl.
Author

Sonal Arora 01/12/2017

 

Back
Shemaleup.net x-comics.org vr-porn360.net