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No condonation of delay if no steps by appellant to effectively pursue the appeal

March 14, 2023 1488 Views 0 comment Print

ITAT denies condonation of delay & held that Preferring appeal does not mean mere formally filing it but also taking all steps to effectively pursue the appeal

No Service Tax on Construction Services to Gujarat State Police Housing Corporation

March 14, 2023 1743 Views 0 comment Print

Residential complex Construction service to Gujarat State Police Housing Corporation Limited for police staff is not liable to service tax

IP not empowered to withhold relevant information, in case of investigation

March 14, 2023 1332 Views 0 comment Print

DC is of the view that two serious contraventions have established beyond doubt. Firstly his non-cooperation to inspecting and investigating authority is in grave violation of Regulation 4(4), Regulation 4(7), Regulation 8 (4) and Regulation 8(8)of the Inspection and Investigation Regulations; Clause 18 and Clause 19 of the Code of Conduct. Furthermore, authority of the […]

CBDT’s selects 68,000 cases from FY 2019-20 for e-Verification

March 13, 2023 6492 Views 1 comment Print

On a pilot basis, in about 68,000 cases, information of financial transactions pertaining to FY 2019-20 has been taken up for e-Verification. Details of the transactions have been initially shared with the individual taxpayer through e-campaign. So far, e-Verification has been completed by the designated Directorate in approximately 35,000 cases and remaining are under verification.

CBIC releases technology related descriptions of Telecom equipment

March 13, 2023 4650 Views 0 comment Print

CBIC was apprised that some of technology related description of Telecom equipments, need to be better understood by all stakeholders for a more effective identification of products and equipment covered therein.

Wrongful MEIS scrip availment – CBIC to take action after DGFT decision

March 13, 2023 2571 Views 0 comment Print

MEIS scrip was wrongfully availed/obtained and is liable for cancellation by license issuing authority, for which DGFT office has also issued show cause notice dated 14.10.2020 under FT(DR) Act.

Bulk liquid Cargo duty payable on quantity received in shore tank

March 12, 2023 1194 Views 0 comment Print

For assessment of Bulk liquid Cargo duty is payable on quantity received in shore tank & not on quantity mentioned in Bill of Leading/invoice

In absence of discrepancy in Stock of Raw Material allegation of Irregular CENVAT Credit is invalid

March 11, 2023 609 Views 0 comment Print

During investigation there is no discrepancy pointed out regarding the stock of raw material maintained by the appellant and the return submitted for the relevant period shows proper transaction of said material as claimed by the appellant. After considering the above facts and circumstances, I find no reason to allege that the appellant had availed ineligible CENVAT credit.

Gross Direct Tax collections for FY 2022-23; 22.58% higher Y-o-Y till 10.03.2023

March 11, 2023 1635 Views 0 comment Print

Direct Tax collections up to 10th March, 2023 show that gross collections are at Rs. 16.68 lakh crore which is 22.58% higher than the gross collections for the corresponding period of last year.

HC denies anticipatory bail in alleged transfer of Income tax assessment under a criminal conspiracy

March 11, 2023 1041 Views 0 comment Print

Akash Agarwal Vs Union of India through CBI (Jharkhand High Court) Apprehending his arrest, petitioner- Akash Agarwal @ Akash Aggarwal has moved this Court for grant of privilege of anticipatory bail in connection with RC AC1 2018A 0006 [corresponding to R.C.06(A)/2018-D] registered under Section 120-B of the Indian Penal Code read with Sections 7,8, 12 […]

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