DGFT enables Online Filing of requests for Closure of Advance Authorizations
The Director-General of Foreign Trade (DGFT) has enabled the Online Filing of requests for Closure of Advance Authorizations. The DGFT has...
![CBIC extends BCD and IGST exemption benefit for EOU’s [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/CBIC-BCD-and-IGST-exemption-benefit-EOUs-Taxscan.jpg "CBIC extends BCD and IGST exemption benefit for EOU’s [Read Notification]")
![CBIC notifies Waiver of Penalty for non-compliance of capturing dynamic QR Code in GST Invoice [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/CBIC-Dynamic-QR-Code-B2C-Invoices-GST-Invoice-Penalty-Waiver-Taxscan.jpg "CBIC notifies Waiver of Penalty for non-compliance of capturing dynamic QR Code in GST Invoice [Read Notification]")
![GST: Rajasthan Govt. notifies E-Way Bill limit to be Rs.1 Lakh w.e.f. 1 April 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/Rajasthan-Govt.-GST-E-Way-Bill-Taxscan.jpg "GST: Rajasthan Govt. notifies E-Way Bill limit to be Rs.1 Lakh w.e.f. 1 April 2021 [Read Notification]")
![GST Evasion: Patiala House Court grants bail to the person accused of passing fake ITC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/GST-Evasion-Patiala-House-Court-bail-fake-ITC-Taxscan.jpeg "GST Evasion: Patiala House Court grants bail to the person accused of passing fake ITC [Read Order]")
Setback to Inox India: CESTAT refuses Cenvat Credit of Service Tax paid on Outward Transportation Service for clearance of Excisable Goods [Read Order]
The Customs, Excise, Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench refused to grant Cenvat credit of Service Tax paid on Outward Transportation Service for clearance of Excisable Goods to...
![Setback to Inox India: CESTAT refuses Cenvat Credit of Service Tax paid on Outward Transportation Service for clearance of Excisable Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Inox-India-Service-Tax-CESTAT-Outward-Transportation-Excisable-Goods-Outward-Transportation-Service-Taxscan.jpg "Setback to Inox India: CESTAT refuses Cenvat Credit of Service Tax paid on Outward Transportation Service for clearance of Excisable Goods [Read Order]")
Amount Received during Trading Transaction and Remaining Unclaimed to be Treated as Income of Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal( ITAT ) held that any amount received during the trading transaction, remaining with the assessee for a long time unclaimed, changes character and shall be treated...
![Amount Received during Trading Transaction and Remaining Unclaimed to be Treated as Income of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Trading-Transaction-Income-of-Assessee-ITAT-Taxscan-opengraph.jpg "Amount Received during Trading Transaction and Remaining Unclaimed to be Treated as Income of Assessee: ITAT [Read Order]")
CBIC notifies Common Customs Electronic Portal for facilitating various GST services [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified the Common Customs Electronic Portal for facilitating various GST services. The Board notifies the common portal accessible through...
![CBIC notifies Common Customs Electronic Portal for facilitating various GST services [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/CBIC-Common-Customs-Electronic-Portal-GST-services-Taxscan.jpg "CBIC notifies Common Customs Electronic Portal for facilitating various GST services [Read Notification]")
Lottery includes Gambling as an Element of Chance which requires no skill can’t attain the Status of Trade: Gauhati High Court
The Gauhati High Court held that the lottery includes gambling as an element of chance that requires no skill and it would not attain the status of the trade. The petitioner, Big Star G Services...
