COVID-19: No Sitting of CESTAT including Regional Benches till 31st July 2020
The Customs Excise and Service Tax Appellate Tribunal (CESTAT)Â had issued an office order due to the restrictions and limitations caused by the...
![Benefit of Section 35D once granted in initial year cannot be denied in Subsequent Years, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Section-35D-ITAT-Taxscan.jpg "Benefit of Section 35D once granted in initial year cannot be denied in Subsequent Years, rules ITAT [Read Order]")
![Banking Company engaged in Supplying Services can avail an amount equal to 50% of eligible ITC: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/AAR-supplying-services-Bank-Taxscan-1.jpg "Banking Company engaged in Supplying Services can avail an amount equal to 50% of eligible ITC: AAR [Read Order]")
![DGFT amends MEIS Schedule for Exports made with effect from Jan 1, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/DGFT-MEIS-Exports-Taxscan.jpg "DGFT amends MEIS Schedule for Exports made with effect from Jan 1, 2020 [Read Notification]")
Import of Blended edible Vegetable Oils without prior AGMARK Certification not allowed: CBIC [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC), on Friday, instructed that the import of blended edible vegetable oils without prior AGMARK certification is not allowed in India. The...
![Import of Blended edible Vegetable Oils without prior AGMARK Certification not allowed: CBIC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/07/AGMARK.jpeg "Import of Blended edible Vegetable Oils without prior AGMARK Certification not allowed: CBIC [Read Circular]")
DGAP incorrectly computed Profiteered Amount by Comparing Average to Average Base Price: NAA directs to Revise Mathematical Methodology
The National Anti-Profiteering (NAA) directed the Director-General of Anti-Profiteering(DGAP) to revise the mathematical method for computing the profiteered amount by the respondent. The Applicant,...
Gaursons Realtech liable for Profiteering of 19.72 Cr: NAA directs DGAP to ensure Profiteered Amount is passed to all Buyers
The National Anti-Profiteering Authority (NAA) held that the Gaursons Realtech is liable for profiteering of 19.72 Crores and directed the DGAP to ensure that the profiteered amount is passed on to...
Assessee allegedly betrayed by the Counsel: ITAT grants fresh opportunity to Assessee to produce Evidence [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT), has recently allowed an illiterate assessee a fresh opportunity to produce the documents before the assessing officer since he was not...
![Assessee allegedly betrayed by the Counsel: ITAT grants fresh opportunity to Assessee to produce Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Assessee-ITAT-Taxscan.jpg "Assessee allegedly betrayed by the Counsel: ITAT grants fresh opportunity to Assessee to produce Evidence [Read Order]")