![CENVAT credit of Service Tax paid for Insurance Service received from the DICGC can be availed by Banks for rendering Output Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/CENVAT-credit-Service-Tax-Insurance-Service-DICGC-Banks-rendering-Output-Services-CESTAT-Taxscan.jpg "CENVAT credit of Service Tax paid for Insurance Service received from the DICGC can be availed by Banks for rendering Output Services: CESTAT [Read Order]")
CENVAT credit of Service Tax paid for Insurance Service received from the DICGC can be availed by Banks for rendering Output Services: CESTAT [Read Order]
The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Bangalore Bench held that the CENVAT credit of service tax paid for insurance...
![Non-filing of intimation under Rule 6 of CCR is only procedural and assessee can’t be forced to pay 7% of the value of Exempted Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Non-filing-intimation-CCR-assessee-exempted-services-CESTAT.jpg "Non-filing of intimation under Rule 6 of CCR is only procedural and assessee can’t be forced to pay 7% of the value of Exempted Services: CESTAT [Read Order]")
![GST: Punjab and Haryana High Court grants Bail to person accused of fraudulently availing ITC without any Invoice or Bill [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/GST-Punjab-and-Haryana-High-Court-Bail-ITC-Invoice-Bill-Taxscan.jpeg "GST: Punjab and Haryana High Court grants Bail to person accused of fraudulently availing ITC without any Invoice or Bill [Read Order]")
![Central Govt. specifies the MIC Redwood 1 RSC Limited as Sovereign Wealth Fund for Abu Dhabi [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/11/Central-Government-MIC-Redwood-RSC-Limited-sovereign-wealth-fund-Abu-Dhabi-taxscan.jpeg "Central Govt. specifies the MIC Redwood 1 RSC Limited as Sovereign Wealth Fund for Abu Dhabi [Read Notification]")
![Deduction u/s 80IA(4) can be claimed on Container Freight Station as it constitutes ‘inland port’: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/11/Deduction-Container-Freight-Station-inland-port-Madras-High-Court-Taxscan.jpg "Deduction u/s 80IA(4) can be claimed on Container Freight Station as it constitutes ‘inland port’: Madras HC [Read Judgment]")
Violation of conditions for deduction in Rule 18DA(8A) can be looked into only by prescribed authority and not by AO: Karnataka HC [Read Judgment]
The Karnataka High Court held that the violation of conditions of deduction under Rule 18DA (8A) can be looked into only by prescribed authority and not by Assessing Officers. The assessee, M/s...
![Violation of conditions for deduction in Rule 18DA(8A) can be looked into only by prescribed authority and not by AO: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/11/Violation-of-conditions-deduction-Rule-18DA8A-prescribed-authority-AO-Karnataka-High-court-Taxscan.jpg "Violation of conditions for deduction in Rule 18DA(8A) can be looked into only by prescribed authority and not by AO: Karnataka HC [Read Judgment]")
Madras High Court quashes Interest levied u/s 50 of GST Act and directs Dept to refund Seized Amount [Read Judgment]
The Madras High Court while quashing levy of interest on Input Tax Credit (ITC), directed the authority to refund recoveries effected through the bank. The batch of writ petitions was filed which...
![Madras High Court quashes Interest levied u/s 50 of GST Act and directs Dept to refund Seized Amount [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/11/Madras-High-Court-Interest-levied-GST-Act-refund-Seized-Amount-Justice-Anita-Sumanth-Taxscan.jpeg "Madras High Court quashes Interest levied u/s 50 of GST Act and directs Dept to refund Seized Amount [Read Judgment]")
Amount received from distributors for sale of specialized software, maintenance and support services can’t be “royalty” under India-Finland Tax Treaty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the amount received from distributors for sale of specialized software, maintenance and support services can not be “royalty” under...
![Amount received from distributors for sale of specialized software, maintenance and support services can’t be “royalty” under India-Finland Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Amount-received-distributors-specialized-software-maintenance-support-services-royalty-India-Finland-Tax-Treaty-ITAT-Taxscan.jpg "Amount received from distributors for sale of specialized software, maintenance and support services can’t be “royalty” under India-Finland Tax Treaty: ITAT [Read Order]")
GST: Gujarat High Court set aside provisional attachment of 5 bank accounts of a person accused of tax evasion [Read Order]
The Gujarat High Court quashed the order for provisional attachment of the five bank accounts of a person accused of tax evasion under Section 74(1) of the CGST Act. The respondent authority...
![GST: Gujarat High Court set aside provisional attachment of 5 bank accounts of a person accused of tax evasion [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/GST-Evasion-GST-Gujarat-High-Court-provisional-attachment-bank-accounts-person-accused-tax-evasion-Taxscan.jpg "GST: Gujarat High Court set aside provisional attachment of 5 bank accounts of a person accused of tax evasion [Read Order]")
Central Govt releases Rs 6,000 cr as second tranche to 16 states and 3 UTs on account of GST Compensation under Special Borrowing Window
The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of Rs 6000 crore as second...
