Indirect Tax Internship Scheme for Law Students and LLB Graduates at CBIC: Know All Details Here
The Directorate of Legal Affairs, Central board of Indirect Taxes and Customs (CBIC) has invited applications for internship for the F.Y 2023-24. The Directorate of Legal Affairs, Central Board of Indirect Taxes and Customs is
CESTAT Annual Case Digest [Part – 29]
This yearly digest analyzes all the CESTAT stories published in the year 2023 at taxscan.in Service Tax Leviable on Legal and Professional Charges under BAS: CESTAT M/s Infinity Credit Consultants vs Commissioner of Service Tax
Delhi Sessions Court slams DRI for Arrest during Late Hours, grants Bail to two accused of Customs Fraud
The New Delhi Additional Sessions Court recently issued strict warnings to the Directorate of Revenue Intelligence for arrests of two accused conducted late into night, while considering their plea for bail and granting the same.
CBIC notifies instructions wrt. SVLDRS as per CAG Recommendations in Performance Audit Report [Read Instruction]
The Central Board of Indirect Taxes and Customs has notified the instructions for proper implementation of Sabka Vishwas (Legacy Dispute Resolution) Scheme [SVLDRS], 2019 as per the recommendation of the Comptroller and Auditor General (CAG)
Budget 2019: Key Tax Proposals
In a 2:10 hour budget speech, the Union Finance Minister Nirmala Seetharaman has made some significant proposals for tax matters. Some of the key proposals are the below. Tax rate reduced to 25% for companies
Two major challenges before Customs Administration include Trade Facilitation and Sharp Detection & Enforcement to Avoid any Tax Evasion: Arun Jaitley
Dynamic nature of the Indian economy and availability of technology tools has impacted the functioning of all the Departments including the nature of Tax Administration, says Jaitley The Union Minister of Finance and Corporate Affairs,
High Courts Weekly Round-Up
This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during the previous week from June 26 to July 3, 2022. The Commissioner of Income Tax
Provisional Attachment u/s 83 of CGST Act cannot be Done after Expiry of One Year from Date of Original Attachment: Bombay HC [Read Order]
In a recent case, the Bombay High Court held that the provisional attachment of a Bank Account under section 83 of the Central Goods and Service Tax Act, 2017 cannot be done after the expiry
Madhya Pradesh HC refuses to grant bail to persons allegedly involved in Customs Duty evasion by undervaluing invoices [Read Order]
The Madhya Pradesh High Court refused to grant bail to persons allegedly involved in Customs Duty evasion by undervaluing invoices. The applicants, Hitesh Nagwani and Sanjay are running the business of import through their proprietary
Goods Imported as Gifts can be allowed Import Free on payment of Full Applicable Fees: DGFT [Read Circular]
The Directorate General of Foreign Trade (DGFT) clarified that the goods imported as gifts can be allowed import free (i.e. without prohibition) on payment of full applicable duties. Since the goods imported as gifts would
CESTAT Annual Case Digest [Part – 26]
This yearly digest analyzes all the CESTAT stories published in the year 2023 at taxscan.in No Bar of Unjust Enrichment Applicable When Payment made by  Appellant: CESTAT allows Refund of Service Tax M/s Pecon Computech
Revocation of Customs Broker Licence for more than 4 Years due to Facilitating Fraudulent Import and Export: CESTAT sets aside Revocation of License [Read Order]
The Chennai bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) set aside the revocation of the Customs Broker licence for more than 4 years due to facilitating fraudulent import and export.
Suo motu Recovery of Credit by Assessee during Litigation: CESTAT Quashes SCN and Remands Matter [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has recently, in an appeal filed before it, with regard to the suo motu recovery of credit by the assessee during litigation, quashed the
Relief to SAIL: Orissa HC Quashes Sales Tax Proceedings as Dept could not Prove Inter-State Sales even after 35 Years [Read Order]
As a relief to Steel Authority of India Limited ( SAIL ), the Orissa High Court (HC) quashed the sales tax proceedings as the department could not prove inter-state sales even after 35 Years. The
Turkey introduces 7.5% Digital Service Tax as a Part of ‘Expenditure Taxes Law’
The Turkey Government has enacted it's Digital Service Tax (DST) of 7.5% on gross revenue from the sales. The new DTS system was introduced as a part of the “Expenditure Taxes Law” under the Turkish