![Mere Purity Being Equivalent to Purity of Foreign Gold is Wrongly Held to be Criteria to Hold Melted Gold as Gold of Foreign Origin: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mere-Equivalent-Purity-Foreign-Gold-Criteria-Hold-Melted-Gold-Gold-Foreign-Origin-CESTAT-TAXSCAN.jpg "Mere Purity Being Equivalent to Purity of Foreign Gold is Wrongly Held to be Criteria to Hold Melted Gold as Gold of Foreign Origin: CESTAT [Read Order]")
Mere Purity Being Equivalent to Purity of Foreign Gold is Wrongly Held to be Criteria to Hold Melted Gold as Gold of Foreign Origin: CESTAT [Read Order]
The New Delhi bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that mere purity being equivalent to the purity of...
![Central Govt notifies New GST Rule 138F for Mandatory E-Way Bill for Intra-State Movement of Gold and Precious Stones above 2 Lakhs worth [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/08/Central-Govt-notifies-New-GST-Rule-138F-Central-Government-New-GST-Rule-Mandatory-E-Way-Bill-E-Way-Bill-intra-State-movement-Gold-and-Precious-Stones-taxscan.jpg "Central Govt notifies New GST Rule 138F for Mandatory E-Way Bill for Intra-State Movement of Gold and Precious Stones above 2 Lakhs worth [Read Notification]")
![Income Tax Dept cannot withhold Gold on ground of Pending Addition Against Sending Party: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Income-Tax-Dept-Gold-on-ground-of-Pending-Addition-Against-Sending-Party-Gujarat-HC-TAXSCAN.jpg "Income Tax Dept cannot withhold Gold on ground of Pending Addition Against Sending Party: Gujarat HC [Read Order]")
Tax Reduction Benefit under Rule 32 (5) of CGST, Rules not applicable When Fails to Prove Gold as Second-Hand Good: AAR [Read Order]
The Kerala Authority for Advance Ruling (KAAR) has held that tax reduction benefits under rule 32 (5) of Central Goods and Service Tax (CGST) Rules are not applicable when fails to prove gold as...
![Tax Reduction Benefit under Rule 32 (5) of CGST, Rules not applicable When Fails to Prove Gold as Second-Hand Good: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Tax-Reduction-Benefit-Tax-CGST-Gold-Second-Hand-Good-AAR-CGST-Rules-taxscan.jpg "Tax Reduction Benefit under Rule 32 (5) of CGST, Rules not applicable When Fails to Prove Gold as Second-Hand Good: AAR [Read Order]")
Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the penalty for imposing under section 112(b) of the Customs Act, 1962 for confiscation of seized gold...
![Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Penalty-Imposed-Customs-Act-Penalty-Customs-Confiscation-of-Seized-Gold-Bars-Seized-Gold-Bars-Gold-Bars-Presumption-of-Smuggling-Smuggling-CESTAT-quashes-Penalty-CESTAT-taxscan.jpg "Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order]")
DRI seizes 48.20 kg Gold Paste worth 25.26 crore under Operation Goldmine at Surat International Airport
As part of Operation Goldmine, the Directorate of Revenue Intelligence (DRI) confiscated 48.20 kg of Gold Paste at Surat International Airport. This seizure represented one of the largest amounts of...
CBIC notifies amended Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver. The CBIC, Department of Revenue, and Ministry of...
![CBIC notifies amended Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/03/CBIC-CBIC-notifies-Tariff-Value-Edible-Oils-Brass-Scrap-Areca-Nut-Gold-Silver-Customs-Taxscan.jpg "CBIC notifies amended Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver [Read Notification]")
Search,seizure and seizing of cash, and jewellery by ED without reason are contrary to the Section 17 of PMLA: Telangana HC [Read Order]
The Telangana High Court (HC) the search, seizure and seizing of cash, and jewellery by the Enforcement Department without reason are contrary to Section 17 of the Prevention of Money Laundering Act...
Possession of Ornaments, not an Offence: CESTAT allows to Release of Gold Balas from Custody [Read Order]
The Kolkata Customs, Excise and Service Tax Appellate Tribunal ( CESTAT )held that the possession of ornaments is not an offence and allowed to release of Gold Balas from custody. The Appellant...
![Possession of Ornaments, not an Offence: CESTAT allows to Release of Gold Balas from Custody [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Possession-of-Ornaments-Ornaments-Offence-CESTAT-Gold-Balas-Gold-taxscan.jpg "Possession of Ornaments, not an Offence: CESTAT allows to Release of Gold Balas from Custody [Read Order]")
Investment Scam: ED arrested the three Directors of Bluemax Capital Solutions Pvt. Ltd. & Associate under PMLA, Special Court grants Custody for 12 Days
The Directorate of Enforcement (ED) has arrested 4 persons R. Aravinth, S. Gopalakrishnan, S. Bharathraj, (the three Directors of M/s. Bluemax Capital Solutions Pvt. Ltd.) and their associate J....
