Difference in GST Input Tax Credit available in GSTR-2B & ITC claimed in the GSTR-3B: GSTN releases Advisory in respect of introduction of Compliance Pertaining to DRC-01C
The Goods and Services Tax Network (GSTN) has issued an Advisory in respect of the introduction of Compliance Pertaining to DRC-01C (Difference in...
![Contract Executed for WBSRDA did not provide for GST Payment: Calcutta HC orders to file Statutory Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Contract-Executed-for-WBSRDA-provide-for-GST-Payment-Calcutta-HC-orders-to-file-Statutory-Appeal-TAXSCAN.jpg "Contract Executed for WBSRDA did not provide for GST Payment: Calcutta HC orders to file Statutory Appeal [Read Order]")
![CBIC issues Circular on Implementation of Section 16(4) of IGST Act related to Restriction on Export of certain goods on Payment of IGST and Coverage under Refund Mechanism [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/CBIC-issues-Circular-Implementation-IGST-Act-related-Restriction-on-Export-goods-on-Payment-of-IGST-Coverage-Refund-Mechanism-TAXSCAN.jpg "CBIC issues Circular on Implementation of Section 16(4) of IGST Act related to Restriction on Export of certain goods on Payment of IGST and Coverage under Refund Mechanism [Read Order]")
![Financial Hardship not Reason to Avoid Payment of Service Tax: CESTAT upholds Service Tax Demand under BAS [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Financial-Hardship-not-Reason-to-Avoid-Payment-of-Service-Tax-CESTAT-upholds-Service-Tax-Demand-under-BAS-TAXSCAN.jpg "Financial Hardship not Reason to Avoid Payment of Service Tax: CESTAT upholds Service Tax Demand under BAS [Read Order]")
ITAT deletes TP Adjustment by TPO towards Payment of Royalty on Technology paid to Cadbury Adams USA LLC, and Cadbury Enterprises Pte Ltd [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the Transfer Pricing (TP) adjustment by the Transfer Pricing Officer (TPO) towards the payment of royalty on technology paid to...
![ITAT deletes TP Adjustment by TPO towards Payment of Royalty on Technology paid to Cadbury Adams USA LLC, and Cadbury Enterprises Pte Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITAT-TP-Adjustment-by-TPO-towards-Payment-Royalty-on-Technology-paid-to-Cadbury-Adams-USA-LLC-Cadbury-Enterprises-Pte-Ltd.jpg "ITAT deletes TP Adjustment by TPO towards Payment of Royalty on Technology paid to Cadbury Adams USA LLC, and Cadbury Enterprises Pte Ltd [Read Order]")
Payment of Mandatory Pre- Deposit: SC directs to make Payment before Appellate Authority within 2 Weeks [Read Judgement]
The Supreme Court of India directed the petitioner, M/s Classic Decorators, to make payment before the Appellate Authority within two weeks in the matter of payment of mandatory pre-deposit. The...
Income Tax Addition u/s 69B of Income Tax Act made on basis of Cogent Documentation: ITAT Dismisses Income Tax Appeal [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that since the document on the basis of which addition of Rs.2 crores is sought to be made is not a cogent document, the Tribunal upheld...
![Income Tax Addition u/s 69B of Income Tax Act made on basis of Cogent Documentation: ITAT Dismisses Income Tax Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-Tax-Income-Act-Cogent-Documentation-ITAT-Income-Tax-Appeal-TAXSCAN.jpg "Income Tax Addition u/s 69B of Income Tax Act made on basis of Cogent Documentation: ITAT Dismisses Income Tax Appeal [Read Order]")
Mere Non-disclosure of Receipts in Service Tax Return does not mean Intent to Evade Payment of Service Tax: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), observed that mere non-disclosure of receipts in service tax return does not mean intent to evade payment of...
![Mere Non-disclosure of Receipts in Service Tax Return does not mean Intent to Evade Payment of Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Mere-Non-disclosure-of-Receipts-Receipts-Service-Tax-Mere-Non-disclosure-of-Receipts-in-Service-Tax-Return-CESTAT-taxscan.jpg "Mere Non-disclosure of Receipts in Service Tax Return does not mean Intent to Evade Payment of Service Tax: CESTAT [Read Order]")
DGFT Releases Clarification Regarding Implementation of Pre-import Condition Under Advance Authorisation Scheme [Read Notice]
The Directorate General of Foreign Trade (DGFT) vide Trade Notice no. 27/2023 issued on 26th September 2023 has released the clarification regarding the implementation of pre-import conditions under...
Supreme Court issues Notice seeking clarification on availability of Central Excise Duty Exemption to Importers wrt CVD/ACD
The Supreme Court, in consideration of a batch of appeals under Section 130E of the Customs Act, issued notice to the respondents-Commissioners of Customs, seeking clarification with regard to the...
Penalty u/s 271(1)(c) of Income Tax Act Cannot be Imposed on Payment made under Cost Sharing Arrangements on Basis of Non-existing and Deleted Disallowance: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that disallowance/addition on account of payment made under cost sharing arrangements has been deleted by the Tribunal in previous...
![Penalty u/s 271(1)(c) of Income Tax Act Cannot be Imposed on Payment made under Cost Sharing Arrangements on Basis of Non-existing and Deleted Disallowance: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Penalty-Income-Tax-Act-Income-Tax-Act-Cannot-be-Imposed-on-Payment-made-under-Cost-Sharing-Arrangements-Payment-ITAT-taxscan.jpg "Penalty u/s 271(1)(c) of Income Tax Act Cannot be Imposed on Payment made under Cost Sharing Arrangements on Basis of Non-existing and Deleted Disallowance: ITAT [Read Order]")