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Exim Bank's Government of India supported Line of Credit (LoC) of USD 215.68 million to the Government of the Republic of Malawi
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DGFT inserts new Policy Condition is added in Chapter 85 and 94 of ITC (HS), 2017, Schedule-I (Import Policy) to enable random sampling of LED products and Control Gear for LED products
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Adjudicator notified for M/s Thiruvalluvaar Textiles case
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CBIC modifies Bill of Entry (Forms) Regulations 2020; notifies new Forms I, II & III
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CBIC reduces BCD on Lentils (Masoor) for period between Sept 17-Oct 31,2020
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CBIC notifies Customs exchange rates of various currencies
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ORDER, ORDER!!

New Delhi, Sep 21, 2020
TP - It is fit case for remand where MAP resolution is passed much after the assessment order being passed by the AO: ITAT

Chennai, Sep 21, 2020
I-T - Denial of deduction u/s 80IB in respect of a housing project, is sustainable, where it is based on the AO having considered the ....

Hyderabad, Sep 21, 2020
Cus - The maximum redemption fine imposable on confiscation is equal to the market value of the imported goods: CESTAT ....

Hyderabad, Sep 21, 2020
ST - Activity of providing high-yield seeds to farmers & guidance in multiplication of seeds, qualifies as agricultural extension - fees received against such activity ....

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GST LATEST

THE INSIGHT

Provisional release of seized goods - A comparison under CGST Act, 2017 & CA, 1962

By: Rajesh K. Arora, Former Superintendent GST, C.Ex. & Customs

1. Under GST Act, the procedure for seizure of goods has been enumerated under the provisions of Section 67 of the Act. Sub Section 2 of Section 67 stipulates that

(2) Where the proper officer, not below the rank of Joint Commissioner, either pursuant to an inspection carried out under sub-section (1) or otherwise, has reasons to believe that any goods liable ....

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GST NEWS

New Delhi, Jul 28, 2020
TOG News Service
GST - Centre disburses Rs 165302 Cr as Compensation Cess ....

New Delhi, Jul 02, 2020
TOG News Service
GST - Rs 90917 Cr collected in June ....

New Delhi, Jul 02, 2020
TOG News Service
GST Day 2020 - FM underscores salience of Ease of Doing Business ....

New Delhi, Jun 15, 2020
TOG News Service
Government rolls out facility of filing of NIL GST Return through SMS ....

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TIOL TUBE LATEST

   

NEWS PILLS

3,82,581 shell companies strick off: MoS
TOG NEWS SERVICE, NEW DELHI, SEPT 21, 2020: THE Government has undertaken a Special Drive for identification and strike off Shell ....
Govt initiated matrix of fiscal & monetary policies to deal with slowdown due to COVID-19

 

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EDITOR's KEYBOARD - FROM ARCHIVE

Central Law Agency in Supreme Court: 'The Enemy Within'!

By: Shailendra Kumar, Founder Editor (Nov 22, 2012)

HERE comes a lollipop question for TIOL Netizens - Who qualifies for the numero uno LITIGANT 'CROWN', if there is one, in India? With no prize for guessing - It is doubtless our Revenue. Now, the Question No 2 - Who is globally known for 'efficiently' ill-managing their billion-dollar cases? This time it is not Revenue alone. Rather Revenue is one of the ....

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