Here’s the Tax Law Daily Bulletin for August 15, 2026.
GST
- STRICT LIMITS ON GST CONFISCATION OF GOODS IN TRANSIT: SUPREME COURT REFUSES TO INTERFERE IN GUJARAT HC’S RULING
- GST DEPT. CAN’T STRAIGHTAWAY ISSUE DRC-01 WITHOUT FIRST SCRUTINISING BANK’S SELF-ASSESSMENT RETURNS: MADRAS HC
- OVERLAP BETWEEN SCGST AND CGST PROCEEDINGS MUST BE EXAMINED IN APPEAL: DELHI HIGH COURT DECLINES TO QUASH RS. 4.80 CRORE GST DEMAND
- 18% GST PAYABLE ON ENTIRE HOTEL BOOKING CONSIDERATION: AAR
- GST EVASION: KERALA SIT CAN NOW SUMMON ACCOUNTS, BANK STATEMENTS AND VERIFY E-WAY BILLS
- DGGI JAIPUR | TRANSPORTER’S SPECIFIC GST LIABILITY NOT QUANTIFIED: RAJASTHAN HC GRANTS BAIL IN ALLEGED GST EVASION CASE
- GST REFUND CAN’T BE WITHHELD DURING TRIBUNAL APPEAL WITHOUT SPECIFIC S. 54(11) ORDER: PATNA HIGH COURT
Service Tax
- SERVICE TAX PAID ON FLOATING RIGS UNDER WRONG CLASSIFICATION REFUNDABLE: MADRAS HIGH COURT SAYS LIMITATION CAN’T DEFEAT ARTICLE 265
- CESTAT QUASHES SERVICE TAX DEMANDS ON RESIDENTIAL CONSTRUCTION
- MUNICIPAL BODY’S COMMERCIAL RENTING AND HOARDING-SPACE ACTIVITIES TAXABLE: CESTAT
- CONSULTANCY SERVICES TO US CLIENT NOT INTERMEDIARY SERVICES: CESTAT
- SEPARATE ERECTION CONTRACT IS NOT WORKS CONTRACT, CESTAT DENIES ABATEMENT BUT EXCLUDES FREE-SUPPLY MATERIAL FROM TAXABLE VALUE
- CONSTRUCTION OF FLATS BEFORE JULY 2012 NOT TAXABLE AS CONSTRUCTION SERVICE: CESTAT
- CESTAT ALLOWS 12% INTEREST ON REFUND OF SERVICE TAX PAID BY MISTAKE OF FACT
Customs Duty
- CBIC REVISES CUSTOMS TARIFF VALUES FOR EDIBLE OILS, GOLD, SILVER, BRASS SCRAP AND ARECA NUTS; NEW RATES EFFECTIVE AUGUST 15
- CENTRE REVISES CENTRAL EXCISE LEVIES ON PETROL, ATF AND DIESEL EXPORTS; PETROL SAED AND DIESEL RIC REDUCED TO NIL
- CUSTOMS BROKER CAN’T UNDERTAKE CLEARANCE WORK USING ANOTHER BROKER’S LICENCE, EVEN WITH CONSENT: DELHI HIGH COURT
- IMPORTER CAN’T BE PENALISED FOR FOLLOWING BINDING LAW THAT PREVAILED WHEN REFUND CLAIMS WERE FILED: DELHI HIGH COURT
- STEAMER AGENT LIABLE FOR CUSTOMS PENALTY OVER GROSSLY MISDECLARED CARGO: MADRAS HIGH COURT
- SUSPENDED PUBLIC NOTICE CANNOT SUPPORT DFIA DUTY DEMAND: MADRAS HIGH COURT QUASHES CUSTOMS SEIZURE OF WHEAT GLUTEN
Income Tax
- UNDISCLOSED FOREIGN ASSETS UP TO RS. 5 CRORE CAN BE DECLARED: CBDT NOTIFIES FOREIGN ASSETS OF SMALL TAXPAYERS DISCLOSURE SCHEME RULES, 2026
- LOSS OF ELIGIBLE EXPORT-ORIENTED UNIT CAN’T BE IGNORED WHILE COMPUTING ASSESSEE’S OVERALL BUSINESS INCOME: DELHI HIGH COURT
- MERE CASH WITHDRAWAL BY THIRD PARTY CANNOT JUSTIFY REOPENING: GUJARAT HIGH COURT
- ITAT QUASHES REASSESSMENT AS SECTION 148 NOTICE ISSUED BEYOND LIMITATION PERIOD
