Here’s the Tax Law Daily Bulletin for October 6, 2026.
GST
- SUPREME COURT DECLINES TO INTERFERE WITH DISMISSAL OF GST WRIT PETITIONS OVER ELECTRONIC RECORDS, ‘KACHCHA PARCHIS’
- 57TH GST COUNCIL MEETING RESCHEDULED TO OCTOBER 8 DUE TO UNAVOIDABLE CIRCUMSTANCES
- GST PORTAL UPLOAD ALONE INSUFFICIENT SERVICE WITHOUT ACKNOWLEDGMENT OR REPLY: RAJASTHAN HC
- 57TH GST COUNCIL MAY WIDEN ITC FOR TELECOM TOWERS AND PIPELINES OUTSIDE FACTORIES
- EXPIRED FMCG GOODS AND MEDICINES MAY GET RELIEF FROM GST CREDIT REVERSAL: 57TH GST COUNCIL MEET
- RETROSPECTIVE GST VALUATION CAN’T ESTABLISH FRAUD: GUJARAT HC QUASHES SOLAR PROJECT TAX DEMAND
- GST ARREST POWERS MAY FACE MAJOR OVERHAUL AS 57TH GST COUNCIL MEET MAY CONSIDERS JUDICIAL SAFEGUARDS
- 57TH GST COUNCIL MAY RAISE PROSECUTION THRESHOLD FROM ₹1 CRORE TO ₹5 CRORE
- GST REFUNDS ON PLANT AND MACHINERY MAY BE SPREAD OVER 5 YEARS: GST COUNCIL MEET
- EMPLOYEE INSURANCE AND BUSINESS VEHICLES MAY GET WIDER GST CREDIT ELIGIBILITY: GST COUNCIL MEET
- SMALL B2C BUSINESSES MAY GET ANNUAL GST RETURNS WITH QUARTERLY TAX PAYMENTS: 57TH GST COUNCIL MEET
- GST NOTICES BELOW RS. 10K MAY BE CURBED, WITH RELIEF FOR PENDING DISPUTES: 57TH GST COUNCIL MEET
- GST COUNCIL MAY EASE SMALL REFUND CLAIMS AND STRENGTHEN 90% PROVISIONAL PAYOUTS
- OVERSEAS-BRANCH SERVICES AND WORK ON FOREIGN-OWNED GOODS MAY GET GST EXPORT RELIEF: GST COUNCIL MEET
- NO PRE-DEPOSIT FOR DISPUTED GST INTEREST-ONLY APPEAL; CUSTOMER’S NON-PAYMENT CAN’T STOP INTEREST LIABILITY: GSTAT
Service Tax
- NO SERVICE TAX ON UNPAID LEASE TERMINATION COMPENSATION: CESTAT
- SERVICE TAX APPEAL CAN’T BE REJECTED FOR MISSING PRE-DEPOSIT PROOF WHEN PAYMENT IS ALREADY RECORDED: CESTAT
Customs Duty
Excise Duty
- ADDITIONAL EXCISE DUTY CREDIT CAN’T OFFSET BASIC EXCISE DUTY UNDER OLD MODVAT RULES: MADRAS HC
- NO 6% CENVAT PAYMENT ON ELECTRICITY GENERATED FROM BAGASSE AND SOLD TO STATE UTILITY: CESTAT
- RS. 58.99 LAKH CENVAT CREDIT CAN’T BE DENIED ON SHARED CORPORATE SUPPORT SERVICES: CESTAT
Income Tax
- REASSESSMENT SCRUTINY CAN’T BEGIN BEFORE TAXPAYER’S OBJECTIONS ARE DECIDED: BOMBAY HC QUASHES PREMATURE NOTICES
- INCOME TAX ADDITION CAN’T REST ON UNCORROBORATED PAPERS AND RETRACTED STATEMENT: CALCUTTA HIGH COURT
- RS. 497.74 CRORE OFFSHORE CAPITAL GAINS NOT TAXABLE IN INDIA; DOMESTIC INDIRECT TRANSFER RULES CAN’T EXPAND TREATY RIGHTS: ITAT
- NO CONCEALMENT PENALTY FOR DEBATABLE TRANSFER PRICING ADJUSTMENTS IN ₹44.06 CRORE DISPUTE: ITAT
- HEARING IS MANDATORY, NOT A FORMALITY: ITAT QUASHES EX PARTE TAX APPEAL ORDERS OVER UNPROVEN SERVICE OF NOTICES
PMLA
- ED CAN SUMMON INDIVIDUALS FOR FINANCIAL RECORDS UNDER PMLA: CALCUTTA HC
- ED CAN CONTINUE MONEY LAUNDERING PROBE AFTER FILING COMPLAINT WITHOUT PRIOR COURT PERMISSION BEFORE CHARGES ARE FRAMED: CALCUTTA HIGH COURT
- PMLA | FAILURE TO EXPRESSLY ADDRESS EVERY WRITTEN SUBMISSION DOESN’T VIOLATE NATURAL JUSTICE IF FAIR HEARING IS GIVEN: KARNATAKA HC
