Here’s the tax law daily bulletin for February 3, 2026.
GST
- Supreme Court To Examine Use of GST Fraud Provision Where No Taxable Supply Is Alleged
- DGGI Meerut Zonal Unit Uncovers Rs. 5,000-Crore Areca Nut GST Evasion Syndicate; Rs. 250-Crore Tax Loss Detected
- DGGI Meerut | Court Grants 14-Day Judicial Custody to 4 Accused Involving Rs. 200+ Crore GST Evasion
- DGGI Surat Rs. Detects Rs. 80 Crore GST Evasion, 3 Arrested
- Taxpayer Liable Despite CA’s Alleged Misappropriation: Punjab & Haryana High Court Dismisses GST Fraud PleaÂ
- GST Can’t Be Levied on Regulatory Functions of Electricity Commissions: Karnataka High Court Quashes Rs. 13.42-Crore Demand
- GST Appeal Can’t Be Entertained Without Statutory Pre-Deposit Even if Issue Is Pending Before Supreme Court: Madras High Court
- Madras High Court Revives GST Registration Cancelled for Non-Filing of Returns Due to Health Issues
- GST Payments via UPI and Cards Now Available in Telangana
Service Tax
- Service Tax Paid By Partner In His Individual Registration Can Be Adjusted Against Tax Liability Of Partnership Firm: CESTAT
- Tentative Appointment Registers Can’t Form Basis of Tax Assessment: CESTAT Quashes Rs. 262 Crore Service Tax Demand on Dermatology Services
- Extended Limitation Inapplicable Where Tax Is Payable Under Reverse Charge: CESTATÂ
- CESTAT Allows Service Tax Refund on Head Office Services Used for Exports
- CESTAT Dismisses Dept.’s Service Tax Appeal Against Angel Broking Citing to Low Tax Effect
Customs
- Baggage Rules, 2026: Duty-Free Allowance Raised From Rs. 50K To Rs. 75K, Higher Jewellery Limits for Returning Passengers
- CESTAT Upholds Helicopter Confiscation for Private, Non-Revenue Use Violating Customs Duty Exemption Conditions
- No Change in Tariff Values for Gold, Silver, Edible Oils: CBIC
- Rs. 1.57-Crore Customs Demand on Cancer Therapy Equipment Quashed Citing Time-Barred Notice: CESTAT
- Madras High Court Quashes CESTAT Order Granting Provisional Release of Imported Goods for Lack of Reasons
- Ahmedabad Customs Seize Gold Worth Rs. 1.52 Crore from Jeddah Passengers at Airport
Excise Duty
- 12% Interest On Excise Refund Can’t Be Claimed As A Matter Of Right : CESTAT
- Same-Day Reversal Equals No Availment: CESTAT Quashes Interest and Penalty in Cenvat Credit Case
- Govt. Notifies Machine-Based Excise Levy Framework for Chewing Tobacco, Jarda and Gutkha from February 2026
Income Tax
- Finance Bill, 2026 Retrospective Clarifications Shape Judicial Course: SC Disposes of Batch of JAO–FAO Cases, Remits Matters to HC
- Debatable MAT Loss Adjustment Can’t Be Rectified U/s 154: ITAT Quashes Rs. 40.68 Crore Demand Against Fiat India
- JAO Can’t Issue Reassessment Notice Under Faceless Regime: Rajasthan High Court
- Assessment Void as Jurisdiction Transfer Was Done by Non-Jurisdictional PCIT: ITATÂ
- CBDT Guidelines to Become Binding on Tax Dept. and Taxpayers
- ITAT Pune Allows Section 80P Deduction on Interest Earned From Cooperative Banks
IBC
PMLA
- PMLA Arrests Need Not Fail Even if FIRs Are Settled: Punjab & Haryana High Court
- PMLA | Prolonged Pre-Trial Detention Not Justified After Completion of Investigation: Delhi HC Grants Bail
