Here’s the Tax Law Daily Bulletin for May 12, 2026.
GST
- RS.1.19 CRORE GST DEMAND PASSED EX PARTE AGAINST FOREIGN COMPANY STAYED: RAJASTHAN HIGH COURT
- 18% IGST ON AIRCRAFT INTEGRATED DRIVE GENERATORS, STARTER GENERATORS; CESTAT QUASHES CUSTOMS DUTY DEMAND AGAINST INDIGO
- GOVT. MAY EXTEND JUNE 30 DEADLINE FOR FILING GSTAT APPEALS
- GST REFUND CAN’T BE RETAINED WHEN TAX WAS NEVER PAYABLE: UTTARAKHAND HIGH COURT
- GST INTEREST PAYABLE ONLY ON NET CASH LIABILITY: CHHATTISGARH HIGH COURT
- FLIPKART’S E-COMMERCE DELIVERY MODEL QUALIFIES AS GTA SERVICE, GST EXEMPTION AVAILABLE FOR UNREGISTERED CUSTOMERS: AAAR
- GST DEPT. TO PAY 6% INTEREST ON OCEAN FREIGHT TAX REFUND AFTER MOHIT MINERALS RULING: ANDHRA PRADESH HC
- ANDHRA PRADESH HIGH COURT QUASHES GST DEMAND ON OCEAN FREIGHT IN FOB IMPORTS
- ANDHRA PRADESH HIGH COURT QUASHES COMPOSITE GST ASSESSMENT ORDER COVERING MULTIPLE FY
Service Tax
- NO SERVICE TAX ON PERFORMANCE COMMISSION PAID TO WHOLE-TIME DIRECTORS TREATED AS SALARY: CESTAT
- MULTI-LEVEL MARKETING ACTIVITIES LINKED TO SALE-PURCHASE OF GOODS CAN’T BE TAXABLE UNDER BAS: CESTAT
- ELECTRICITY IS “NOT GOODS”? HYDERABAD AND CHANDIGARH CESTAT RULINGS REVEAL TWO DIFFERENT LEGAL ROUTES UNDER CENVAT CREDIT LAW
- CESTAT QUASHES EX PARTE SERVICE TAX ORDER AGAINST EXPORT-ORIENTED IT SERVICE PROVIDER
Customs Duty
- FOREIGN MARKINGS ALONE CAN’T PROVE SMUGGLING: CESTAT QUASHES CONFISCATION OF GOLD & CASH
- CESTAT UPHOLDS HIGHER CUSTOMS DUTY ON IMPORTED MANDARIN JUICE CONCENTRATE
- CUSTOMS DEPT. CAN’T AVOID TO PAY INTEREST TO IMPORTER BY REPEATEDLY ISSUING DEFICIENCY MEMOS: CESTAT
- TRICHY CUSTOMS SEIZES SILVER BARS, GOLD AND ROYAL ENFIELD BIKE IN RAMANAD OPERATION
- CESTAT QUASHES CUSTOMS RECOVERY PROCEEDINGS AGAINST HINDUSTAN COPPER OVER ABSENCE OF SCN, 23-YEAR DELAY
- CBIC NOTIFIES VILLAGE NAMLI IN RATLAM AS CUSTOMS LOADING AND UNLOADING POINT
Excise Duty
- CESTAT ALLOWS CENVAT CREDIT ON CAPITAL GOODS USED IN CAPTIVE POWER PLANT
- NO CENVAT CREDIT REVERSAL ON INPUT SERVICES USED FOR CAPTIVE POWER PLANT AS ELECTRICITY IS NOT ‘EXEMPTED GOODS’: CESTAT
Income Tax
- DIFFERENCE BETWEEN CUSTOMS ASSESSABLE VALUE AND INVOICE VALUE CAN’T BE TAXED AS UNEXPLAINED EXPENDITURE U/S 69C: ITAT
- “PAYMENT TO SELF” CAN’T BE TAXED AS FTS: ITAT DELETES ADDITION ON REIMBURSEMENT PAID BY INDIAN PE TO AUSTRALIAN HEAD OFFICE
- AOP PROFIT SHARE NOT TAXABLE AS REVENUE RECEIPT: SUPREME COURT
- S. 68 FIRST PROVISO APPLIES ONLY TO COMPANIES, NOT PARTNERSHIP FIRMS: ITAT
- GROSS INTEREST CAN’T BE TAXED IN HANDS OF MERE FACILITATOR: ITAT RESTRICTS ADDITION TO TDS AMOUNT
- CIT(A) NOT OBLIGATED TO OBTAIN AO’S REMAND REPORT WHEN ISSUE ALREADY SETTLED BY JURISDICTIONAL HIGH COURT: ITAT
Others
- WHY IS PM MODI URGING CITIZENS TO AVOID BUYING GOLD?
- JIO IPO: 10 UNIQUE FEATURES EVERY INVESTOR MUST KNOW BEFORE INVESTING
- FINMIN NOTIFIES AUCTION OF RS. 32,000 CRORE GOVT. SECURITIES; RBI TO CONDUCT SALE ON MAY 15
- ICAI REMOVES NAMES OF OVER 1,100 CHARTERED ACCOUNTANTS FROM REGISTER FOR NON-PAYMENT OF FEES: CHECK LIST
- GUJARAT HC DIRECTS STATE TO CONSIDER RETROSPECTIVE ELECTRICITY DUTY EXEMPTION FOR CHARITABLE TRUST SINCE 2010
- IS GOLD NOT “GOLDING” ANYMORE? WHY GOVT IS NUDGING INVESTORS TOWARDS DIGITAL GOLD ROUTES LIKE ETFS & EGRS
