Here’s the Tax Law Daily Bulletin for June 16, 2026.
GST
- UNDER-DECLARATION OF TURNOVER JUSTIFIES ACTION U/S 74: MADRAS HIGH COURT UPHOLDS GST DEMANDS BASED ON SEIGNIORAGE FEE DATA
- NON-MAINTENANCE OF JOB WORK RECORDS CAN TRIGGER GST DEMAND U/S 74: MADRAS HIGH COURT
- ONLY JOINT/ADDITIONAL COMMISSIONER CAN DECIDE DGGI NOTICES, GST ORDER BY ASSISTANT COMMISSIONER INVALID: MADRAS HC
- HARYANA SGST DEPT. REVISED MONETARY LIMIT FOR PROPER OFFICERS
- FILING AN APPEAL BEFORE GSTAT? HERE ARE THE KEY CLARIFICATIONS YOU NEED TO KNOW
Service Tax
- MERE ROAD TRANSPORT WITHOUT CONSIGNMENT NOTE NOT TAXABLE AS GTA: CESTAT
- APPEAL CAN’T BE DISMISSED AS TIME-BARRED WHEN ORDER WAS NOT PROPERLY SERVED: CESTAT
Customs Duty
- FINMIN HIKES EXPORT DUTY ON DIESEL AND ATF FROM 16 JUNE 2026
- DRAWBACK REPAYMENT SATISFIES EXEMPTION CONDITIONS : CESTAT QUASHES RS. 45.82 CRORE CUSTOMS DEMAND ON RE-IMPORTED EXPORT GOODS
Income Tax
- GAINS FROM STRATEGIC INVESTMENTS AND VENTURE CAPITAL FUNDS TAXABLE AS CAPITAL GAINS, NOT BUSINESS INCOME: ITAT
- PRE-29 MARCH 2022 FACELESS REASSESSMENT ORDERS VALID: ITAT
- WRONG SELECTION OF S. 10(23C) INSTEAD OF S. 12AB REQUIRES FRESH EXAMINATION UNDER CBDT CIRCULAR: KERALA HIGH COURT
PMLA
- FROM GST CANCELLATION TO NEW COMPANY: ED PROBE SOUGHT INTO ALLEGED INVESTOR FRAUD BY SIBA SHANKAR DASH AND DAUGHTER
- KARNATAKA HC DECLARES ED ARREST OF GAMESKRAFT FOUNDERS ILLEGAL, ORDERS IMMEDIATE RELEASE FROM JAIL
