Here’s the Tax Law Daily Bulletin for July 21, 2026.
GST
- GST | ONCE GOODS ARE CONFISCATED ASSESSEE CAN’T SEEK RELEASE BY CHALLENGING EARLIER DETENTION ORDER: KARNATAKA HIGH COURT
- BUYER MUST GET FAIR CHANCE TO PROVE 180-DAY SUPPLIER PAYMENTS: MADRAS HIGH COURT QUASHES GST ITC REVERSAL ORDER
- REFUND CAN’T BE DENIED MERELY BECAUSE PRINCIPAL INPUT, OUTPUT ATTRACT SAME GST RATE UNDER INVERTED DUTY STRUCTURE: MADRAS HIGH COURT
- GST ASSESSMENT QUASHED AS DEPT. IGNORED EARLIER FINDING THAT NON-GST TRANSACTIONS DOESN’T ATTRACT ITC REVERSAL: MADRAS HIGH COURT
- GST DEMAND ISSUED WITHOUT VALID SHOW CAUSE NOTICE QUASHED: KARNATAKA HIGH COURT
- GST DEMAND ON ITC REVERSAL FOR NON-PAYMENT TO SUPPLIERS WITHIN 180 DAYS STAYED: MADRAS HIGH COURT
- STATEMENTS COUPLED WITH WHATSAPP CHATS ESTABLISHES PRIMA FACIE ROLE IN GST FRAUD: RAJASTHAN HC REJECTS BAIL
- NO GST ON ASSIGNMENT OF GIDC LEASEHOLD RIGHTS TREATED AS OUTRIGHT TRANSFER OF IMMOVABLE PROPERTY: SUPREME COURT UPHOLDS GUJARAT HC RULING
- IS SIX-MONTH NOTICE UNDER GST SECTION 74 MANDATORY? SUPREME COURT STAYS ASSESSMENT ORDERS
- GST Registration Cancellation Without Reasons Amounts to ‘Economic Death’ of Business: Supreme Court
Service Tax
- CNG SALES THROUGH PETROL PUMPS AMOUNT TO ‘BUSINESS AUXILIARY SERVICE’, BPCL & HPCL LIABLE TO PAY SERVICE TAX: SUPREME COURT
- CESTAT UPHOLDS SERVICE TAX ON STOCK BROKERS’ TURNOVER CHARGES
- SEZ UNITS CAN’T BE DENIED SERVICE TAX REFUND MERELY BECAUSE SERVICES WERE NOT WHOLLY CONSUMED WITHIN SEZ: CESTAT
- INPUT SERVICE BENEFITS CAN’T BE DENIED: CESTAT ALLOWS EXPORT REFUND DESPITE MMTC ACTING AS CANALISING AGENCY
Customs Duty
- INSUFFICIENT EXPLANATION FOR DELAY BARS CUSTOMS APPEAL: MADRAS HIGH COURT UPHOLDS CESTAT ORDER
- GOLD SEIZED FROM MULTIPLE ACCUSED CAN’T BE CLUBBED TO DETERMINE PUNISHMENT UNDER CUSTOMS ACT: MUMBAI COURT GRANTS BAIL
- ABSOLUTE CONFISCATION NOT WARRANTED FOR PERSONAL JEWELLERY: CESTAT ALLOWS REDEMPTION OF CONFISCATED GOLD ORNAMENTS
- CAN CUSTOMS DUTY REFUND BE CLAIMED UNDER SECTION 27 INSTEAD OF SECTION 26A? CESTAT
Excise Duty
- EXCISE DUTY DEMAND | EXTENDED 5-YEAR LIMITATION VALID WHERE DELIBERATE SUPPRESSION PROVEN: MADRAS HIGH COURT
- TAXPAYERS ENTITLED TO 6% INTEREST ON REFUNDS OF PRE-DEPOSITS MADE UNDER SECTION 35F OF THE CENTRAL EXCISE ACT, 1944: CESTAT
- DELAY OF 8 DAYS BEFORE COMMISSIONER (APPEALS) WAS CONDONABLE: CESTAT ALLOWS TATA MOTORS’ APPEAL
- EXCISE EXEMPTION CAN’T BE DENIED FOR JOB-WORKED GOODS ULTIMATELY USED IN JUTE MILLS: CESTAT
Income Tax
- CBDT NOTIFIES TDS EXEMPTION FOR SPECIFIED PAYMENTS TO IFSC UNITS UNDER INCOME-TAX ACT, 2025
- BRIGHT LINE TEST CAN’T BE USED FOR AMP EXPENSES: ITAT DELETES RS. 5.19 CRORE TRANSFER PRICING ADDITION
- FOREIGN TAX CREDIT CAN’T BE DENIED ON TECHNICAL GROUNDS: ITAT RESTORES CLAIM DESPITE 1,933-DAY DELAY
- CAN INTEREST ON STATUTORY DEPOSITS WITH CO-OPERATIVE BANK QUALIFY FOR SECTION 80P DEDUCTION? ITAT
- TDS CREDIT CAN’T BE CLAIMED BY INDIVIDUAL WHEN INCOME IS TAXED IN PARTNERSHIP FIRM: ITAT
PMLA
- ED CAN’T PREVENT HANDOVER OF SEARCHED PREMISES ONCE SUPREME COURT PRESERVATION DIRECTIONS ARE COMPLIED WITH: CALCUTTA HIGH COURT
- FERA PROSECUTION QUASHED AS ED FAILED TO COMPLY WITH MANDATORY OPPORTUNITY NOTICE REQUIREMENT: SUPREME COURT
