Indirect Taxes
Penalty Unsustainable When Imports Cleared on Valid Pre-Shipment Certificate: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside a penalty of Rs. 2.48 lakh imposed on a garment...
Notification
DGFT Removes Rs. 10 Lakh Per-Consignment Cap on Courier Exports From April 2026
The Directorate General of Foreign Trade (DGFT) has removed the per-consignment value limit for exports through courier services from April 1, 2026.The notification amends Para 9.05 of the Foreign Trade Policy (FTP) 2023, which governs exports through courier services and postal channels.The exports through...
Other Laws
Supreme Court Holds Renewable Energy Incentive Must Benefit Generators, Not Be Adjusted in Tariff
The Supreme Court of India has held that Generation-Based Incentives (GBI) provided by the...
Other Laws
Supreme Court Upholds Power Plant Tender Award, Reiterates Limited Scope of Judicial Review in Contractual Matters
The Supreme Court of India has set aside a Gujarat High Court ruling that...
Indirect Taxes
Penalty Unsustainable When Imports Cleared on Valid Pre-Shipment Certificate: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside...
GST
GST Exemption Applies Only To Individual And Not Group Insurance Policies: Kerala High Court
The Kerala High Court has held that GST exemption applies only to individual and...
Indirect Taxes
Hyderabad Customs Commissionerate | Telangana High Court Relaxes Bail Condition Requiring Periodic Police Appearance in Customs Case
The Telangana High Court has relaxed a stringent bail condition that required the petitioner...
Indirect Taxes
Molasses Not an Intoxicant: Chhattisgarh High Court Strikes Down Excise Control on Non-Liquor Trade
The Chhattisgarh High Court has held that the State cannot impose excise licensing requirements...
Live Updates
JurisHour Exclusive Live Coverage Of Budget for FY 2026–27
Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday, marking a significant moment ahead of the presentation of the...
Money Hacks
How You Can Save Up To 13% GST On Wedding Venues?
Planning a big Indian wedding often begins with locking in the venue and caterer....
Columns
RBI Tightens Bank Lending Norms for Stock Brokers
In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...
GST
GST Registration Cancellation for Non-Filing of Returns: Gauhati High Court Directs Restoration on Compliance
The Gauhati High Court has directed tax authorities to consider the restoration of GST...
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
CCI Dismisses Complaint Against Microsoft for Bundling Antivirus Software Microsoft Defender with Windows
The Competition Commission of India (CCI) has dismissed the complaint Against Microsoft for Bundling...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
Every IP Dispute Can’t Be Converted Into Competition Dispute: Delhi High Court
The Delhi High Court stated that every IP dispute can't be converted into a...
CCI
Whether Swiggy Can Share Confidential Data With Restaurant Association? Karnataka High Court Directs CCI To Decide Afresh
The Karnataka High Court directed Competition Commission of India to decide afresh whether swiggy...
GST
GST Exemption Applies Only To Individual And Not Group Insurance Policies: Kerala High Court
The Kerala High Court has held that GST exemption applies only to individual and...
GST
GST Registration Cancellation for Non-Filing of Returns: Gauhati High Court Directs Restoration on Compliance
The Gauhati High Court has directed tax authorities to consider the restoration of GST...
GST
Denial of GST Rate Revision Benefit to Contractor Violates Article 14: Rajasthan HC
The Jaipur Bench of Rajasthan High Court has held that the denial of gst...
Direct Tax
Whether ‘Royalty’ Is A ‘Tax’; Supreme Court Directs The Matter To Be Before Appropriate Bench
The Supreme Court has presided over the controversy of whether ‘Royalty’ Is A ‘Tax’...
Direct Tax
Bandwidth Services Provided Outside India Not Taxable As ‘Royalty’: Delhi High Court
The Delhi High Court ruled that the bandwidth services provided outside India are not...
Direct Tax
No Income Tax Payable On Tamil Nadu Advocates welfare Fund: ITAT
The Income Tax Appellate Tribunal Chennai, ruled that no income tax payable on Tamil...
Direct Tax
Imparting Education Through Virtual Mode Or By Adoption Of New Technologies Qualifies Income Tax Exemption: Delhi High Court
The Delhi High Court ruled that imparting education through virtual mode or by adoption...
Direct Tax
Relief To Axis Bank: Discount On ESOPs Is Allowable As Deduction: ITAT
In a major relief to Axis Bank, the Income Tax Appellate Tribunal (ITAT) Ahmedabad...
Direct Tax
ALP On Account Of Corporate Guarantee At 0.50% On Guaranteed Amount Is Proper Commission: ITAT
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench direct the Assessing Officer/learned TPO to...
News Updates
Indirect Taxes
Penalty Unsustainable When Imports Cleared on Valid Pre-Shipment Certificate: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside a penalty of Rs. 2.48 lakh imposed on a garment importer, holding that the pre-shipment certificate issued by the Bangladesh University of Textiles was valid and that no offence was...
International Taxation
U.S. Court Clarifies “Processing Operation”: Marketability Transformation Test Shows MOOWR ‘Other Operations’ Not Limited to Manufacturers
The Arizona Supreme Court has held that machinery used in an industrial healthcare textile...
International Taxation
Yacht Not Liable to Duty on Return After Foreign Cruising: U.S. Customs Authority
The U.S. Customs and Border Protection (CBP) clarified that a duty-paid yacht taken abroad...
Live Updates
JurisHour Exclusive Live Coverage Of Budget for FY 2026–27
Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday,...
Live Updates
LIVE | Gyanotsav 2026 Day 2: A Power-Packed Knowledge Marathon After a Blockbuster Opening Day
After a high-octane first day marked by back-to-back banger sessions, thought-provoking discussions and an...
Latest Articles
Indirect Taxes
Prices Of O-Chloro Benzonitrile Sky-Rocketed, Prices Cooled Down; CESTAT Allows Declared Transaction Cost And Redetermination Of Assessable Value Under Customs Act
The Ahmedabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has allowed...
Notification
Automation Implementation In Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 For EOUs: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular in...
Indirect Taxes
Excise Duty Demands Towards Shortage Found During Stock Verification Is Not Sustainable: CESTAT
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
Direct Tax
Kerala High Court Uphold Constitutional Validity Of Provision Mandating FIFO/Weighted Average Cost Method Of Computation For Assessees Under ‘Profits and Gains of Business And...
The Kerala High Court has upheld the constitutional validity of Section 145A of the...
Direct Tax
2023 AMENDMENT IN SECTION 80DD OF INCOME TAX ACT REGARDING ‘JEEVAN AADHAR’ POLICIES CAN’T BE MADE RETROSPECTIVELY APPLICABLE: SUPREME COURT
The Supreme Court has dismissed the writ petitions seeking retrospective effect to the 2023...
Indirect Taxes
State Can’t Retain Excess Stamp Duty Citing Limitation: Bombay High Court
The Bombay High Court has held that the fiscal l is is not an...
Direct Tax
Power Conferred Upon Income Tax Assessing Authority Is Statutory In Character, Can’t Be Taken Away By CBDT Order: Jammu & Kashmir And Ladakh High...
The Jammu & Kashmir And Ladakh High Court has held that the power conferred...
Notification
Implicating Customs Brokers as Co-Noticee in cases involving interpretative disputes To Be Avoided: CBIC
Recently, the Central Board of Indirect Taxes and Customs (CBIC) has issued the instructions...
Indirect Taxes
Yamaha Motor Pre-Deposited More Than Rs. 10 Crores, Excise Dept. Can’t Deny Interest Upon Refund: CESTAT
The Allahabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
GST
Fake GST ITC Availed By Issuing Counterfeit Bills: Rajasthan High Court Dismisses 2nd Bail Application
The Rajasthan High Court, Jaipur Bench has dismissed the second bail application filed by...
Indirect Taxes
Excise Duty Exemption On Petrol & Diesel When Exported To Bhutan: CBIC
The Central Board of Indirect Taxes & Customs (CBIC) has amended Notification No. 10/2022-Central...
GST
Whether GST Exemption Granted To Transmission/Distribution Of Electricity Would Take In Ancillary Services Offered To Its Consumers? Supreme Court Is Yet To Decide: Patna...
The Patna High Court while disposing of the writ petition held that the issue...