R. 8 Valuation Inapplicable on Job Work Goods Sent Back to Principal Manufacturer for Further Use: CESTAT

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that Rule 8 of the Central Excise Valuation Rules,...

DGFT Aligns RoDTEP Schedules 4R & 4RE With Customs Tariff Amendments Effective May 1, 2026

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has issued Notification No. 15/2026-27 dated April 30, 2026, aligning the RoDTEP Schedules 4R and 4RE with amendments made in the First Schedule to the Customs Tariff Act, 1975 through...

Central Bureau of Investigation Files Chargesheet in Builder-Bank Nexus Case; AVJ Developers, Bank Officials Among Accused in Homebuyers Fraud Probe

The Central Bureau of Investigation has unearthed an alleged builder-bank nexus in a major...

Supreme Court Allows Formaldehyde Units To Operate Pending Environmental Clearance, Sets Aside NGT Closure Orders

The Supreme Court has allowed several formaldehyde manufacturing units operating in Rajasthan and Haryana...

R. 8 Valuation Inapplicable on Job Work Goods Sent Back to Principal Manufacturer for Further Use: CESTAT

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Faceless Assessment Completed Without SCN: ITAT Deletes Rs. 1.64 Crore Addition

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the relief...

CESTAT Allows Amendment of Bill of Entry for Refund Claim on Excess Customs Duty Paid Due to Missed Exemption

The Chennai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...

Don’t Panic If You Don’t Withdraw Cash Every Month: ITAT Says Disclosed Rental Income Can Explain Household Expenses

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

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...

10 Best Cryptocurrency Apps in India with Low Fees (2026 Edition)

With cryptocurrency adoption steadily rising in India, choosing the right trading app has become...

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....

CESTAT Reduces Penalty in EPCG Fraud Case Involving Third-Party Shipping Bills

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

CCI | GST | Direct Tax

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

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...

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...

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...

Illness Of Taxpayer’s Father Not An Exceptional Circumstance To Condone Delay In Filing GST Appeal: J&K and Ladakh High Court 

The High Court of Jammu & Kashmir and Ladakh at Srinagar has dismissed a...

Supreme Court Seeks Affidavit From GST Dept. Over Missing Seized Files in Telangana Tax Dispute

The Supreme Court has sought a short affidavit from the GST Department explaining the...

Officer Conducting Audit Can’t Adjudicate Same Matter Without Deciding Jurisdictional Objection: Karnataka HC

The Karnataka High Court has set aside a GST Order-in-Original passed against a taxpayer...

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’...

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...

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...

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...

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...

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

R. 8 Valuation Inapplicable on Job Work Goods Sent Back to Principal Manufacturer for Further Use: CESTAT

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that Rule 8 of the Central Excise Valuation Rules, which mandates valuation at 110% of the cost of production, cannot be applied where goods manufactured on job work basis...

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...

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 | 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

Dept. Can’t File Appeal Before CESTAT Of The Monetary Limit Below Rs. 50 lakhs: CESTAT

The Customs, Excise And Service Tax Appellate Tribunal, Chandigarh, ruled that the department can't...

“Indian Economy in Pre-GST and Post-GST Era”

This Article is written by Rifat Alam, she is Pursuing her BA.LLB Honours from...

IMPACT OF INSOLVENCY AND BANKRUPTCY CODE (IBC) ON MSMEs IN 2026

As India moves into 2026, the Insolvency and Bankruptcy Code (IBC) is entering a...

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...

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...

Adjudicating Authority Empowered To Examine Entitlement Of Fee And Expenses: NCLAT

The National Company Law Appellate Tribunal (NCLAT), Delhi, ruled that adjudicating authority is empowered...

Subsidiary Assets Can’t Be Included In Holding Company’s Resolution Plan Under IBC: Supreme Court

The Supreme Court ruled that the subsidiary assets can't be included in the holding...

OMCs Did Not Violate Provisions Of Competition Act For Issuing  Joint Tender For Procurement Of Ethanol: CCI

The Competition Commission of India held that the OMCs did not violate provisions of...

Imposition Of Pre-Payment Of Loan Penalty On End-Consumer By Finance Company Doesn’t Amount To Anti-Competitive Agreement: CCI

The Competition Commission of India ruled that imposition of Pre-Payment of loan penalty on...

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...

Liability To Pay Customs Duty In Addition To Fine Paid To Redeem Confiscated Goods: Supreme Court

The Supreme Court ruled that there is a liability to Pay Customs Duty in...

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’...