- HC : Copy of Delhi HC-judgment holding redemption fine forms part of ‘duty, interest, penalty’ under SVLDRS
- SC : Rajasthan’s VAT exemption to locally manufactured Asbestos-Sheets & Bricks, discriminatory under Article 304(a); Strikes-down Notification
- SC upholds tax on ink & chemicals utilized in lottery-ticket printing under works contract
- SC : Ink & chemicals used in lottery-ticket-printing under works-contract taxable as 'sale'; Finds tangible transfer
- SC : Upholds ITC benefit for purchaser-dealer despite selling-dealer's failure to deposit tax
CBEC launches special drive from July 1, 2016 to September 30, 2016 to resolve pending drawback issues / queries where exporters have produced documents / replied to queries; Inter alia states that resolving EGM mismatch by Airlines should be made a continuous process via regular Trade Facilitation Committee meetings; New electronic RBI-BRC Module effective for exports from April 1, 2014 onwards obviates the need for routinely seeking realization certificates from Banks, clarifies CBEC
Circular F. No. 609/14/2014-DBK dated June 30, 2016
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