- Wednesday, January 11, 2012, 10:38
- Custom Duty
- 211 views
Union Finance Minister, Shri Pranab Mukherjee said that the Indian Customs Department has played an active role in automation of its processes to facilitate genuine trade for filing all documentation relating to imports and exports by EDI System thereby reducing dwell time, expediting decision making, lessening paper work and lowering transaction costs.
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- Thursday, February 18, 2010, 1:41
- Excise Duty
- 12 views
The Central Board of Excise and Customs (CBEC) has directed its field formations to expedite “non-duty-related measures” for augmenting revenue. To this effect, CBEC members held meetings last week. Officials said the priority was revenue maximisation to take care of the fiscal deficit. While duty cuts have dampened indirect tax collection, the emphasis is now on non-duty measures like arrears and duty from existing goods.
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- Tuesday, December 22, 2009, 8:52
- Service Tax
- 33 views
Customs House Agent’s (CHA) Services are taxable since 15th June 1997. As per the definition (section 65 (105) (h) of the Finance Act, 1994) the ‘taxable service’ means any service provided or to be provided to any person, by a custom house agent in relation to the entry or departure of conveyance or the import or the export of goods and the term ‘service provider’ shall be construed accordingly.
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- Tuesday, June 2, 2009, 14:56
- Excise Duty
- 79 views
ICAI given the proposal of for Nomination of Chartered Accountants u/s 14A and 14AA of the Central Excise Act, 1944 for special audit. Copy of letter written by ICAI President CA. UTTAM PRAKASH AGARWAL to The Chairman, Central Board of Excise & Customs is as follows:- No.1-CA(Rep Com) /2009, Dated: 2nd June, 2009 The Chairman, Central Board of Excise [...]
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