Invoice

GST exemption list covered item which cannot be taxed under GST

If something is not taxable at all, can one exempt it? Obviously not. If one does it, it is conceptually meaningless and even absurd. Taking an excise example, it is like saying that free air is exempt. If free air is not taxable, it cannot be exempted by the government. Precisely this type of conceptual error is visible in the exemption list suggested in the Report of the Task Force of the 13th Finance Commission .
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Who is a First Stage Dealer?

“first stage dealer” means a dealer, who purchases the goods directly from (i) the manufacturer under the cover of an invoice issued in terms of the provisions of Central Excise Rules, 2002 or from the depot of the said manufacturer, or from premises of the consignment agent of the said manufacturer or from any other premises from where the goods are sold by or on behalf of the said manufacturer, under cover of an invoice.
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Validity of order passed under section 281B of IT Act, 1961: HC

SUMMARY OF CASE LAW Provisional attachment can be levied even in cases where the proceedings are yet to be initiated; therefore, issuing 153A notice and invoking section 281B on the same day would not affect the validity of the order passed under section 281B; fluctuation in the prices of shares in the share market is [...]
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Excise Forms in Excel and Word format

I have uploaded all the forms on Excise Duty applicable as on 16.05.2009 in Excel and Word Format. The formats of form are taken from www. cbec.gov. in. This is the only site where all the forms are available in Word/Excel Format as all other websites provide in PDF format.
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