The proposal regarding increment of the house tax in UP is soon to be presented before the cabinet. Houses in UP has been divided into 10 types depending upon the use made therein. Four star and above hotels, Pubs, Bar and Restaurants where alcohols are also served is now to pay tax 5 times more.
This Article Covers the statutory Provisions related to the following topics under Delhi Value Added Tax Act, 2004 & Central Sales Tax Act, 1956 :- FAQs on Checking of Vehicles Undertaking form for claiming goods with genuine bills before release of vehicles Statutory Provisions related to Goods vehicles & transporters under DVAT Act, 2004
The payment of tax under MVAT Act, 2002 and CST Act, 1956 by way of e-payment was made mandatory from March, 2011. It has been reported to this office by some of the dealers and the Banks that they made certain mistakes while making e-payment.
Central Board of Excise and Customs puts up a Pavilion at the India International Trade Fair (IITF), 2013; focus of the pavilion this year is to Popularize/Publicise Service Tax Voluntary Compliance Encouragement Scheme (VCES)
Steps for users to read ICAI’s ebooks on Android devices. Users need to download an e-book reader app from google play. For the purpose ‘cool reader’ is recommended. Add a new catalog naming it as ICAI with the URL – http://www.icai.org/ebooks/
None of the provisions provided for personal penalty on partners / proprietor of the firm. However, section 77 talks of any person but such expression ‘any person’ does not imply more than one person or ‘firm as well as partner’ for the same offence. If it is meant to be such, it may result in double penalty or even more.
Reduction of threshold limit for mandatory e-payment of Central Excise duty to Rupees One lakh – Notification No. 15/2013 – Central Excise (N.T.)
The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (i) vide notification No. 45/2000-Central Excise (N.T.), G.S.R. 575(E), dated the 30th June, 2000 and was last amended vide notification No. 9/2007 – C.E. (N.T.), G.S.R 149 (E), dated the 1st March, 2007.
Notification No 16/2013-Service Tax -Reduction of threshold limit for mandatory e-payment of Service Tax duty to Rupees One lakh w.e.f. 1st day of January, 2014.
The Reserve Bank of India today released the statutory Report on Trend and Progress of Banking in India 2012-13. This Report presents the performance and salient policy measures relating to the banking sector during 2012-13.
