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Archive: 28 February 2014

Posts in 28 February 2014

Amendment in Central Excise Registration Form to include the importers under the list of Applicants

February 28, 2014 1730 Views 0 comment Print

in Part I, under the heading, “Identification of business requiring Registration”, after the words “Unit in Export Processing Zone”, the word “importer” shall be inserted;

Importers registered with Excise to file Quarterly Return

February 28, 2014 798 Views 0 comment Print

These rules may be called the CENVAT Credit (Fourth Amendment) Rules, 2014. (2) They shall come into force from the 1st day of April, 2014.

Importers issuing Cenvatable Invoice to register under Excise Act wef 01.04.2014

February 28, 2014 2146 Views 0 comment Print

In the Central Excise Rules, 2002, in rule 9, in sub-rule (1), after the words uses excisable goods”, the words “or an importer who issues an invoice on which CENVAT Credit can be taken shall be inserted.

Form A-1 available for for registration of ‘Importers’ under Central Excise to enable them to pass on Cenvat credit

February 28, 2014 2990 Views 0 comment Print

Necessary modifications have been made in Form A-1 to enable registration of ‘Importers’ as a separate category of Registrants in Central Excise to enable them to pass on Cenvat credit vide Notification No 10/2014 dated 28-2-2014.

Analysis of Rebate under section 87A of Income Tax Act, 1961

February 28, 2014 6359 Views 0 comment Print

Kaushal Agrawal Full analysis of Rebate under section 87A introduced by Finance Act 2013. Here we have explained why section 87A was introduced. This video also contains different practical questions on section 87A. To quote section 87A it says that resident individual can claim rebate of upto Rs. 2,000 if his total income do not […]

ICAI to provide only Certified Copies of Evaluated Answer Books in Soft Form

February 28, 2014 2639 Views 0 comment Print

With a view to ensure faster delivery of certified copies to the applicants, it has now been decided to make available scanned copies of evaluated answer books to examinees who apply for the same, through a website, in soft form, as against the current practice of dispatching physical photocopies. Physical copies of the answer books shall not be dispatched to the applicants, henceforth.

ICAI President's Message – March 2014

February 28, 2014 1175 Views 0 comment Print

Dear Professionals, As the saying goes, coming together is a beginning; keeping together is progress; working together is success. And that is exactly the spirit which sways me as I humbly take over the baton of Indian accountancy leadership with folded hands and address you for the first time as 64th President of the illustrious […]

DVAT – Online details of Invoice & GR (T-2 Form) of goods procured from outside Delhi

February 28, 2014 45909 Views 0 comment Print

Details of Invoice and Goods Receipt (GR) Note in respect of all goods purchased or received as stock transfer or received on consignment agreement from outside Delhi shall be submitted online by dealers, using their login id and password, before the goods physically enter the boundary of Delhi.

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