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Archive: 19 August 2014

Posts in 19 August 2014

Indirect Tax Collection During April-July 2014 increases by 3.9%

August 19, 2014 1135 Views 0 comment Print

Indirect Tax Revenue (Provisional) Collections Increase from Rs 1,48,588 Crore in April-July 2013 to Rs.1,54,350 Crore During April-July 2014; Registering an Increase of 3.9% During April-July 2014 over the Corresponding Period in the Previous Year; Service Tax Collections Increase by 16.4% during the Same Period 

Guidelines for considering request for exemption from payment of Customs Duty under Section 25(2) of Customs Act, 1962

August 19, 2014 8043 Views 1 comment Print

Imports made by Central/State Governments, Municipalities, public sector undertakings and autonomous bodies will not be considered for ad-hoc exemption. All such agencies are expected to make budgetary provisions for payment of customs duty along with the cost of the imported goods.

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