"02 November 2016" Archive

MVAT- Extension of due date for filing of monthly returns

Trade Cir. No. 34T of 2016 (02/11/2016)

Whole of the late fee payable by any dealer, who files any return for any of the periods starting from 1st April 2016 to 30th September 2016 shall be exempted, if such return is filed on or before the 15th November 2016....

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E-Payment of Maharashtra Value Added Tax (MVAT) – FAQs

Which category of the dealers are required to make e-payment compulsorily for VAT, CST & PTRC? Is it mandatory to pay sales tax online?...

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Remove anomalies before imposing GST across sectors

Sharp anomalies in taxation rates and structure across different industries such as telecom, tobacco, textiles, food processing and tourism, should be addressed to as the country moves in a transition period for implementing the Goods and Services Tax...

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DRI seizes Mandrax Tablets estimated to be of over Rs. 3000 crore

The total number of Mandrax Tablets estimated to be about 2 crore in numbers with a weight of about 23.5 metric tonnes. International market value of seized tablets is estimated to be over Rs. 3000 crores. ...

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GST Impact: E-Commerce Sector

E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, internet or online social networks....

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Education- A New Orientation

Whether the present education system available to the students is conducive to fulfill their aspirations and congenial to equip them to face the challenges of the unknown future....

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CASS committee to suggest changes in Income Tax Returns / Forms/ Rules & & scrutiny criteria

F.No:. DGIT(S)/ADG(S)-2/CASS 2016-17/93/2016 (02/11/2016)

CASS Committee formed for 2016-17 to recommend changes in Income Tax Returns, Income Tax Forms, Third Party information etc., to enable effective scrutiny selection....

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Anti-dumping duty on Wire Rod of Alloy or Non-Alloy Steel imported from China

Notification No. 51/2016-Customs (ADD) (02/11/2016)

Seeks to levy provisional anti-dumping duty on Wire Rod of Alloy or Non-Alloy Steel originating in or exported from China PR - Notification No. 51/2016-Customs (ADD) - Dated 2-11-2016 ...

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Pay IT dues in advance at RBI or at authorised bank branches

Press Release : 2016-2017/1087 (02/11/2016)

Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date....

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Shri Sushil Chandra takes over as CBDT Chairman

Shri Sushil Chandra, IRS (1980 Batch), today took over as the Chairman, Central Board of Direct Taxes (CBDT).He succeeds Ms Rani A Nair who superannuated yesterday....

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