"December, 2016" Archive - Page 2

Notification No. 49/2016-Central Excise (N.T.), Dated: 31.12.2016

Notification No. 49/2016-Central Excise (N.T.), (31/12/2016)

1. In the said First Schedule, -(1) in Chapter 29, in heading 2937,- (i) tariff item 2937 31 00 and the entries relating thereto shall be omitted; (ii) against tariff item 2937 9011 for the entry in column (2), the entry “Epinephrine” shall be substituted;...

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CBEC amends 9 Excise duty notifications

Notification No. 37/2016- Central Excise (31/12/2016)

CBEC amends following 9 excise duty notifications namely- Notification No. 74/93-Central Excise , Notification 10/96- Central Excise, dated 23rd July,1996, Notification 49/2003-Central Excise...

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Report submitted by Alternative Investment Policy Advisory Committee

To solicit the comments/views from public on suggestions pertaining to the second report submitted by Alternative Investment Policy Advisory Committee....

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Posted Under: Excise Duty |

Insolvency Professional Agency- All you want to know

Insolvency Professional Agency means any person registered with the Board under section 201 of the Code as an Insolvency Professional Agency....

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Posted Under: Excise Duty |

IGST: The Integrated Goods And Service Tax

A new model proposed GST to monitor the interstate trade of Goods and Services and this is called IGST i.e. Integrated Goods and Service Tax....

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All about Bharat Interface for Money (BHIM) APP with FAQS

Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts. BHIM is developed by the National Payment Corporation of India (NPCI). BHIM is made in India and dedicated to the...

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10% rebate in Basic Rail Fare on Vacant Seats after Chart Preparation

Railways extends 10% rebate in Basic Fare on Vacant Berth/Seats after Preparation of First Chart In all Trains WEF 1st January 2017....

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Posted Under: Excise Duty |

All about Foreign Tax Credit and its Indian Context

Corporate India today serves global needs and brings in overseas income which is chargeable to Indian tax net as a resident of India. Flip side of this paves way for claim for taxes paid at foreign jurisdiction based on the source of income....

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Posted Under: Excise Duty |

Income Tax Notice, Corruption and You

In India the Word CORRUPTION is associated from the bottom line and it will be grown day by day which can not be stopped now. Because its insert in the Subconscious mind, and which is never change once it was taken place....

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Goods and Service Tax: Myths and Facts

The demonetisation has sidetracked the hitherto much awaited and talked about GST. Though government is doing its part in introducing model law , rules , formats etc but still GST rollout on 1st April is a far cry. The proposed GST law is not an ideal / perfect / pure law....

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Posted Under: Excise Duty |

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