1. Whether input tax credit can be availed for civil and railway allied works in connection with the laying of private Railway Siding? 2. Whether input tax credit can be availed on signaling & telecommunication system, mechanical and structural works in relation to Railway Siding? 3. Whether input tax credit can be availed on execution of P-Way, Civil, over head electrification, general electrical and signaling & telecommunication works for the proposed block station yard in relation to private Railway Siding?
References have been received in the Board regarding the adjudication of cases wherein the Show Cause notices issued by DRI, DGCEI, SIIB, Preventive etc. pertaining to the duty demand prior to 08.04.2011 were kept in Call book, in light of the order dated 03.05.2016 of the Hon’ble Delhi High Court in the case of M/s Mangali Impex.
The quantity of raw sugar 8424 MTs (Eight thousand four hundred and twenty four metric tons) to be exported to USA under TRQ from 01.10.2019 upt A30.09.2020 is notified vide Public Notice No. 29/2015-2020, dated 3rd September, 2019. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog […]
CBIC issues clarification on the issue of putting of mono-cartons on Bottled in Origin (BIO) alcoholic beverages in both Public and Private bonded warehouses vide Circular 28/2019-Customs dated 3rd September, 2019. Circular 28/2019-Customs F. No. 484/03/2015-LC Govt. of India Ministry of Finance Dept. of Revenue Central Board of Indirect Taxes & Customs ************ North Block, […]
Project Imports Scheme provides that all the goods imported for the purpose of setting up of Industrial Project or substantial expansion of existing industrial projects be subjected to single classification under heading 98.01 of Custom Tariff Act, 1975 and single rate of duty instead of merit assessment of imported goods.
CBDT has released the synthesised text for India-UAE tax treaty. It represents their shared understanding of the modifications made to the Agreement by MLI.
Extension of the last date for submission of examination application forms in respect of CA exams to be held in November 2019, for candidates in J & K only
Most individuals begin tax planning when the due date for settling income tax return is fast approaching. However, it is encouraged that you start your tax planning earlier as it gives you more time to make a good estimate of your income and gains.
