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Remove Private Ownership from GSTN or will file PIL: Swamy

October 15, 2016 6847 Views 0 comment Print

Senior BJP leader Subramanian Swamy declared on Twitter that if government not removes private companies from Goods Services Tax Network (GSTN) than he would go ahead with a Public Interest Litigation (PIL) against the Central Government. Swamy tweeted on his twitter Handle @Swamy39 that, he will wait till October 31 for the government to act, failing which he will go ahead with a PIL to challenge the government in allowing ownership of private companies in the Goods Services Tax Network (GSTN).

Taxing sugary drinks can lower consumption &reduce obesity: WHO

October 15, 2016 1720 Views 0 comment Print

Fiscal policies that lead to at least a 20% increase in the retail price of sugary drinks would result in proportional reductions in consumption of such products, according to the report titled Fiscal policies for Diet and Prevention of Noncommunicable Diseases (NCDs).

How to reply Notice for High Cash Transaction in Bank Account(s)

October 15, 2016 36598 Views 4 comments Print

Step-by Step Guide to file online reply / Response to Notice from Income Tax Department in respect of Bank/Financial Account(s) with substantial Cash Transactions

List of CIT(A) not submitting Monthly details of Appeal Disposal by them

October 14, 2016 4951 Views 3 comments Print

have been directed to state that the data of number of cases disposed every month by each CIT(A) is required to be forwarded to the Statistics (R&S) Wing of the office of DGIT(Logistics) by the 7th of the next month. However, the data of disposal of cases (as per list enclosed) has not been forwarded to the Statistics (R&S) Wing by the CIT(A) concerned till date.

Compounding of Offences under Indirect Tax Laws

October 14, 2016 4324 Views 0 comment Print

To prevent litigation and encourage early settlement of disputes, the Government introduced a scheme in year 2005 providing for compounding of offences against payment of compounding amount. Initially, it was extended to offences under Customs Act, 1962 and Central Excise Act, 1944. In the year 2012, it has been extended to offences under the Finance Act, 1994 (relating to service Tax) also.

E-Book on Clean Environment (Energy) Cess

October 14, 2016 3190 Views 0 comment Print

The matter in this e-Book is based on variety of sources including material freely available on Internet/Websites. The purpose of this e-Book is primarily education and training. It is not our intention to infringe any copyrights. However, if anybody has any issue with regard to any of the material used in this e-Book, the same may kindly be brought to my notice on the email address mentioned above.

Abbreviations commonly used in Customs, Central Excise & Service Tax

October 14, 2016 51013 Views 0 comment Print

In this E-book, attempts have been made to tabulate commonly used abbreviations in the Customs and Excise Department. It is expected that it will help the new entrants into the service. Though all efforts have been made to make this document error free, but it is possible that some errors might have crept into the document.

Difference between Tariff and Non-Tariff Notifications

October 14, 2016 10258 Views 0 comment Print

Tariff Notification is a notification which contains matters relating to tariff i.e. rate of duty. In other words, any notification having impact on effective rate of duty or in other words, providing for lower rate of duty (i.e. effective rate of duty) than the prescribed tariff rate of Central Excise duty/Customs duty, would be termed as Tariff Notification.

All about Bill of Lading/ Airway Bill

October 14, 2016 41707 Views 1 comment Print

n today‟s environment, where the volume of the goods being imported or exported is continuously increasing, the number of Customs officers to deal with such goods has remained same or decreased. Now, a Customs officer,no longer, has liberty to hold the goods for long time or to subject every consignment of imported /exported goods for detailed physical examination.

Legal Provisions applicable to Precursor Chemicals for IEDs & other Hazardous / Dangerous Goods

October 14, 2016 1018 Views 0 comment Print

In this E-book, attempts have been made to explain about Matrix of Legal Provisions applicable to Precursor Chemicals for IEDs & other Hazardous / Dangerous Goods.

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