The Central Board of Excise and Customs (CBEC) has denied the report that the Customs, Excise Duty and Service Tax refunds/drawbacks are being held-up by the Department. This was mentioned in a certain section of media attributing to a statement by President, Federation of India Export Organisations (FIEO) to the effect that Customs, Excise Duty […]
We many times receives excel files from various sources. Sheets of which are password protected by the author of the file. Sometimes we need to change the content of the file to suit our requirements but we will not be able to make the changes if the excel sheet is password protected. This document will […]
Whereas, in the matter of Meta Phenylene Diamine (MPDA) (hereinafter referred to as the subject goods), falling under Chapter 29 of the First Schedule to the Customs Tariff Act
the matter of review of anti-dumping duty on import of the subject goods, originating in or exported from the subject countries, the designated authority vide its final findings
G S Rao Introduction: Corporate Social Responsibility (CSR) is attracting the attention of every Company and stakeholders. CSR activities are not new but it has been recently the mostly discussed or debated topic for the reason that companies Act has made it mandatory for certain companies to spend 2% of average net profits of 3 […]
Notification No. 5(4)-B(PD)/2014, Dated 4-3-2014 It is hereby notified that the deposits made under the Special Deposit Scheme for non-Government Provident, Superannuation and Gratuity funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated 30th June, 1975, shall with effect from 1st April, 2014 and until further orders, bear interest at […]
Whether for the purpose of determining arm’s length price of international transactions of the assessee-company, providing back office support services to their overseas associated enterprises, companies performing KPO functions should be considered as comparable?
Reference to Direct Taxes in Instruction NO. 3 of 2012 may be read as Service matters.The terms of engagement, fees payable etc. will be same as prescribed by the Ministry of Law & Justice in this regard.
The export oriented units are entitled to full reimbursement of central sales tax paid by them on purchase from domestic tariff area units, when goods are used by them for production of finished goods meant for export. Accordingly, reimbursement of central sales tax on inputs used in goods meant for domestic tariff area sale by export oriented units is not admissible.
In recent past DGFT has given its clarification on under mentioned topics i.e. 1. CENVAT Credit availed by deemed exporters vide Circular No. 9 (Re-2013)/2009-14, dated 30th Oct, 2013. 2. Actual inputs utilised in the manufacture of export products vide Notification No. 48 (RE-2013)/ 2009-14, dated 30th Oct, 2013.
