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Notification No. 122/2013-Customs (N.T.) Dated: 11/12/2013

December 11, 2013 304 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional/Joint

Notification No.121/2013-Customs (N.T.) Dated: 11/12/2013

December 11, 2013 244 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional/Joint

Notification No. 120/2013-Customs (N.T.) Dated: 11/12/2013

December 11, 2013 334 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional/Joint

Notification No. 119/2013-Customs (N.T.) Dated: 11/12/2013

December 11, 2013 271 Views 0 comment Print

– In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional or Joint

Notification No. 118/2013-Customs (N.T.) Dated: 11/12/2013

December 11, 2013 625 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Additional/Joint

MVAT : Grant of refund -ITC denied due to purchases from non-filer supplier

December 11, 2013 2670 Views 0 comment Print

A dealer, who has become eligible for refund, due to the filing of returns and tax payment by his supplier (who was a non-filer earlier), need not apply for the refund. The refund shall be granted to the claimant dealer without any refund application after due verification on Mahavikas.

VCES – No Declaration for Period not covered by Scheme, Installment Payment Possible

December 11, 2013 4326 Views 0 comment Print

In one instance, the Designated Authority has asked a declarant, who has “tax dues” only for a part of the period covered by the Scheme, to furnish an undertaking that he had no unpaid “tax dues” for the remaining period covered by the Scheme.

While adjudicating refund claims, decide all objections : Bombay HC

December 11, 2013 628 Views 0 comment Print

Before concluding, it is necessary for this court to observe that while adjudicating upon refund claims, it is necessary in the interest of justice for the assessing officers as well as the first appellate authorities to dispose of all the objections.

Inflation linked indexed bonds a good alternative for Retail Investors

December 11, 2013 2577 Views 0 comment Print

Inflation eats into your money and reduces its purchasing power. To tackle this, you need to invest in products that beat inflation. Inflation-indexed bonds, due to be floated later this month, may be one such option.

VCES – Gift for service tax payer

December 11, 2013 2066 Views 0 comment Print

Service tax is a new emerging law and there has been lack of clarity on the applicability of the service tax, among the trade, departmental officer and also among the consultants, this would have left lot of assesses not being compliant although has no intention to evade the payment of service tax.

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