Proformae for submission of application by SEZ units with respective jurisdictional authority of SEZ for obtaining ‘No Objection Certificate’ of Ministry of Environment, Forests & Climate Change (MOEF&CC) through DGFT has be notified.
Notification No. 83/2017-Customs (N.T.)– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India
This appeal by the Revenue is directed against the order of Commissioner of Income Tax (Appeals)-XX, Kolkata dated 28.08.2014. Assessment was framed by ACIT, Range-3, Kolkata u/s 143(3) of the Income Tax Act, 1961 (hereinafter referred to as the Act) vide his order dated 11.01.2013 for assessment year 2007-08. The grounds raised by the Revenue per its appeal are as under
Notification No. 43/2017-Customs (ADD) Seeks to impose anti-dumping duty on Styrene Butadiene Rubber (SBR),originating in or exported from European Union, Korea RP or Thailand.
Notification No. 42/2017-Customs (ADD) Seeks to levy definitive anti-dumping duty, on Castings for Wind Operated Electricity Generators originating in or exported from China PR for a period of five years (unless revoked, superseded or amended earlier)
S.O. 2826(E).—Whereas the Protocol amending the Agreement, signed at Ha Noi on the 7th day of September, 1994, between the Government of the Republic of India and the Government of the Socialist Republic of Viet Nam for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income
S.O. 2828(E).—In exercise of the powers conferred by clause (a) of Section 54 of the Competition Act, 2002 (12 of 2003), the Central Government in the public interest hereby exempts, all cases of reconstitution, transfer of the whole or any part thereof and amalgamation of nationalized banks, under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Time of supply means the time when goods/services have been deemed to be supplied. Time of supply enables us to determine the rate of tax, value, and due dates for payment of taxes. In order to calculate and discharge tax liability, it is important to know the date when the tax liability arises i.e. the date on which the charging event has occurred. In GST law, it is known as Time of Supply.
CA Preksha Choraria AS 2- Valuation of Inventories ISSUE DATE JUNE,1981 EFFECTIVE DATE APRIL 1ST,1999 APPLICABILITY MANDATORY FOR ALL ENTERPRISE OBJECTIVES: A: CARRYING VALUE OF INVENTORY B: NET REALIZABLE VALUE 1. 2. Specific exclusion:- 3. CONTAINERS AND EMPTIES (NOT COVERED IN DEFINITION) 4. CARRYING VALUE OF INVENTORIES OR MEASUREMENT OF INVENTORIES. 5. COST OF INVENTORY […]
The Goods and Services Tax (GST) tax was introduced on 1st of July, 2017. The last date for payment of GST for the month of July 2017 was 25th August, 2017. The last date for filing returns in cases, where the taxpayer wanted to avail transitional credit was 28th August, 2017 and, in all other cases, it was 25th August, 2017.
