The Chemicals industry in India is an important contributor to the Indian economy sustaining a variety of downstream industries such as textiles and pharmaceuticals. The Indian chemicals industry with a market size of USD 145 billion is the seventh largest producer of chemicals worldwide and the third largest producer in Asia after China and Japan
The Biotechnology sector is one of the sunrise sectors in India. The government is investing substantially for creating human capital and infrastructure with a special focus on R&D to develop India into a world class bio manufacturing hub. The sector in India, which is currently growing at 20% is expected to go up to USD 11.6 Billion by 2017.
Central Board of Excise and Customs hereby determines rate of exchange of conversion of each of foreign currencies with effect from 20th January, 2017
Please find enclosed herewith a letter No. E(LL)2015/PNM/AIRF/1 dated 20.10.2015 alongwith a letter No.2012/CE-I/CT0/22 dated 14.12.2012 and E(NG)/II/2005/RC4/SC/2 dated 21.06.2013 issued to the General Manager (P) All Zonal Railways & Production Units.
Limited Liability Partnership is a modernization form of partnership by giving facility of separate legal entity. A limited Liability Partnership, Popularly known as LLP combines the advantages of both the company and partnership into a single form of organization.
Every supplier shall be liable to be registered under this Act in the State from where he makes a taxable supply of goods and/or services if his aggregate turnover in a financial year exceeds twenty lakh rupees
Permanent transfer/disposal of business assets where input tax credit has been availed on such assets. Supply of goods or services between related persons, or between distinct persons as specified in section 10, when made in the course or furtherance of business.
Notwithstanding anything contained elsewhere in the Act and until specifically so or otherwise prescribed or notified or done in accordance with the provisions of the Act,
From the date of commencement of the Act, the (State) General Sales Tax/Value Added Tax Act, the Central Excise Act 1944, and the Central Excise Tariff Act 1985 shall apply only in respect of goods included in the entry 84 and entry 54 of the Union List and the State List respectively, of the Schedule VII to the Constitution of India.
The Central/State Government may, on recommendation of the Council, by notification and subject to such conditions and safeguards as may be specified therein, in respect of certain classes of taxable persons to be notified in this behalf
