Custom Duty : AEO is a Trade Facilitation Scheme for ease of doing business in light of international development. Holder of this Certificate is...
Service Tax : The point (s) of dispute pertains to levy of ‘service tax’ in respect of a transaction of sale and purchase of Flat in a build...
Custom Duty : Rajiv Gupta The moot question is what the worth of the laws in this country is! Are they even worth the paper on which they are pr...
Excise Duty : Central Board of Excise and Customs has issued circular No.1063/2/2018-CX dated 16.02.2018, wherein this compiles sixty three orde...
DGFT : In this 2nd part of the article, I bring to the kind notice of the readers that how the DGFT builds in the loopholes in the system...
Goods and Services Tax : Shri S. Ramesh takes over as Chairman, Central Board of Indirect Taxes and Customs Shri S. Ramesh, IRS(C&CE:1981) has taken ov...
Custom Duty : With the enactment of the Finance Act, 2018, CBEC is renamed as the Central Board of Indirect Taxes and Customs (CBIC). The change...
Custom Duty : The Special Judge, CBI cases, Chennai has sentenced Shri D.Ramani, then Appraiser, Air Customs Department, Chennai to undergo two ...
Goods and Services Tax : Article explains Process flow and steps involved for Updating Mobile Number & Email of Authorized Signatory on GST portal www.gst...
Custom Duty : Government has decided to impose 30% import duty on Chana (Chickpeas) and Masoor (Lentils), with immediate effect.Production of Ch...
Service Tax : (a) for a residential unit satisfying both the following conditions, namely:– (i) the carpet area of the unit is less than 2000...
Service Tax : Notification No. 44/2010-Service Tax, dated 20-7-2010. In exercise of the powers conferred by sub-section (1) of Section 71 of the...
Fema / RBI : Scheme for Collection of Dues of ( i ) Central Board of Direct Taxes ( ii ) Central Board of Excise and Customs ( iii) Departmen...
Service Tax : TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (ii) ] MINISTRY OF FINANCE (Department of R...
Ninety-five officials from different government-controlled organisations and banks have come under the CVC scanner in October alone for alleged involvement in corrupt practices and action has been recommended against them. Of them, a highest 17 were
The Central Board of Excise & Customs (CBEC) has released a draft scheme of Authorized Economic Operator (AEO) based on the World Customs Organisation’s (WCO) SAFE Framework of Standards to secure and facilitate global trade. The SAFE Framework of St
With some top officials being accused of indulging in corruption, FM Pranab Mukherjee has selected two officers of the revenue services with a `no nonsense’ approach to head the two revenue boards that control the country’s top revenue agencies.
Central Board of Excise and Customs (CBEC), Department of Revenue has issued a Notification No.97/2010-Customs (N.T.) dated November 15, 2010 and thereby notifying tariff values of edible oils, brass scrap (all grades) and Poppy seeds as shown in the
The finance ministry expects to overshoot its indirect tax collection target by Rs 15,000 crore. For 2010-11, the government had set an indirect tax collection target of Rs 315,000 crore. “We may exceed our original target…It (indirect tax mop-up) co
Chartered Accountants in practice for one year or more may set up a Certified Facilitation Centre (CFC) for providing facilities to central excise and service tax assessees to file returns and other documents electronically under Automation of Central Excise and Service Tax (ACES) Project of the CBEC.
The Finance Ministry has come up with an optional composition scheme for service tax payment on promotion or marketing of lotteries. Budget 2010-11 had introduced service tax levy on the services of promoting, marketing, or organising of games of cha
Even after termination of the franchisee agreement with Kings XI Punjab by BCCI, KPH Dreams which owns the T20 team is still not out of trouble, it seems, as the Central Excise Department on Monday said it would pass an order within a month determini
Service Tax Commissionerate Delhi has cancelled over 1000 service tax registrations obtained online by the service providers vide Trade Notice No.3/ST/2010 on the ground either no hard copy of documents is submitted or the documents have been submit
Excise duty is essentially a duty on manufacture and is listed in Entry No. 84 of List-1 (Union List). Thus, entry 84 of Union List, read with Article 246 authorizes the Central Government to levy Excise duty on tobacco and other goods manufactured