CA, CS, CMA : Stay updated with key notifications and circulars on Income Tax, GST, Central Excise, Customs, DGFT, and SEBI issued between 29th ...
CA, CS, CMA : Stay updated with the latest income tax exemptions, GST advisories, customs amendments, and more from the week of 22nd-28th July 2...
Goods and Services Tax : Directorate of Legal Affairs, Central Board of Indirect Taxes and Customs is entrusted with defending all indirect taxes matters (...
Income Tax : CBDT has vide notification No. 21/2017 released ITR forms for Assessment Year 2017-18 / Financial Year 2016-17. The number of ITR ...
Income Tax : Application for allotment of Permanent Account Number(PAN) will be filed in SPICe (INC-32) form using Digital Signature of the app...
Custom Duty : Article contains Explanatory Memorandum to Notification Nos. 02 to 12-Customs, dated the 1st February, 2023 and Explanatory Memora...
Custom Duty : Articles explains Explanatory Memorandum To Notification Nos. 02 To 15-Customs Dated 1st February, 2022, Notification Nos. 07/2022...
Excise Duty : Finance Minister has introduced the Finance Bill, 2022 in Lok Sabha today, that is 1st February, 2022. Changes in Customs, Central...
Custom Duty : Govt has issued following notifications related to Excise and Custom duty to give effect to Provisions of Union Budget 2021- ̵...
Excise Duty : Comments/Suggestions invited to make the CESTAT appeal forms more simple, user friendly and useful for creation of data base. Repl...
Excise Duty : CESTAT Hyderabad held that rule 7 of Cenvat Credit Rules, 2004 is just a procedure and procedural lapse cannot be ground to deny t...
Income Tax : Office Order No. 125/2024: Immediate transfers and postings of Principal Commissioners and Commissioners in Customs and Indirect T...
Excise Duty : Notification 19/2024 reduces Special Additional Excise Duty on petroleum crude. Effective from August 1, 2024. Read the full detai...
Excise Duty : Explore the latest changes under Notification No. 18/2024-Central Excise by the Ministry of Finance, affecting excise duties effec...
Excise Duty : CBIC revises monetary limits for adjudicating show cause notices in Central Excise for commodities under Chapter 24 of Schedule IV...
Excise Duty : Explore Notification No. 17/2024-Central Excise by the Ministry of Finance, Government of India. Detailed amendments, effective fr...
Circular No. 439/5/99-CX I am directed to say that it has come to the notice of the Board that doubt still persists in the classification of the “soft drink concentrate”. However, it is felt that after the introduction of a specific entry at sub-heading 2108.10 as preparation of lemonades or other beverages intended for use in the manufacture of aerated Water”, there should not be any doubt as regard to classification of these products.
Circular No. 438/4/99-CX The Central Board of Excise and Customs had issued instructions on the above subject vide Circular No. 80/88/94-CX.8 dated 21.11.94. Para 4.2 of the said circular provides that Chief Account Officer (CAO) shall complete checking of credit entries in PLAs from the original treasury documents (Original copy of TR-6) received from the PAO within 15 days from the receipt of said documents from the Range Officer.
Circular No. 437/03/99-CX With the introduction of Selective Audit, it is imperative to provide professional edge and necessary expertise to the Internal Audit System of the Commissionerates to ensure a systematic, scientific and in-depth auditing. The new Audit Manual, the New Audit System and the concept of “Audit Protocol” are at advanced stages of formulation/ development for being incorporated in the functioning of Central Excise Department.
Circular No. 436/02/99-CX I am directed to say that in the context of Self Assessment and Selective Audit Systems which are currently being followed in the Central Excise . It is imperative to have substantially increased participation of the senior officers in the work of audit. Test audit is also being undertaken on the basis of the New Draft Audit Manual and Draft Audit Programme. In this regard, attention is drawn to Parts (4) (iii) of Part-I of the Central Excise Audit Manual
Circular No. 435/1/99-CX As directed by the Delhi High Court, the Board has reconsidered the Circular No. 335/71/97-CX. dated 18.11.97 in the light of the CEGAT judgement dated 13.2.98 in the case of Mahindra & Mahindra Ltd. v. CCE, Bombay [1998(103) ELT 606 (T)].
Circular No. 434/67/98-CX The Hon”ble Supreme Court in its order dated 5th November, 1996 in case of UOI vs. Punjab Rubber & Allied Industries and Other in CA No. 4348/1984 set aside the order of Punjab and Haryana High Court in Civil Writ No. 4459 of 1980 filed by the Respondents
Circular No. 433/66/98-CX I am directed to say that certain doubts have arisen regarding the classification of fusible interlining cloth after the omission of Chapter Note 2(c) of Chapter 59 of the Central Excise Tariff with effect from 16.3.95. Specifically, doubts have been raised as to whether fusible interlining cloth continues to be classifiable under Chapter Heading 59.03 of the Central Excise Tariff Act, 1985 after the omission of the above mentioned Chapter Note.
Circular No. 432/65/98-CX-3 I am directed to say that it has been gathered that some color television (TV) manufacturers have adopted the practice of making the Retail Sale Price (RSP) on the colour TV packages at an amount which is lower than the amount actually collected or payable by the ultimate consumer. It has been reported that the job-manufacturer clears the colour TVs manufactured by him to the ” brand name holder” at the same price as declared on the cartons.
Circular No. 431/64/98-CX I am directed to state tat representations have been received from the trade, regarding the scope of exemption available to precious, metals and articles of precious metals such as ingots, bars, crucibles, foils, dishes, wires, wire gauges etc. under Sl. No. 193 or 194 of Notification No. 05/98-C.E. dated 2.6.98. It has been represented that the benefit of exemption under Sl. No. 193 or 194 of Notification No.05/98-CE dated 2.6.98 is being denied on the ground that the above goods of precious metals when re-made,
Circular No. 430/63/98-CX I am directed to say that doubts have arisen whether the excisable goods cleared in bond under Rule 13 of the Central Excise Rules, 1944, from a factory or any approved premise, can be stored and transshipped at any other place and if so, whether such transshipment should be done in the presence of Central Excise officers. The specific problem relates to export of iron and steel products by M/s Steel Authority of India Ltd. (SAIL) and M/s Tata Iron and Steel Company (TISCO) to Nepal under Notification No. 51/94-CE (NT) dated 22.9.94.
