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. 213/47/96-CX I am directed to refer to rule 52A and 57GG of the Central Excise Rules, 1944 according to which the manufacturer and the registered dealers are required to maintain the invoice-book in a bound form.
Circular No. 212/46/95-CX I am directed to refer to the Board”s Circular No. 160/71/95-CX dated 29th November “95” issued from F.No. 209/31/95-CX.6, whereby it is provided that the AR 4 procedure is required to be followed for export clearances even by a unit whose value of clearances for home consumption was less than Rs. 30 lakhs in the preceding financial year or during the current financial year.
Circular No. 211/45/96-CX Attention is invited to the Board”s Circular No. 179/13/96-CX dated 29.2.1996 providing for the facility for the endorsement of Bill of Entry where the Bill of Entry is in the name of the Registered Officer/ Head Office but the credit is to be availed by the manufacturing unit.
Circular No. 210/44/96-CX I am directed to say that under Notification No. 373/86-CE dated 29.7.86 and subsequent Notification No. 48/94-CE dated 1.3.94, Television Chassis (Populated Printed Circuit Board) is exempt from payment of Central Excise duty provided that such TV. chassis is used in the manufacture of Black & White TV and where such use is else where than the factory of production
Circular No. 208/42/96-CX I am directed to say that with the introduction of the Section 11AA in the year 1995-96 in the Central Excise and Salt Act, 1944, and with the issuance of Notification No. 21/95- Central Excise (Non – Tariff) (F.No. 268/29/95-CX.8) dated 29.5.1995, a doubt has arisen about the rate of interest to be charged on delayed payments of Central Excise dues. After consideration of the matter,
Circular No. 207/11/96-CX It has been represented that the assesses often face problems when the goods consigned by the manufacturer are not accepted by the customer in whose favour the invoice in made out on account of certain changes in the consuming pattern or other problems at the customer”s end.
Circular No. 206/40/96-CX The Board has been receiving representations on the issue relating to availment of MODVAT credit on material which is not received directly inside the manufacturer”s premises and the same is required to be stored outside the factory premises and subsequently transshipped to the manufacturer”s factory.
Circular No. 205/39/96-CX Board has received representations from Indian Food Industries “Association and other s seeking clarification as regards the classification of various Indian traditional convenience food mixes, masalas, spices and condiments such as puliyogare powder, vangibath mix, instant samber mix, vangibath powder, sambar powder, instantbisibe lebath, rasam powder, bisibelebath masala, mix spiced chutney powder, cury powder, pickle masala, garam masala etc.
Circular No. 204/38/96-CX Representations have been received from the Trade and various Chambers of Commerce that invoice issues under rule 57G against Gate – passes are not being recognised as duty paying document for availing credit.
Circular No. 203/37/96-CX Certain doubts have been raised in respect of “Value” of export goods for Central Excise purposes, viz.-a) whether Free on Board (FOB) Value mentioned in the shipping bill should necessarily be the same as the value mentioned on AR 4 and the invoice issued under Rule 52A
