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Excise Duty - CBDT has vide notification No. 21/2017 released ITR forms for Assessment Year 2017-18 / Financial Year 2016-17. The number of ITR Forms have been reduced from the existing nine to seven forms. The existing ITR Forms ITR-2, ITR-2A and ITR-3 have been rationalized and a single ITR-2 has been notified in place of these three forms. Consequen...
Read MoreExcise Duty - Application for allotment of Permanent Account Number(PAN) will be filed in SPICe (INC-32) form using Digital Signature of the applicant as specified by the Ministry of Corporate Affairs. After generation of Corporate Identity Number (CIN). MCA will forward data in form 49A to prescribed Income Tax Authority through digital signature. ...
Read MoreExcise Duty - It is pertinent to note that very recently , the Honourable High Court of Delhi in the case of Travelite (India) vs. UOI & Ors, while quashing Rule 5A(2) of the Service Tax Rules and the CBEC Instructions prescribing the manner of an audit and the records that can be called for by the authorities, held that ...
Read MoreExcise Duty - Vide Notification No. 23/2014- ST dated- 05.12.2014, CBEC has amended rule 5A(2) and the pronouncement of Allahabad High Court has been followed principally & CAs/CMAs have been made empowered to conduct service tax audits....
Read MoreExcise Duty - 1. Provisions of sub-rules (7) and (8) of the Rule 4 of the Service Tax Rules, 1994, provides for surrender of Registration certificate in the case of an assessee who ceases to provide the taxable for which he is registered. The Superintendent of Central Excise after ensuring that the assessee has paid all the Service […]...
Read MoreExcise Duty - However, the whole process of DPC is getting delayed due to deficiency of ACR folders of officers. In this regard, attention is drawn to DOP&T's OM No,,21011/02/2009-Estt. dated 16.02.2099 which emphasizes on timely completion and maintenance of ACRs within the prescribed time period. The OM also elaborates procedure for appending the No ...
Read MoreExcise Duty - Finance Minister has clarified that Rice is not an agricultural produce, Central Warehousing Corporation (CWC) has clarified to its offices that now Service Tax is payable. The CWC is so careful that it has clarified that even in cases of construction of warehouses for storage of Agricultural produce where it is not known as to […]...
Read MoreExcise Duty - Existing registrants: Those assessees, who had registered with the department after 01.07.2012 under the 'Other than in the Negative List' (OTNL) category should amend the taxable service details now and opt for relevant description/s from the list of 120 services. After approval by the departmental officer, a new Registration Certificate...
Read MoreExcise Duty - Require Document for Audit 1. Annexure I Questionnaire. 2. Annexure II List of addtional documents. 3. Annexure III FDSS. 4. Annexure IV Reconciliation. 5. Annexure V Cenvat Account Rule 9...
Read MoreExcise Duty - Upto 30.06.2012, the charging Section for the purpose of Service tax is Section 66 of the Finance Act, 1994 according to which service tax is levied at the rate of 12% on all taxable services. With effect from 01.07.0212, Section 66 will no longer be in force and a new charging section 66B will take its place. Section 68 stipulates that ...
Read MoreD.O.No.1080/24/DLA/Tech/Meeting-Litigation/17 (Part) - (25/08/2017) - A meeting on Litigation Management in CBEC was held on 01.08.2017 under the chairmanship of Revenue Secretary. The Revenue Secretary has directed that the appeals pending involving revenue more than Rs. 10 crore should be an area of special attention....
Read MoreD.O No. 390/Misc/163/2016-JC Vol.II - (27/07/2017) - It may be recalled that the Board is pursuing the withdrawal of appeals as per the revised monetary limits and on the basis of Hon'ble Supreme Courts decision on the identical matters in the High Courts & CESTAT....
Read MoreOffice Order-04/2017-CX & ST - (13/07/2017) - OFFICE ORDER-04/2017-CX & ST- Constitution of Review Committees of the Commissioners of Central Excise and Service Tax...
Read MoreOffice Order-03/2017-Cus - (13/07/2017) - OFFICE ORDER-03/2017-CX & ST- Constitution of Review Committees of the Commissioners of Central Excise and Service Tax dated: 13/07/2017...
Read MoreOffice Order- 02/2017-CE& ST - (13/07/2017) - In exercise of powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1 of 1944) and sub-section (1A) of section 86 of the Finance Act, 1994 (32 of 1994), read with Notification No. 13/2017-Central Excise (NT) dated 09.06.2017 and Notification No. 17/2017-Central Excise...
Read MoreD.O.No.1080/24/DLA/Tech/Meeting-Litigation/17 (Part) - (25/08/2017) -
D.O No. 390/Misc/163/2016-JC Vol.II - (27/07/2017) -
Office Order-04/2017-CX & ST - (13/07/2017) -
Office Order-03/2017-Cus - (13/07/2017) -
Office Order- 02/2017-CE& ST - (13/07/2017) -
Circular No. F.No.01/05/Circular /CESTAT /2015 - (11/07/2017) -
No A-30013/54/2016-Ad.IV - (04/07/2017) -
Notification No. 18/2017- Service Tax - (22/06/2017) -
Notification No. 17/2017-Service Tax - (04/05/2017) -
D. O. No. 296/236/2014-CX.9 (Pt. IV) - (02/05/2017) -
