MEIS rate for Onion is notified. It would be effective for exports made upto 31.12.2016. MEIS Rate on Onions Fresh or Chilled vide HS Code 07031010 is 5%.
Earlier, Central Government vide Circular No. 4/2011-Cus dt. 10.1.2011 prescribed comprehensive guidelines on safety and security of premises where imported or export goods are loaded, unloaded, handled or stored. It has been specifically provided that imported goods or export goods which are hazardous in nature shall be stored at the approved premises of the customs […]
The Board had earlier received a number of requests from the trade for equitable and wider participation of cooperative societies which are duly registered with the State/Central Government authorities and not to make a particular body monopolistic, in sourcing the confiscated goods being disposed of by the department.
On consideration of reports of dislocation of general life in certain areas of the state of Jammu & Kashmir, the Central Board of Direct Taxes (`CBDT’), in exercise of powers conferred under section 119 of the Income-tax Act, 1961 (‘Act’), hereby further extends the ‘due-date’ for filing Return of Income from 31st August, 2016 to 30th September, 2016,
Streamlining the process of No Objection Certificate {NOC), Port Clearance Certificate (PCC), voyage return and voyage assessment in the case of Foreign Shipping Companies (FSCs)
The new return filing process envisages preparation of invoice-wise sales and purchase annexure. For this dealer is required to visit to MSTD Web-site and download the return template form. The new process of filing of returns for the periods starting from Apr 2016 is being explained
The main objective of the scheme is to provide for remission of State Levies in addition to the Duty Drawback Scheme, through the Scheme for Rebate of State levies on Export of Garments on an average basis only.
Paragraph 3.10 prescribes the information to be maintained by CIT/DIT concerned. Relevant pages are enclosed. Chapter-IV deals with the Guidelines for Handling the requests in specific cases from Foreign Tax Authorities.
Seeks to further amend notification No. 12/2012-Central Excise dated 17.03.2012 so as to levy Basic Excise Duty at a concessional rate of 2% on Aviation Turbine Fuel drawn by operators or cargo operators from the Regional Connectivity Scheme (RCS) airports for a period of 3 years. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) […]
Attestation of an employer on the Declaration form would not be required for both Form No. 31 & Form No. 31(UAN). However, the Claim Form No. 31 shall continue to be attested by the employer.