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Customs Notification No 13/2010, Exemption of customs duty on specified goods when imported into India for the purpose of organising the Common Wealth Games, 2010 |Tax Guru

Notification No.13 /2010-Customs– New Delhi, the 19th February, 2010 G.S.R. 94 (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is ne...

http://www.taxguru.in/custom-duty/customs-notification-
no-132010-exemption-of-customs-duty-on-specified-goods-
when-imported-into-india-for-the-purpose-of-organising-
the-common-wealth-games-2010.html
first added by kanoisandeep, last updated 2 years 2 months ago
 
by 1 users

Clarification regarding valuation of free samples of the products covered under MRP based assessment |Tax Guru

Attention of field formations is invited to Board’s circular No. 813/10/2005-CX dated 25.4.2005 issued from F.No. 6/39/2000- CX1 wherein it was clarified that in the case of free samples, the value should be determined under Rule 4 of the Central Exc...

http://www.taxguru.in/excise-duty/clarification-regardi
ng-valuation-of-free-samples-of-the-products-covered-un
der-mrp-based-assessment.html
first added by kanoisandeep, last updated 2 years 2 months ago
 
by 1 users

Review of the Economy – 2009-10 Highlights |Tax Guru

Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister released the document ‘Review of the Economy-2009-10’ at a Press Conference in New Delhi today. Following are the highlights of the document: Read more: http://www.taxguru....

http://www.taxguru.in/finance/review-of-the-economy-200
9-10-highlights.html
first added by kanoisandeep, last updated 2 years 2 months ago
 
by 1 users

CBEC directed staff to take Revenue maximization measures and speed up recovery | Tax Guru

The Central Board of Excise and Customs (CBEC) has directed its field formations to expedite “non-duty-related measures” for augmenting revenue. To this effect, CBEC members held meetings la Read more: http://www.taxguru.in/excise-duty/21481.html#ix...

http://www.taxguru.in/excise-duty/21481.html
first added by kanoisandeep, last updated 2 years 3 months ago
 
by 1 users

IGST – Innovative way of handling Inter State Transactions | Tax Guru

The Empowered Committee of State Finance Ministers unveiled the First Discussion paper on Goods and Service Tax in India on 10th November 2009. This discussion paper provides us with broad contours of dual GST to be implemented in India.

http://www.taxguru.in/goods-and-service-tax/igst-–-inno
vative-way-of-handling-inter-state-transactions.html
Tags
Tags: Central | GSTcgst | Goods | and | service | Tax | IGST | State | GST
first added by kanoisandeep, last updated 2 years 3 months ago
 
by 1 users

Life insurers demanded EEE method instead of EET in DTC, allow to carry forward loss for 12 years and service tax exemption | Tax Guru

Life insurance companies want the current system of tax exemption for insurance maturity proceeds to be continued. The proposed Direct Taxes Code has suggested deduction of tax on the final payout, while exempting the policy premium at the time of co...

http://www.taxguru.in/direct-tax-code/life-insurers-dem
anded-eee-method-instead-of-eet-in-dtc-allow-to-carry-f
orward-loss-for-12-years-and-service-tax-exemption.html
first added by kanoisandeep, last updated 2 years 3 months ago
 
by 1 users

Summary of provisions related to declared goods under the CST Act, 1956 | Tax Guru

Declared goods are the goods of special importance on which there are certain restrictions placed under CST Act 1956 on imposition of sales tax or VAT by the states. Article286(3)(a) of the Constitution of india authorises parliament to declare some ...

http://www.taxguru.in/goods-and-service-tax/summary-of-
provisions-related-to-declared-goods-under-the-cst-act-
1956.html
Tags
Tags: Central | Sales | Tax | Act | CST | Declared | goods | Section | 14
first added by kanoisandeep, last updated 2 years 3 months ago
 
by 1 users

Comments of the Department of Revenue (DoR) on the First Discussion Paper on GST | Tax Guru

Introduction: “GST”, commonly known as Goods and Service Tax has now become the buzz word of the industry as a whole. Any news, views or comments on this topic influences the industry at large and when the comments are from the Department of Revenue ...

http://www.taxguru.in/goods-and-service-tax/comments-of
-the-department-of-revenue-dor-on-the-first-discussion-
paper-on-gst.html
Tags
Tags: Central | GSTcgst | Goods | and | service | Tax | GSTIGST | sgst | State | GST
first added by kanoisandeep, last updated 2 years 3 months ago
 
by 1 users

12 per cent service tax likely to return | Tax Guru

The government may take the first step towards fiscal consolidation in Budget 2010-11 by partially rolling back tax cuts given to the industry last year. The service tax rate may be restored to 12 per cent, while excise duty could be increased margin...

http://www.taxguru.in/service-tax/12-per-cent-service-t
ax-likely-to-return.html
first added by kanoisandeep, last updated 2 years 3 months ago
 
by 1 users

Government likely to scrap DEPB scheme | Tax Guru

One of the most favoured duty reimbursement schemes among exporters – the Duty Entitlement Passbook (DEPB) scheme – is likely to be scrapped, as the government gears up to introduce the Goods and Services Tax (GST) from

http://www.taxguru.in/government-policy/government-like
ly-to-scrap-depb-scheme.html
first added by kanoisandeep, last updated 2 years 3 months ago
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