LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Fishing and roving enquiry

reena (reena9823@gmail.com) (165 Points)

13 November 2013

What is meant by Fishing and Roving enquiry??

Reply
Follow
Share

3 Replies

Sandeep Garg (Consolidation and IndAS Application) (1056 Points)
Replied 13 November 2013

Fishing and roving inquiry refers to asking questions which are not at all connected with the subject matter. For example: In case of assessment u/s 147 of income tax act, sometimes questionnaire issued by AO in the reassessment proceedings contain no question relating to the income believed to have escaped assessment in the reasons recorded but different questions totally unconnected to the reasons recorded are asked.

William Chambers (Writer) (22 Points)
Replied 22 November 2018

More about it you can find here.

Nayan Medic (Professional + Student) (322 Points)
Replied 23 December 2023

Rovings HSN Code 70191200
Glass fiber rovings, which are continuous bundles of untwisted glass fibers. It is used in the manufacturing of various composite materials for reinforcing purposes.

GST Rate is 18%

Fishing HSN Code 8902
Fishing vessels, including factory ships and other vessels for processing or preserving fish. It encompasses boats and ships specifically designed or adapted for fishing activities.

GST Rate is 5%