A job work transaction triggers Excise Duty liability if the process involves manufacture. The consequent question that arises is how to determine assessable value of the goods involved.
Falling Crude Prices Hidden advantage to OPEC AbstractIts first time after the 2008 crisis when the Crude oil Price has declined so much. Crude oil prices have declined to $47 per barrel in the past Quarter making it difficult for
Notification No. 12/2013 Service Tax 1. The exemption shall be provided by way of refund of service tax paid on the specified services received by the SEZ Unit or the Developer and used for the authorised operations: Provided that where the s
EXCELLENCE IN EXCEL SERIES PART IV-MACROS Hey Friends,I am back with another article on most easy and yet unpopular excel function-macros.Many of us as soons as hear the word Macros ,Only one thing comes into mind-Difficult.But friends
PREFACE TO INTERNATIONAL FINANCIAL REPORTING STANDARDS PURPOSE OF ISSUING PREFACE Setting out objectives and due process of the IASB Explain the scope, authority and timing of application of IFRS Preface has been amended from time t
GOODS AND SERVICE TAXTHE IGST MODEL IN GSTBY SUDHIR HALAKHANDI CA SUDHIR HALAKHANDIQ. What is IGST and how this will monitor the interstate trade of Goods in GST? Will IGST replace the existing CST? Please explain with suitable example.A new model is
(ONE INDIA ONE MARKET)On continuation of my last article on Goods And Services Tax I want to give further explanation about the benefits of Goods And Services Tax&r
English speaking or writing is a terrorized and fearful thought, especially for a lot of students and young chartered accountants. English, as lot of us believe is our weak forte and we all struggle to find it difficult to communicate in this langua
The world economy is set to slowdown in 2015 followed with extensive pressure on currency across the globe and to end up with asset bubbles going for blow up. Japan has declared that its economy is in recession, China is already under slow growth, Eu
The Companies Act 2013 (referred as the Act) has introduced a new governance initiative that the independent directors shall meet separately without the attendance of non-independent directors and members of management. A similar clause
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