Notification & Circulars

Substitution of Percentage in Notifications 74 & 75-Custom

Substitution of Percentage in Notifications 74/2005 & 75/2005-Custom Notification No. 45/2008-Customs In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public i..

Posted in Custom

Companies (Accounting Standards) Amendment Rules, 2008

Companies (Accounting Standards) Amendment Rules, 2008. NOTIFICATION G.S.R. No. 212 (E) In exercise of the powers conferred by clause (a) of sub-section (1) of section 642 read with sub-section (1) of section 210A and sub-section (3C) of section 211 of the Companies..

Posted in Corporate Law

No tax in India on sale outside country: AAR

The Authority for Advanced Ruling (AAR) has clarified that tax is not liable to be deducted from the payments made to a non-resident if the transaction is a sale of equipment and repairs that took place outside India. The AAR is a quasi-judicial body for settling tax dispute. The AAR r..

Posted in Excise

New Procedure for issuance of Form c under MVAT

8th floor, Vikrikar Bhavan &..

Posted in VAT

Applicability of New MVAT REturn Forms

8th floor, Vikrikar Bhavan, ..

Posted in VAT

instruction of Service tax refund for exporters

Refund of service tax paid on taxable services used by exporters which are not input services but could be attributable to export activities INSTRUCTION F. NO. 341/15/2007-TRU, DATED 17-4-2008 The Annual Supplement to the Foreign Trade Policy, 2004-09 announced on 19.4.2007 stated that ser..

Posted in Service Tax

Increment in CRR of Scheduled Commercial Banks

Increment in CRR of Scheduled Commercial Banks RBI/2007-2008/287 Ref: DBOD.No.Ret.BC.70 /12.01.001/2007-08 Please refer to the Circular RBI/2007-2008/173 DBOD .No. Ret. BC.44 /12.01.001/ 2007-08 dated October 30, 2007 on the captioned subject. On a review of the current li..

Posted in Community & General

New instruction for e-filing in MVAT

Posted in VAT

Amendment in Notification No.26/2005

Amendment in Notification No. 26/2005 Notification No. 9/2008-Service Tax In exercise of the powers conferred by sub-section (2) of section 69 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following further amendment in the ..

Posted in Service Tax

Service Tax (Registration of SCPs) Rules

Service Tax (Registration of Special Category of Persons) Rules Notification No. 10/2008-Service Tax In exercise of the powers conferred by sub-sections (1) and (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the followi..

Posted in Service Tax