Notification & Circulars

Profession Tax

Circular No: 16 Date of Issue: 18/2/1969 Section(s) Referred: 37(1) Statute: Income-Tax Act [15] Professional tax-Admissibility of professional tax as revenue expenditure under section 37(1) of I.T. Act, 1961. It has been represented to the Board that the professional tax is not being allowed ..

Posted in Others

State files SLP against entry tax judgment

State files SLP against entry tax judgment The Supreme Court on Wednesday issued notice to ITC Ltd on a special leave petition filed by the Tamil Nadu Government against a Madras High Court judgment that declared “illegal and unconstitutional,” the collection of entry tax under the Tamil Nadu Tax o..

Posted in VAT

VAT on carpets a setback to exporters in Kashmir: CCEPC

VAT on carpets a setback to exporters in Kashmir: CCEPC Urging Union Textile and Commerce ministry to exempt the carpet industry from VAT and Sales Tax, Chairman Carpet Export Promotion Council (CEPC), Ashok Jain Friday said the imposition of tax was a “set back” for the carpet exporters in Kashmir..

Posted in VAT

Notification No.39/2007 - Service Tax

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.39/2007 - Service Tax New Delhi, the 12th September, 2007 22 Bhadrapada, 1929 (Saka) G...

Posted in Service Tax

Related to Exporters and Export of Goods

NOTIFICATION NO. 40/2007-SERVICE TAX, DATED 17-9-2007 In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable servi..

Posted in Service Tax

Refund of service tax paid by exporters

Posted in Service Tax

Notification No.104 /2007-Customs

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] ..

Posted in Custom

Notification No. 102/2007-Customs

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 102/2007-Customs New Delhi, the 14th September, 2007 G.S.R. (E).- In..

Posted in Custom

CORRIGENDUM TO NOTIFICATION NO. S.O. 1484(E) – INCOME-TAX (NINTH AMENDMENT) RULES, 2007

NOTIFICATION NO. 242/2007, DATED 14-9-2007 In the Notification vide S.O 1484 (E), published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii) on 30th of August, 2007- (I) In clause 1, in sub-clause (1), instead ..

Posted in Income Tax

CENVAT Credit (Ninth Amendment) Rules, 2007 – Amendment in rule 9

NOTIFICATION NO. 35/2007-CENTRAL EXCISE (N.T.), DATED 14-9-2007 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the CE..

Posted in Excise