NewsTaxIndia

Duty Free Supply of Goods by EOUs against Advance License/Authorization

September 17, 2016 NewsTaxIndia0 comments498 views

Duty Free Supply of Goods by EOUs against Advance License/Authorization dated 16-09-2016] Subject: Supply of goods manufactured by EOUs without payment of Central Excise Duty against Advance License/Authorisation- reg. Representations have been received from trade and field formations regarding applicability of second proviso to … Continue Reading →

Central Excise

Duty Free Supply of Goods by EOUs against Advance License/Authorization

September 17, 2016 NewsTaxIndia0 comments499 views

Central Excise

Rebate of Duties Paid on Raw Materials Used in Manufacture of Export Goods

September 17, 2016 NewsTaxIndia0 comments660 views

Rebate of Duties Paid on Raw Materials Used in Manufacture of Export Goods; CBEC Circular No. 1047/35/2016-CX dated 16-09-2016 Subject: Rebate of duties paid on raw materials used in manufacture or processing of export goods and admissibility of duty drawback in such cases – … Continue Reading →

Central Excise

Rebate of Duties Paid on Raw Materials Used in Manufacture of Export Goods

September 17, 2016 NewsTaxIndia0 comments675 views

Income Tax

CBDT clarifies unconfirmed reports on IDS 2016

September 15, 2016 NewsTaxIndia0 comments638 views

CBDT Press Release dated 15-09-2016 on unconfirmed reports on IDS 2016 Certain sections of the press have been speculating on the taxpayer response to the currently on-going Income Disclosure Scheme 2016 over the last couple of days. The CBDT would like to clarify that these … Continue Reading →

Customs

Frequently asked questions on Customs Bonded Warehouses

September 15, 2016 NewsTaxIndia0 comments820 views

Frequently asked questions on Customs Bonded Warehouses Source: http://www.cbec.gov.in/ (Download) (“Frequently Asked Questions” has been drafted to facilitate understanding of customs bonded warehousing facilities by bringing together provisions of Chapter IX of the Customs Act, Notifications, Regulations and circulars issued thereunder. These answers have been paraphrased … Continue Reading →

Income Tax

CBDT Clarifications on the Direct Tax Dispute Resolution Scheme 2016

September 14, 2016 NewsTaxIndia0 comments642 views

CBDT Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 Circular No 33/2016; Dated: September 12, 2016 The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter referred to as ‘the Scheme’) incorporated as Chapter X of the Finance Act, 2016 (hereinafter referred to as … Continue Reading →

Personal Finance

Web Responsive Pensioners Service Portal Launched

September 14, 2016 NewsTaxIndia0 comments633 views

Web Responsive Pensioners Service Portal Launched FM launches the Web Responsive Pensioner’s Service portal to provide better services to the pensioners; highlights the importance of data analytics in assessing the quality of Government expenditure and revenue. The Union Minister for Finance & Corporate Affairs Shri … Continue Reading →

Income Tax

Tax Audit Due Date also Extended upto 17-10-2016 : CBDT

September 14, 2016 NewsTaxIndia0 comments809 views

Tax Audit Due Date also Extended upto 17-10-2016 : CBDT Clarification req. u/s 119 of the Income-tax Act, 1961 dated 9th September 2016 Central Board of Direct Taxes, vide order u/s 119 of the Income-tax Act, 1961 (`Act’) dated 9th September, 2016, has extended … Continue Reading →

Income Tax

Tax Audit Due Date also Extended upto 17-10-2016 : CBDT

September 14, 2016 NewsTaxIndia0 comments809 views