Indian Tax Solution
Import duty on Potatoes and Wheat reduced to 10% upto 31.10.2016 and 28.02.2017 respectively while on edible grade Crude Palm oil & Refined Palm Oil reduced to 7.5% and 15% respectively
ANF 5A of Aayat Niryat Forms of FTP 2015-20 has been amended to include guidelines for designating/certifying a Common Service Provider by DGFT, Department of Commerce or State Industrial Infrastructure Corporation in a Town of Export Excellence under Para 5.02 (b) FTP 2015-20.
Govt exempts taxable service provided by State Government Industrial Development Corporations/ Undertakings by way of granting long term (thirty years, or more) lease of industrial plots to industrial units from so much of service tax which is leviable on the one time upfront amount (called as premium, salami, cost, price, development charges or by any other name) payable for such lease
Rate of exchange of conversion of the foreign currency with effect from from 23rd September , 2016 in respect of South African Rand
Setting up of \'Customs Clearance Facilitation Committee\' (CCFC) for Land Customs Stations and Inland Container Depots
Public Notice No. 32/2015-2020 New Delhi, dated: 22nd September, 2016
Seeks to further amend notification No. 12/2012-Customs dated 17.03.2012
CENVAT Credit (Tenth Amendment) Rules, 2016 notified to amend the requirement of enclosing photocopies of the railway receipts (RRs) with the STTG certificate
Service tax certificate for transportation of goods by rail (STTG Certificate)
The import of items under the ITC (HS) Codes specified above is permitted freely w.e.f. 1.10.2016 provided cif value is USD 200 or above per MT.
The import of items under the ITC(HS) Codes specified above related to marble slabs is permitted freely provided cif value is USD 40 or above per square metre (for maximum thickness of slab of 20 mm) w.e.f. 1.10.2016.
The import of items under the ITC(HS) Codes specified above related to granite slabs is permitted freely provided cif value is USD 50 or above per square metre (for maximum thickness of slab of 20 mm) w.e.f. 1.10.2016.
Income-tax (22nd Amendment) Rules, 2016
CBEC hikes Tariff value of Gold, Silver and Palmolein oil
Rate of exchange of conversion of the foreign currency with effect from from 16th September , 2016
New scope for utilisation of credit of Education and SHE Cess for payment of basic excise duty
New scope for utilisation of credit of Education and SHE Cess for payment of basic excise duty Rule 3(7)(b) of the CCR, 2004 has been amended vide Notification No.12/2015-Central Excise (N.T.), dated 30.04.2015 so as to allow ...