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2011-10-10 02:11:00

The Supreme Court has ruled that offenses under the Customs Act and the Central Excise Act are non-cognisable and bailable. In non-cognisable offenses, the police have no authority to arrest a

2011-10-10 02:10:00

Imagine the predicament of an officer when he gets in his hand the latest circular on prosecution dated 12th May 2011 for service tax cases. It says that all previous instructions and guidelines in

2011-10-07 15:50:00
Slowdown impact: Customs, excise realisation decline in Sep Hit by slowdown and reduction of duty on petroleum goods, customs and central excise collection declined during September. While the customs duty collection realisation during the month declined by
2011-10-03 16:40:00
​XUV500Buying a used car in Punjab is going to cost you more, with the state Excise and Taxation Department levying tax on the sale of pre-owned cars. Instead of imposing Value Added Tax, the state
2011-10-03 03:10:00

This is the last and the concluding article in this series on the Concept Paper on the negative list of service taxation (Paper) released by the Central Board of Excise and Customs for public

2011-09-26 01:10:00

The finance ministry has notified (notification no. 68/2011-cus (NT) dated 22.09.2001) the new Duty Drawback All Industry Rate Schedule that will help exporters cope with the abolition of Duty

2011-09-20 01:21:00

The finance ministry is sure that it will meet indirect tax collections target of Rs 3.98 lakh crore this fiscal, despite industrial growth slowing down to 5.8 per cent in the first four months

2011-09-20 01:21:00
How to Pay Income Tax Through ATMsTo introduce the much-awaited Goods and Services Tax (GST) in 2012-13, the finance ministry has made it mandatory for taxpayers to file their central excise and service tax returns electronically from
2011-09-19 01:31:00

The previous article in this column had highlighted the salient features of the Concept Paper on Services Taxation (Paper), which was recently released by the Central Board of Excise and Customs

2011-09-19 01:30:00

The chairman of the Central Board of Excise and Customs (CBEC) has confirmed that for the present, the on-site post clearance audit (OSPCA) system by the Customs will not be applied to exporters.

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