Whether importing decorative goods predominantly made by handis classified as Handicrafts– Delhi VAT Recently in the case of AME De Verre (P.) Ltd. V Commissioner Trade and Taxes (2015) 57 taxmann.com 147 (Delhi) it has… Read More
Guidelines for Detailed Manual Scrutiny of Service Tax Returns w.e.f. August 1, 2015 The Central Board of Excise and Customs (‘CBEC’) vide Circular No. 113/07/2009-ST dated April 23, 2009 had laid… Read More
Relaxation of additional fees and extension of last date of in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013 MCA has extended the… Read More
OPTION TO USE OF DIGITALLY SIGNED INVOICES/RECORDS IN CENTRAL EXCISE AND SERVICE TAX New Finance Budget, 2015 has provided facility to issue digitally signed invoices by inserting Rule 4(C) in… Read More
Best judgment assessment can only be used to quantify the value of service rendered In a recent case of M/s. Shubham Electricals versus CST & ST, Rohtak, CESTAT of New… Read More
STATUTORY DATES FOR THE MONTH OF JUNE’ 2015 05-06-2015 Service Tax - Service Tax Payment by Companies for May Central Excise - Payment of Excise Duty for all Assessees (other… Read More
Provisions of section 292BB do not cure the virus of non-issuance of notice under section 143(2) Section 143, read with section 292BB, of the Income-tax Act, 1961 - Assessment -… Read More
Notification No. 30/12- Service Tax The Central Government hereby notifies the following taxable services and the extent of service tax payable thereon by the person liable to pay… Read More
How to e-file return using EVC without sending signed copy of ITR-V? Taxpayers filing return of income electronically (without digital signatures) are required to send the signed copy of ITR-V… Read More
Action points regarding the compliance with Secretarial standards 1 & 2 Secretarial Standards 1 & 2 have become effective from July 01, 2015. As per section 118(10) of companies Act… Read More