Category - Taxation

Anti dumping duty imposed on New/unused pneumatic radial tyres originating in or exported form china

[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. 45/2017-Customs (ADD) New Delhi, the 18th September, 2017 G.S.R. (E).- Whereas in the matter of “New/unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless… Read More

CBDT proposes mechanism for Voluntary Reporting of Estimated Current Income and Advance Tax Liability

F.No.370142/27/2017-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ********************************* New Delhi, September 19, 2017 Sub: Draft Notification for insertion of new rule 39A in the Income-tax Rules, 1962– comments and suggestions-reg. It is proposed to create a mechanism for self-reporting of estimates of current income, tax payments and… Read More

Tariff Notification: Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUBSECTION (ii)] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 87/2017-CUSTOMS (N.T.) New Delhi, 15th September, 2017 24 Bhadrapada, 1939 (SAKA) S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section… Read More

Govt. amends certain customs notifications in pursuance to change made in Budget 2017-18

[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.76 /2017-Customs New Delhi, the 15 th September, 2017 G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52… Read More

MCA and CBDT signs MOU to curb the menace of Shell Companies and Money Laundering

MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) for Automatic and Regular Exchange of Information  Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money laundering and black money in the country and prevent misuse of corporate structure by shell companies… Read More

CBEC amends NOT. No. 82/2017-Cus (N.T.) dt 24.08.2017 and NOT. No 85/2017-Cus (N.T.) dt 07.09.2017

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) NOTIFICATION New Delhi, the 14th September, 2017 No. 86/2017-Customs (N.T.) G.S.R. 1154(E).—In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby directs that each of… Read More

Govt. Imposes Anti Dumping duty on imports of “Ammonium Nitrate”originating in exports from Russia, Indonesia, Georgia and Iran

[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.44 /2017-Customs (ADD) New Delhi, the 12th September, 2017 G.S.R…. (E). - Whereas, in the matter of import of ‘Ammonium Nitrate’ (hereinafter referred to as the subject goods) falling under… Read More

CBEC exempts goods imported for organising FIFA under 17, world cup, 2017

[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.75/2017-Customs New Delhi, the 13th September, 2017 G.S.R. __ (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962),… Read More

Avail tax deductions under Section 80C to Section 80G

The Income Tax department of India offers tax deductions which help everyone to save tax legally by appropriately making use of the service. It is pretty essential that you invest in more than one avenue as you want to avail better returns with less tax burden. There are various ways in which tax deductions can… Read More

Tags: current fd interest ratesFD interestFixed Depositshighest fd interest ratesTax saving FD

Refund of amount on account of double-payment of Customs

OFFICE OF THE COMMISSIONER OF CUSTOMS (NS-III) MUMBAI ZONE-II, JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA, TALUKA: URAN, DISTRICT: RAIGAD, MAHARASHTRA-400707. F. No. S/22-Gen-150/2015-16 AM (I) Dated 08.09.2017 PUBLIC NOTICE NO. 117/2017 Sub: Refund of amount on account of double-payment of Customs DutyReg. Attention of the Importers, Exporters and all other stakeholders is invited to the… Read More

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