Good (economics)

Data on Import of sub-standard product from China

The details of cases of import of sub-standard products from China detected by the Customs Department for the last four years is as under: Year Number of Cases Value of goods involved (Rs.in Crores) Duty involved (Rs. In Crores) Fine/Penalty imposed  (Rs.inCrores) 2009-10 49 2.802 0.432 1.0518 2010-11 3 0.746 0.013 0.049 2011-12 - - - - 2012-13 (uptoFebruary, 2013) - - -… Read More

Tags: AppliancesChinaDumping (pricing policy)Duty (economics)Gazette of IndiaGood (economics)New DelhiQuality Control

Punjab VAT :: Amendments towards implementation of E-trip in Punjab

Punjab VAT Act, 2005 has been amended empowering the Excise & Taxation Commissioner, Punjab to implement electronic governance for carrying out various provisions of the Act. This may be a step towards implementation of E-Trip in Punjab. A new Section 3-A under the Punjab VAT Act, 2005 has been inserted which runs as follows: 3-A:… Read More

Tags: Constitutional amendmentE-GovernmentGood (economics)ImplementationNew DelhiPunjabTaxValue Added Tax

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