Clarification on computation of exemption and eligibility and exemption limits and other related issues for small scale industries [SSI] exemption under Notification No. 8/2003-CE dated 1st March 2003 in respect manufacturer or principal manufacturer of articles of jewellery or parts of articles of jewellery or both Circular No. 1040/28/2016 – CX F. No. 354/25/2016 –… Read More »
Circular No. 1041/29/2016 – CX F. No. 354/25/2016 – TRU (Pt.-I) Government of India Ministry of Finance (Department of Revenue) Tax Research Unit ***** New Delhi, the 26th July, 2016 To, Principal Chief Commissioners / Chief Commissioners of Central Excise (All); Principal Chief Commissioners / Chief Commissioners of Customs & Central Excise (All); All Director… Read More »
Circular No. 1042/30/2016 – CX F. No. 354/25/2016 – TRU (Pt.-I) Government of India Ministry of Finance (Department of Revenue) Tax Research Unit ***** New Delhi, the 26th July, 2016 To, Principal Chief Commissioners / Chief Commissioners of Central Excise (All); Principal Chief Commissioners / Chief Commissioners of Customs & Central Excise (All); All Director… Read More »
Circular No. 1043/31/2016 – CX F. No. 354/25/2016 – TRU (Pt.-I) Government of India Ministry of Finance (Department of Revenue) Tax Research Unit ***** New Delhi, the 26th July, 2016 To, Principal Chief Commissioners / Chief Commissioners of Central Excise (All); Principal Chief Commissioners / Chief Commissioners of Customs & Central Excise (All); All Director… Read More »
Circular No. 1044/32/2016 – CX F. No. 354/25/2016 – TRU (Pt.-I) Government of India Ministry of Finance (Department of Revenue) Tax Research Unit ***** New Delhi, the 26th July, 2016 To, Principal Chief Commissioners / Chief Commissioners of Central Excise (All); Principal Chief Commissioners / Chief Commissioners of Customs & Central Excise (All); All Director… Read More »
Circular No. 1045/33/2016 – CX F. No. 354/25/2016 – TRU (Pt.-I) Government of India Ministry of Finance (Department of Revenue) Tax Research Unit ***** New Delhi, the 26th July, 2016 To, Principal Chief Commissioners / Chief Commissioners of Central Excise (All); Principal Chief Commissioners / Chief Commissioners of Customs & Central Excise (All); All Director… Read More »
CASS – Instruction No. 2 DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 F.No. System/ITBA/Instruction/Assessment/ CASS Cycle 2/2016-17/ Dated: 25/07/2016 The Principal Chief Commissioner of Income-Tax/ CCsIT (By Name) Ahmadabad / Allahabad / Amritsar / Bangalore / Baroda / Bhopal / Bhubaneswar/ Bareilly / Chandigarh / Chennai / Cochin / Coimbatore… Read More »
F.No. 225/193/2016/ITA.II Government of India Ministry of Finance Department of Revenue (CBDT) North Block, New Delhi, the 25th of July, 2016 To All Principal Chief Commissioners of Income-tax Sir/Madam Subject: Corrigendum regarding the ‘Letter Template’ issued vide letter of Board dated 22.07.2016 in connection with handling of AIR transactions without valid PAN-regd.- Please refer to the above communique… Read More »
Paperless PAN and TAN application process: The CBDT announced a digital signature certificate-based application procedure to companies to apply via portals of Permanent Account Number (PAN) service providers. Under the new process, PAN and TAN will be assigned within one day after completion of a valid on-line application. Read a July 2016 report of KPMG
Cross-charge transactions under GST Cross-charge transactions under GST : An update on the draft GST law concerns: Read a July 2016 report of KPMG In this edition of GST updates, we shall analyse (a) the taxability of typical transactions between a head office and its branch offices, and (b) credit optimisation in case of centralised billing from… Read More »