seeks to levy provisional anti-dumping duty on Hot-rolled products of alloy or non-alloy steel imported from China, Japan, Korea RP, Russia, Brazil and Indonesia. Notification No 44/2016-Cus (ADD), dt. 08-08-2016
Draft Circular / / 2016-Service Tax F. No. 137/29/2016-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Service Tax Wing Dated August 2016 To All Principal Chief Commissioners of Central Excise All Chief Commissioners of Central Excise/ Service Tax Principal Directors General of Service Tax/Central Excise Intelligence/Systems… Read More »
The Aadhaar Bill had done so. Now, the yet- to- be- framed Bills on a national goods and services tax (GST) have stirred a debate, over money Bills versus financial Bills. In a debate on the constitutional amendment in the Rajya Sabha on Thursday, the Congress party wanted Finance Minister Arun Jaitley to commit that… Read More »
Chief Economic Adviser Report on GST Report on the Revenue Neutral Rate and Structure of Rates for the Goods and Services Tax (GST) Source : Press release –Ministry of Finance, 04-December, 2015 Committee headed by the Chief Economic Adviser Dr. Arvind Subramanian on Possible Tax rates under GST submits its Report to the Finance Minister;… Read More »
Govt mulls pruning tax exemption list of GST About 200 items, including premium tea and coffee, ready- to eat food and branded biscuits, could lose tax exemptions when the goods and services tax comes into effect. The Union government is planning to prune the list of excise duty exemptions from the current 300 to the… Read More »
An important objective of the proposed Goods and Services Tax ( GST) is to ensure a uniform tax base, same or similar tax rates, and aharmonised tax regime in India, which would unify India into a single market. However, under the Indian federal system, such need for harmonisation is often in conflict with the principles… Read More »
GST Bill is an ‘enabling amendment’, 3 more laws still needed: Arun Jaitely Union finance minister Arun Jaitley moved the GST Bill in the Lok Sabha on Monday and said that while it is an “enabling amendment”, there still remains work to be done as three more laws have to be created, of which two… Read More »
Text of PM’s address in Lok Sabha on GST Bill on 08.08.2016 आज 8 अगस्त है। अगस्त क्रांति का बिगुल 8 अगस्त को बजा था और महात्मा गांधी ने भारत छोड़ो इस मंत्र के साथ देश को आजादी के पूरे आंदोलन एक बहुत बड़ी तीव्रता के साथ आंदोलित किया था। और 9 अगस्त को आजादी… Read More »