Daily Archives: October 22, 2016

CAG ready for GST challenges

By | October 22, 2016

CAG gearing up for audit changes in view of GST rollout As the government goes full throttle to roll out Goods and Services Tax (GST) from April 1, the CAG today said it is ready for the new challenges and will take steps to enhance effectiveness of revenue audit. Comptroller and Auditor General (CAG) Shashi… Read More »

E Book on Principles of Natural Justice

By | October 22, 2016

Principles of Natural Justice INDEX Introduction  Nemo debet essc judex in propria causa  Bias: Pecuniary Bias  Personal Bias  Official Bias  Audi alterem partem Issuance of Notice Notice to Indicate Evidence Being Relied Upon  Return of Non-Relied upon Documents  Right to make Representation Reasonable time to file Reply  Grant of Personal Hearing  Personal Hearing and Decision… Read More »

Panchnama – E- Guide Book for Excise, Custom and Service Tax

By | October 22, 2016

E Book on Panchnama INDEX 1. Introduction 2. Importance of Pancnama in Customs, Central Excise and Service tax proceedings 3. Summary of Legal Provisions 4. Panchas 5. How to draw a Panchnama-Some Basics 6. Types of Panchnama 7. Points to be incorporated in a Panchnama 8. Do’s and Don’ts while recovering Documents 9. Guidelines prescribed by… Read More »

Abbreviations commonly used in Customs, Central Excise and Service Tax

By | October 22, 2016

Abbreviations commonly used in Customs, Central Excise and Service Tax INDEX A B C D E F G H I J L M N O P R S T U V W A AAI :- Airport Authority of India AAR :- Authority for Advance Ruling AC/DC  :-Assistant Commissioner/Deputy Commissioner ACAO  :-Assistant Chief Account Officer ACES… Read More »

Hazardous Materials Labeling and Packaging & Transport

By | October 22, 2016

Labeling and Packaging of Hazardous Materials Abbreviations & Glossary CAS: Chemical Abstract Service [CAS numbers are used to provide a unique, unmistakable identifier for chemical substances and provide an unambiguous way to identify a chemical substance A CAS No. is separated by hyphens into three parts-the first consisting from two to seven digits, the second… Read More »

USA- Retirement Plans Can Make Loans, Hardship Distributions to Hurricane Matthew victims

By | October 22, 2016

Retirement Plans Can Make Loans, Hardship Distributions to Victims of Hurricane Matthew WASHINGTON —The Internal Revenue Service today announced that 401(k)s and similar employer-sponsored retirement plans can make loans and hardship distributions to victims of Hurricane Matthew and members of their families. This is similar to relief provided this summer to Louisiana flood victims. Participants… Read More »