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Default in payment of excise duty: Meaning and consequences
In law most of the things are prescribed in the statute and ever
Valuation of physician sample manufactured on contract
Valuation of physician sample, or for that matter any product manufactured for free distribution rather than for sale have always been a contentious issue. This paper is an attempt to examine the issues so as to explain some of the confusing points.I
Impact of non submission of export intimation within the prescribed time in case of ct-3
The perception of law should as it helps the implementation of law effectively. Law is framed for the assesse in which they will able to pay effortlessly Central Excise duty and follow the all principal of the Central Excise law. If there is any prov
Committees and Mechanism to be formed under CA, 2013
Here is a small tabular summary of the committe of mechanism to be adopted by the companies under Companies Act, 2013 S.No. Committee/Mechanism to be adopted Applicability Constitution Section and Rules applica
How to Purchase house in USA- Legal Provisions & clauses?
How to Purchase house in USA- Legal Provisions & clauses? ( For Indian Resident)Q1. Who is Indian Resident? RBI clauses applicability? Ans. The conditions for a person to be resident of India are as follows under section 2(v) of the FEMA Act:(v)
Good Morning GST
After coming back from my weeklong travel for work, I resumed morning walk at our condominiums park in Gurgaon. Fully grown magnolia trees with white waxy flowers, flat trimmed bushes, green grass that had recently undergone horticulture maint
Crossroads: What after the CA degree?
It was 8th August, 2014. The Judgment Day for every CA student giving his attempt in May2014. Tension, fear, excitement There was a gush of lot of emotions flowing through. The next 40 years of life were to be written on the ICAI&rsquo
CSR- Commitment towards social good
CSR- Commitment towards social goodCSR is the process by which an organization thinks about and evolves its relationships with stakeholders for the common good, and demonstrates its commitment in this regard by adoption of appropriate business proces
How to prevent instances of Fraud in Organizations? Some true stories
Under the new Companies Act 2013, in the Internal Financial Controls, to be instituted by the Board of Directors, one of the requirements is Preventing Frauds and Errors. In this context, I wish to share with you some true
F.O.R. Destination - Inclusion or exclusion of freight charge
Excise duty is payable on the manufacturing or production of the goods. The amount of excise duty to be paid depends upon the assessable value of the goods. The duty is to be paid on the removal of the goods from the factory premises or any other pla
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