TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, IN PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2008 Notification No.32/2008-Service Tax G.S.R. (E).- In exerci..
CLARIFICATION REGARDING REVERSAL OF CENVAT CREDIT IN CASE OF TRADE DISCOUNT CIRCULAR NO. 877/15/2008-CX, DATED 17-11-2008 Representations have been received from trade and industry seeking clarification on the issue whether proportionate credit should be reversed in cases where a manufacturer a..
Instructions regarding Large Taxpayer Unit Circular No. 878/16 /2008-CX, dated 21-11- 2008 I am directed to invite your attention to para VI of the Board’s Circular No. 834/11/2006-CX dated 05.10.2006 wherein the large taxpayers were requested to opt for e-payment of taxes.&n..
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3 SUB-SECTION (i) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) ..
Government has fully exempted certain taxable services from service tax, provided to a goods transport agency (GTA) by their sub-contractors. A notification, No.1/2009–Service Tax, to this effect was issued by the Department of Revenue, Ministry of Finance, here today. These services are..
Ad valorem rates of excise duty cut to 10%, 8% and 4% from today; No change in rates for petro products The highlights are as follows: ++ Central Excise The three major ad valorem rates of Central Excise duty viz. 14%, 12% and 8% applicable to non-petroleum products have been reduced by 4 p..
Ad valorem rates of excise duty cut to 10%, 8% and 4% from today; No change in rates for petro products The highlights are as follows: ++ Central Excise The three major ad valorem rates of Central Excise duty viz. 14%, 12% and 8% applicable to non-petroleum products have been reduced by 4 p..
CIRCULAR NO 97/6/2007-ST, Dated : August 23, 2007Subject:- Procedural issues in Service Tax-circular-reg. Since the inception of the levy of service tax vide Chapter V of the Finance Act, 1994 (hereinafter called the Act) and rules made thereunder from time to time, a number of circulars/clarificati..
CIRCULAR NO 97/6/2007-ST, Dated : August 23, 2007 Subject:- Procedural issues in Service Tax-circular-reg. Since the inception of the levy of service tax vide Chapter V of the Finance Act, 1994 (hereinafter called the Act) and rules made thereunder from time to time, a number of circulars/c..
CIRCULAR NO 96/6/2007-ST, Dated : August 23, 2007 Sub: Clarification on technical issues relating to taxation of services under the Finance Act, 1994 – Regarding. Service Tax was introduced in the year 1994 with three taxable services. At present, one hundred services are specifi..