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Oct 26, 2009

UPDATES FROM TAX GURU (Excise, Service Tax, Vat Circulars)

UPDATES FROM TAX GURU



Procedure to know CIBIL rating / score

Today, everyone is aware of the word CIBIL. The Credit Information Bureau India Ltd. keeps the track on the creditworthiness of an individual. They have information about a person's creditability. Cibil rates a person according to his/her payment...


Exemption to taxable services referred to in section 65(105)(zzzza), in relation to execution of a works contract related to canals

exempts the taxable service referred to in sub-clause (zzzza) of clause (105) of section 65 of the said Act, in relation to execution of a works contract in respect of canals, other than those primarily used for the purposes of commerce or industry,...


MVAT circular on extension of date for filing refund application electronically

In exercise of the powers conferred by sub-rule (2) of rule 17A of the Maharashtra Value Added Tax Rules, 2005, the requisite notification cited at reference was issued. As a result of this notification every registered dealer who is entitled to...


Customs Circular on Procedure for import of diamonds for certification and grading and re-export

A new scheme under paragraph 4A.2 has been introduced in the Foreign Trade Policy 2009-2014 (FTP) for import of diamonds for certification and grading and re-export thereof. Procedure in this regard has also been specified under paragraph 4A.14 of...


Central Excise Notification on exemption of packing material with brand name or trade name of another person

Central Excise - Notification No. 24/2009 Dated Wednesday, October 21, 2009 -Exempts Packing materials, namely, printed cartons of paper or paper board, metal containers, high density polyethylene woven sacks, adhesive tapes, stickers, pilfer proof...


IT dept sending email on Quality of Data and Matching of TDS / TCS Claims in your E-Return

To enable you to ascertain the extent of matching of your TDS / TCS claims in the Income Tax Return filed by you with the TDS / TCS reported by the tax Deductors /Collectors. In case the matching is 100%, you may be assured of accurate credit and...



With Regards, 
CA Sandeep Kanoi 
Website: http://www.taxguru.in/ 
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UPDATES FROM TAXGURU