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Oct 14, 2012

MCA notifies class of companies for e-filing of form No. 23AC/23ACA using XBRL taxonomy

MCA notifies class of companies for e-filing of form No. 23AC/23ACA using XBRL taxonomy

Posted: 13 Oct 2012 08:19 PM PDT

NOTIFICATION [F.NO. 17/161/2012 - CL.V], The following class of companies have to file their Balance Sheet. Profit and Loss Account and any other document as required under section 220 of the Companies Act, 1956 with the Registrar using the Extensible Business Reporting Language (XBRL) taxonomy...

Whether the Cenvat Credit is available on the strength of Xerox Copy of Bill of Entry?

Posted: 13 Oct 2012 02:30 AM PDT

In the present case, during the course of scrutiny of the records of M/s Shah Precicast (P) Ltd. (Respondent), it was found that they had taken Cenvat credit on the strength of the Xerox copy of the bill of entry. Therefore, the Revenue issued a show-cause notice for wrong availment of Cenvat...

Regarding extension of the notification benefit to DVD ROMs along the lines of CD ROMs under Notification no. 12/2012-Central Excise, dated the 17th March, 2012

Posted: 10 Oct 2012 07:41 PM PDT

Notification No. 37/2012-Central Excise, New Delhi, the 11th October, 2012 G.S.R. 760(E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do,...

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