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Comments are invited on the proposal to amend Customs Valuation (Determination of Price of Imported Goods) Rules 2007

March 1, 2017March 1, 2017 TaxIndiaUpdates In0 comments1613 views

Stakeholder consultation/comments are invited by 8th March, 2017 on the proposal to amend Customs Valuation (Determination of Price of Imported Goods) Rules, 2007 on email ID kshitendra.verma@nic.in Public consultation on the proposal to amend Customs Valuation (Determination of Price of Imported Goods) Rules, 2007 The … Continue Reading →

Service Tax

CBEC Draft Master Circular on Show Cause Notice, Adjudication and Recovery

January 21, 2017January 23, 2017 TaxIndiaUpdates In0 comments5321 views

CBEC Instruction/Letter Dated: 19th January, 2017 : Board is considering issuance of a Master Circular on Show Cause Notice, Adjudication and Recovery by consolidating 85 circulars of Central Excise. The said master circular intends to compile relevant legal and statutory provisions on the subject by including … Continue Reading →

Central Excise

Now Full Cenvat Credit is Allowed on Import of ships boats etc.

February 1, 2016 TaxIndiaUpdates In0 comments3209 views

. CBEC vide its Notification No. 01/2016 – Central Excise (N.T) dated February 01, 2016 remove the restriction of allowability of Cenvat Credit of the additional duty of customs paid under sub-section (1) of section 3 of the Customs Tariff Act, on ships, boats and other floating structures for … Continue Reading →