CBIC instructs field formations to be diligent before issuing Show Cause Notices basis difference in Income Tax Returns vis-à-vis Service Tax Returns
CBIC instructs field formations to be diligent before issuing Show Cause Notices basis difference in Income Tax Returns vis-à-vis Service Tax Returns We apprised you that Service Tax Authorities are issuing Show Cause Notices (‘SCN’) demanding Service Tax for...
Applicability of Social Welfare Surcharge exemption when Customs Duty is exempt under Advance Authorization & other Notifications
Applicability of Social Welfare Surcharge exemption when Customs Duty is exempt under Advance Authorization & other Notifications This Outlook is to apprise you regarding recent investigations initiated by Customs authorities to recover Social Welfare Surcharge...
Constitution of the Committee for determining RoDTEP rates on exports made by AA holders / EOU / SEZ units and correction of other errors/anomalies
Constitution of the Committee for determining RoDTEP rates on exports made by AA holders / EOU / SEZ units and correction of other errors/anomalies We shared booklet detailing basic concepts, procedures and key issues relating to Remission of Duties and Taxes on...
Exclusion of services, capping and reduction of benefit under SEIS scheme amenable to challenge before the Constitutional Courts
Exclusion of services, capping and reduction of benefit under SEIS scheme amenable to challenge before the Constitutional Courts Similar to cap brought under Merchandise Exports from India Scheme (‘MEIS’) benefits for the period September to December 2020, the Central...
