Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: TDS :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: form 3cd :: VAT RATES :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: articles on VAT and GST in India :: empanelment :: list of goods taxed at 4%
Customs and Excise »
 Ensure transparency in excise department working: Bizmen to government
 It is time to review the customs duty on essential food imports
 Migration to GST of existing Central Excise / Service Tax Assessees
 Rate of exchange of conversion of the foreign currency with effect from 3rd February, 2017
 Budgetary Changes In Customs
 Customs and excise officials upset with GST administration deal with states
 Higher petro excise props up govt tax kitty
 Seeks to further amend notification No. 02/2011-Central Excise dated 1st March, 2011.
  Rate of exchange of conversion of the foreign currency with effect from 21st October, 2016
 Rate of exchange of conversion of the foreign currency with effect from 21st October, 2016
 Seeks to amend Notification No. 27/2014-Central Excise

Goa ore export: PAC hints probe into role of ports, Customs
October, 07th 2011

Goa Legislative Assembly-constituted Public Accounts Committee (PAC) report on illegal mining is learnt to have recommended that the role of ports and Central Excise and Customs be probed in wake of the illegal ore exports from the coastal state.

According to sources, the report, which was handed over to Speaker of Legislative Assembly Pratapsingh Rane today during the session, said that the role of Mormugao Port Trust (MPT), port authorities at Panaji port and Customs also needs to be investigated in view of huge quantities of export that were permitted without documents, to prove the source and legality of the ore.

The state government fighting back to control the export of ore illegally from the state had made mandatory to get 'No Objection Certificate'(NOC) from the State Mines and Geology department before the consignment is dispatched abroad.

While Panaji Port had immediately implemented the government guidelines in November last year, the MPT had delayed in implementing it as late as January, 2011. The PAC report has said that of the total 54 million
metric tonne of ore exported during financial year 2010-11, almost 5.5 million metric tonne was sent illegally by evading royalty.

Sources said the report has said that of the total ore exported almost 18-20 million metric tones has been illegally extracted without proper licences.

The PAC, chaired by Leader of Opposition Manohar Parrikar has also recommended that the administrative set up of Directorate of Mines and Geology needs to be strengthened immediately by appointing, on deputation, senior officers in the department to increase its strength and improve its functioning, they said.

The Committee, it is learnt, has established that lack of proper records in all probability is done to allow illegal mining go unchecked.Sources stated that a detailed external audit is required to find out the exact data about illegalities as the figure that were submitted to committee were modified time and again.

The report has already run into controversy before it was tabled after ruling party members on the committee refused to sign the document.Parrikar said he has already submitted the report to the Speaker and it is for him to decide on it.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
E-catalogue online catalogue E-brochure online brochure online product catalogue online product catalogue e-catalogue Indi

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions