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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« VAT (Value Added Tax) »
 Filing of online return for 4th quarter of 2017-18 extension of period thereof.
 No Cenvat credit admissible on outward transportation services from factory to buyer’s premises
  Filing of reconciliation return in form 9 for the year 2016-17
 Govt may send notice to 162 companies; ask for VAT returns
 Cenvat Credit Is Not Income Liable To Be Taxed
 Cos wanting to claim VAT refund on employees' foreign stay can get professional help
 Regarding disposal of pending form DVAT 04 & 07 Form Applications
 Disposal of pending Form DVAT 04 & Form DVAT 07 applications: regarding
 Cenvat Credit Rules, 2017 III Part
 VAT phased out in TS
 Cenvat Credit Rules, 2017 II Part

VAT exemption on cooking gas to continue: Rather
November, 03rd 2012

Finance minister,. Abdul Rahim Rather, today announced that exemption of Value Added Tax (VAT) on domestic cooking gas from April this year will continue in future also to provide respite to the people.
He said the state exchequer had to bear the burden of Rs. 17 crore on this account during first seven months of the current fiscal, an official spokesman said.

Speaking at the quarterly review meeting of the commercial tax department, Kashmir division, Rather said that the states development is subservient to the tax collection adding that the commercial tax department should launch a vigorous campaign against tax defaulters and their abettors irrespective of their status and position. He said there are stringent laws to deal with defaulters with iron hand but they are provided one more opportunity to clear their arrears as early as possible before any action is initiated against them.

Rather also called for greater coordination between the J&K Bank, Accounts & Treasuries and Commercial Taxes departments to streamline tax realisation system adding that strict action would be taken against the defaulting officers for any lapses and negligence in the tax collection process.

The minister urged for making the tax collection system more people friendly so that tax payers do not feel any kind of inconvenience.

He instructed the commercial taxes officers to ascertain that money collected from tax payers is immediately deposited adding that there should be no unnecessary retention in this regard. He also called for pursuing the court cases vigorously to vacated stays on them.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

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