Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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
 
 
 
 
Popular Search: TDS :: list of goods taxed at 4% :: VAT Audit :: due date for vat payment :: form 3cd :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: cpt :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: VAT RATES
 
 
« News Headlines »
 Regarding Filing of online return for first quarter of 2017-18 extension upto 01-09-2017
 Deadline to file returns extended to 28 August for biz with transitional
 GST input tax credit form
  How to rectify income tax returns
 Govt extends tax exemption for industry in North East, hilly states
 Should you file revised Income Tax returns; find out here
 Tax Deducted at Source (TDS) in Goods & Services Tax (GST)
 10 companies that blamed GST for soft June quarter
 How will GST impact the Indian economy
 10 days left to file your first GST return. This is how you do it
 What is property tax and how is it calculated…

Centre, States in talks for refunding export taxes
December, 21st 2007

Relief for exporters: The Union Minister for Industry and Commerce, Mr Kamal Nath, and the President of PHD Chamber of Commerce and Industry, Mr Sanjay Bhatia, during the 102nd annual session of the chamber in the Capital on Thursday.

The Centre is in discussions with the States on the issue of formula for refund of all State-level taxes borne by exporters, the Commerce and Industry Minister, Mr Kamal Nath, has said.

This is important as States must also be wanting investment of export based industries. There are several formulae under consideration for refund of taxes. Either States themselves can refund/rebate or adjust it against allocation made to them (from the Centre), he told reporters on the sidelines of PHD Chamber of Commerce and Industry (PHDCCI) annual session held here today.

Mr Nath said that States have to generate employment and encourage exports and therefore the Centre was sensitising them on the need to refund/rebate taxes so that no taxes are exported.

The Finance Minister, Mr P. Chidambaram, had on Wednesday urged States to look at refund/rebate of all State-level taxes levied on goods and services exported from the country.

This also implied that the Finance Ministry was not keen to rebate or refund any taxes collected by the States from export goods. The Commerce Ministry was pushing for changes to the DEPB scheme so as to rebate State-level levies to exporters. This was however not acceptable to the Finance Ministry.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

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