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: VAT RATES :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: cpt :: due date for vat payment :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: TDS :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: VAT Audit
 
 
VAT (Value Added Tax) »
 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
 Cenvat Credit Rules, 2017 – Part I
 How much do you know about VAT as a taxpayer?
 New tax structure not higher than VAT

Coir Board seeks removal of VAT on its products
December, 09th 2010

The Coir Board Chairman Mr V S Vijayaraghavan has suggested removal of VAT on coir products and introduction of a uniform 4 per cent VAT on rubberised coir products.

Speaking at the Coir Board's review meeting in New Delhi, the Chairman pointed out that presently VAT on coir products in other States varied from 12.5 to 14.5 per cent, while it is levied at zero per cent in Kerala. Similar is the case of rubberised coir products which is fixed at only 4 per cent in Kerala whereas it is higher in other states. He sought exemption on excise duty for coir products and machineries supplied to beneficiaries under various Central Government schemes.

Speaking at the meeting, Mr Udaya Kumar Varma, Secretary, Union Ministry of MSME, has stressed the need to reorient the Board's marketing strategies and welfare schemes with a view to enhancing exports, increasing domestic market consumption and improving productivity in the coir sector.

Mr Varma also suggested bestowing greater attention on implementing schemes such as Rejuvenation, Modernisation and Technology Upgradation (REMOT) and welfare measures beneficial to the workers at the grassroots level.

Later, at a pre-budget discussion involving the Khadi and Village Industries Commission (KVIC) and Coir Board, Mr Varma elicited proposals from the Board for inclusion in the budget estimates to be presented during the next fiscal (2011-12).

The Director General of Foreign Trade, Mr Anoop Poojari, also held a sectoral performance review meeting with the Coir Board Chairman and other officials of the Board at which the DGFT exhorted the need to achieve coir products exports worth Rs1,000 crore during the current fiscal.

The Board Chairman suggested enhancement of export incentives to the coir sector similar to those available under the special focus product schemes extended to the handloom sector.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 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