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 Gujarat slashes tax on ATF by 5 per cent
 CENVAT Credit can’t be denied If ISD invoices issued for distribution of ITC prior to Registration
 1 step forward, 2 steps back. Is GST going the VAT way?
 1 step forward, 2 steps back. Is GST going the VAT way?
 Pending VAT comes to haunt companies claiming input tax credit
 One-time settlement of VAT, excise disputes in the works
 Haryana government uploads photos of VAT defaulters
 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

FMs empowered panel meet from January 9
December, 23rd 2011

A two-day meeting of state finance ministers' empowered committee will be held at Bhopal from January 9. The meeting will discuss issues related to finance and taxes.

During the inaugural day session, discussions will be held in context of recommendations made by the committee comprising principal secretaries, secretaries and commercial taxes commissioners regarding a concept-paper of negative list of services. Discussions will also be held on the CST (compensation of profession tax) status, VAT and non-VAT revenues and other related matters.

On January 10, presentations will be made by various states on best IT practices. Besides, composition and compounding schemes, audit procedure followed by various states, status of e-return and other issues will also come up for discussions.

Experts are also likely to discuss many other important issues on the occasion.

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