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: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: ACCOUNTING STANDARDS :: VAT RATES :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: VAT Audit :: Central Excise rule to resale the machines to a new company :: cpt :: ACCOUNTING STANDARD :: due date for vat payment
 
 
« General »
 DHFL loan to Manpreet Estates under tax scan
 Council acts to ease cascading tax impact on petroproducts
 Income Tax comes a cropper tracking shell firms
 Income Tax returns: Is rental income from property taxable in hands of homeowners?
 Tax department to engage with corporates to spur receipts
 Furnish Form 67 to claim foreign tax credit in India tax return
 GST: Commerce ministry to write to finance ministry over trademark rule
 GST: Govt issues clarification to address service tax issues, misses key concerns
 How to file LUT/Bond for SEZ units under GST
 Exemption From Capital Gains On Sale Of Agricultural Land
 FinMin wants RBI to lower rates, boost domestic demand

State government levies take sting off tax breaks for cars
January, 07th 2009
The Centre proposes, the state disposes. The Central governments plan to revive demand for the ailing car industry with excise duty cuts totalling 8 per cent is coming undone because of state-level levies that substantially negate the price effect. Atleast six states, including Andhra Pradesh, Tamil Nadu, Karnataka and Gujarat have increased road taxes after excise duties on small cars were slashed by 4 percentage points in February 2008. Some 10 states including Delhi are looking to hike road taxes again after the second round that came as part of the stimulus package last month. So, the price tag in the showroom means very little. The industry needs a big bang approach and the government has already done its bit by affecting the CENVAT (Central value added tax) cut in December. In many cases however, it could be negated by states raising registration and road taxes or imposing new taxes, said Dilip Chenoy, Director General, Society of Indian Automobile Manufacturers (SIAM). In the last one year, a number of states have tried to transfer the benefits of central excise cut to their coffers. Gujarat for example, imposed a 20 per cent surcharge on VAT in April, while Tamil Nadu and Karnataka raised road tax by 2 per cent in June and August.
 
 
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