Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: VAT RATES :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: VAT Audit :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: cpt :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment
News Headlines »
 CBDT releases Income Tax Return statistics for last two fiscals
 CBDT issues second round of Certificates of Appreciation to tax payers for their contribution towards Nation building
 FinMin looks at cut in corporation tax
 Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-Chapter XII-EB of the Income-tax Act, 1961- reg.
 India is moving towards a flawed GST
 ICAI to organise two-day international conference in Hyderabad
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers

Hoda panel submits report on DEPB scheme
February, 20th 2007
The Government-appointed Anwarul Hoda committee to formulate a replacement for the existing duty entitlement passbook (DEPB) scheme has submitted its report to the Prime Minister's Office (PMO).

The four-member committee is understood to have recommended that the validity of the DEPB scheme be extended by three more years pending certain Constitutional issues, sources in the Government said.

"The committee's report has been submitted three days back," the sources said, adding that it was now for the Government to take a final call on whether to extend the validity of the scheme or not.

The DEPB scheme serves 30 per cent of the merchandise exports of the country in value terms. In fiscal 2006-07, the country's merchandise exports are expected to touch about $125 billion.

The Finance Ministry has already notified that the existing DEPB scheme would be valid only up to March 31.

With less than 45 days to go before the expiry of the existing DEPB scheme and no replacement scheme having been formulated, the exporting community is anxious about the post-March scenario.

"Unless the Government makes public its intention on this front, it would be difficult for exporters to do costing for future export orders," the sources said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Portfolio

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