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 :: ACCOUNTING STANDARDS :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: form 3cd :: cpt :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: list of goods taxed at 4% :: empanelment
 
 
Customs and Excise »
 The Customs and Central Excise Duties Drawback Rules, 2017
 Man fleeing from Customs arrested
 Refund of amount on account of double-payment of Customs
 SC paves way for trial against RIL in 1987 excise evasion case
 GST: Govt sets up panel to receive profiteering complaints
 IGST on high-seas sale of imports is levied only during customs clearance
 Central Excise Rules, 2017 – Part II
 Central Excise Rules, 2017 – Part I
 Allocate the charges amongst the Members of the Central Board of Excise and Customs
  Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd.
 4 new members appointed in Central Board of Excise and Customs

2 commissionerates for customs and excise soon
February, 25th 2014

Goa will soon have two separate commissionerates for central excise and customs, to keep up with the increasing volume of tax generated in the state. "The composite commissionerate will be bifurcated in a month's time, and the state will have a separate commissioner for central excise and service tax and a full-fledged office and commissioner for customs," said V P C Rao, commissioner for central excise and customs.

The commissionerate celebrated National Central Excise Day on Monday. Incidentally, 2014 is also the golden jubilee year for the composite commissionerate, which was established in 1963.

"While the commissionerate's annual revenue from central excise is usually close to 450 crore, we do not expect to collect more than 400 crore this year, which was a low growth period. However, our collection of service tax has seen a boost, and we expect revenue of 500 crore from this avenue," said Rao. India earns 1.75 lakh crore from central excise annually.

He added that the commissionerate had recorded revenue of 950 crore from customs duty in 2012-2013. " This was also a low figure; when mining was on in full swing, we collected 4,000 crore from customs alone, every year," Rao said.

Goa's biggest tax assesses are the iron and steel industries, followed by the pharmaceutical industry, Rao said.

On the occasion, the commissionerate awarded its best tax assesses -toothpaste manufacturers Colgate Palmolive India was honoured for paying central excise of 59.22 crore in 2013-14, a figure doubled from its 2011-12 payment of 26 crore. Hotel Grand Hyatt was also awarded for bringing in a large amount of business in terms of events and conferences, and for its service tax contribution.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

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