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
Latest Expert Exchange
Service Tax »
 12 ways to avoid paying more for bank services
 I-T return filing: Income Tax offices, Ayakar Seva Kendras to remain open from March 29-31
 Top 5 money matters you must settle before March 31 From income tax returns to LTCG,
 Steep fines for missing March 31 income tax deadline
 CBEC clears some air on refunds under GST, central excise, service tax laws
 3 key tax changes for senior citizens which will come into effect from April 1, 2018
 Income tax returns (ITR) filing: Not filed returns for 2 years? Beware! Deadline nearing
 All you want to know about HRA: When you can claim and how it is calculated?
 Income Tax Saving: 6 ways to save tax without investing before March 31 tax deadline
 Unnable to file your tax return? Take help of these portals
 Do you know which 80C instruments can help you save tax and carry no future tax liability?

Mangaluru Central Excise and Service Tax Commissionerate eyes revenue
February, 25th 2016

The Central Excise and Service Tax Commissionerate has collected central excise revenue of Rs 8,325 crore and service tax revenue of about Rs 563 crore up to January registering growth of about 127% and 30% respectively. The total revenue mop up this fiscal year is expected to exceed Rs 11,000 crore. Concerted efforts by way of recovery of arrears, anti-evasion has resulted in mobilising additional revenue of over Rs 31 crore.
Stating this in his key-note address at the Central Excise Day on Wednesday, M Subramanyam, commissioner of central excise and service tax said the Bureau of Indian Standards has awarded the IS 15700 license to the Commissionerate and it has been the endeavor of the department to further improve the quality of services being provided to the assesses. The grievance redressal mechanism has been further strengthened.

Complaints received are being attended to on priority and the grievances are being redressed expeditiously. In line with Central Government's flagship programmes, namely, Make in India and Ease of Doing Business, several trade facilitation measures have been taken by way of automation and simplification of tax laws and procedures. Detailing such measures, Subramanyam informed that registration is now being granted in two days.
Tax payers service centres have been set up; tax payers could meet senior officers without any appointment; payment of arrears in installments; monetary limits to file appeals before various appellate authorities have been increased to reduce litigation; under the centralized web based and work flow based applications, several digital services are being provided like e-registration, e-filing, e-payment of duty, and e-payment of rebate/refund.
Jai Kumar Garg, managing director and chief executive officer of Corporation Bank stressed on the role of officers of Central Excise Department and improvement in the technology front adopted by the department in enhancing the revenue collection. H Kumar, MD, MRPL said continued interaction with Central Excise department clearly shows they are performing their roles both as tax facilitators and spearheading government new initiatives.

The day though commemorates enactment of Central Excises and Salt Act in 1944, is celebrated to improve fraternity among officers of the department and help trade to ensure tax compliance. On this occasion, the department organized blood donation camp on Tuesday and felicitated Central Excise and Service Tax assesses who have contributed maximum revenue to the exchequer and shown substantial increase in duty payment.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Wholesale Silver Jewelry

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