Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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: due date for vat payment :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: TDS :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: list of goods taxed at 4% :: VAT Audit :: VAT RATES
Indirect Tax »
 Things You Should Know Before Filing Your Income Tax Returns (ITR)
 All education loans do not get income tax benefits
 FM Arun Jaitley to focus on direct and indirect taxes
 Income Tax For Individuals – Assessment Year 2019–20
 States set separate dates to implement e-way bill
 What are direct and indirect taxes?
 Indirect transfer conundrum continues
 We expect significant changes in income tax slabs, say taxpayers
 Indirect taxes collection could fall short of target due to GST
 Indirect Tax Collection Under Gst Goes Down By 30 Percent
 What is a belated income tax return and what are its consequences

Indirect tax kitty swells to Rs 33100cr
March, 23rd 2010

The hike in rates of excise and customs duty in the Budget has given the revenue department the much required push in bridging the gap to meet revised indirect tax estimates of Rs 244,477 crore for the current financial year ending March 31.

Sources said the estimates made by Central Board of Excise and Customs for March puts indirect tax collection at Rs 33,100 crore in the last month of this fiscal. The jump is mainly on account of better excise mop up which is likely to rise by 33% and huge Customs duty collection, 80% higher than the same period last year.

As of February, the total collection in indirect taxes was at Rs 2.09 lakh crore, nearly Rs 35,000 crore short of the revised estimates.

The revenue department is hopeful of getting the remaining Rs 2,000 crore from cess collected by other departments.

Though the exact indirect tax collection figures will be available only at the end of the month, sources said CBEC is hopeful of getting Rs 11,800 crore in excise, Rs 10,500 crore towards Customs and Rs 10,800 crore towards service tax in March 2010.

Government had revised gross tax revenue at Rs 6.33 lakh crore for 2009-10 from its initial budget estimates of Rs 6.41 lakh crore. In 2008-09 the collection was Rs 6.05 lakh crore. The downfall is mainly on account of less Customs and service tax collection.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

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