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: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: ACCOUNTING STANDARDS :: TDS :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: due date for vat payment :: VAT Audit :: cpt :: form 3cd :: ACCOUNTING STANDARD :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India
 
 
Service Tax »
 GST rollout uncertainty hits Budget 2017 calculations
 GST now set for July 1 roll-out, dual control hurdle finally over
 Grant of Registration under DVAT and CST
 Do not raise service tax, says Chamber
 Excise, service taxpayers to migrate to GST portal by Jan 31
 Centre, state governments work on formula for 'GST on high seas'
 What is service tax?
 Tax to bring transparency, benefit companies operating in state, says Gujarat CM Vijay Rupani
 PAN a must for excise, service taxpayers for GST registration
  Service Tax for Internet Based Services in India from December 2016
 Way ahead for GST with certain provisions

AP to ask Centre to settle tax refund, land issues for IT sector
March, 01st 2012

With service tax refunds to IT companies in Andhra Pradesh mounting, the State Government will write to the Union Finance Ministry to resolve the issue quickly.

The State Minister for IT&C, Mr Ponnala Lakshmaiah, who reviewed the situation said its time an institutional mechanism was evolved to streamline the matter. Tax refunds for the ICT sector in Andhra Pradesh are huge and pending since 2008.

According to IT industry sources, the estimated total refunds due would be in the range of Rs 300-400 crore. It was around Rs 250 crore for two dozen big companies itself.

The Minister held a joint meeting with the Commissioner, Service Tax and IT Industries Associations here yesterday. The Minister expressed concern about the large refund outstanding towards the ICT sector.

In another review with the Andhra Pradesh Industrial Infrastructure Corporation (APIIC), the Minister was briefed about several pending issues. Pending court cases, allotment of land in Hyderabad and Visakhapatnam to industries, issues pertaining to land for TCS and Cognizant, were discussed.

An update on the proposed gaming and animation park and the IT towers in Warangal, Visakhaptanam and Tirupati were provided to the Minister by the Secretary IT, Mr Sanjay Jaju, and the Managing Director of APIIC, Mr B.R. Meena.

Mr Ponnala advised the two officials to draw a stipulated timeframe for each of issues discussed and sort them out.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Outsourcing Test Solutions Software Testing Software Bug Testing Software Issues Tracking Software Issue Fix Software Code Optimization Database Design Optimization

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