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: TDS :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: cpt :: form 3cd :: ACCOUNTING STANDARD :: VAT RATES :: due date for vat payment :: ACCOUNTING STANDARDS :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
Customs and Excise »
 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
 Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd.
 Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017
 Central Board of Excise and Customs to soon notify new procedural framework
 CBEC set to be Central Board of Indirect Taxes and Customs
 Govt to give customs, excise duty benefits to boost solar rooftop sector

DMK sings Opposition tune for rollback of import duty hike on gold
March, 28th 2012

Key UPA ally DMK today joined the Opposition in demanding rollback of hike in import duty on gold from 2 per cent to 4 per cent fearing it would encourage illegal trade of the precious metal.

Participating in the Budget debate in Rajya Sabha, DMK leader Kanimozhi said, "Increase in import duty on gold to 4 per cent is bound to put pressure. It will lead to smuggling."

Higher import taxes on gold would affect demand in India, where households view the precious metal as a saving instrument, she said.

Gold demand in India, the world's biggest consumer, stood at 933 tonnes in 2011, she said.

Bullion traders and jewellers are on strike across the country since March 17 protesting against the budgetary proposal to impose excise duty of one per cent on unbranded precious jewellery, and doubling of customs duty on standard gold bars and coins to four per cent.

On income tax exemption, Kanimozhi said, "the Budget ignored working women" and demanded that tax exemption be raised for this section of society.

Expressing displeasure over the proposal to disinvest PSUs, she said the government should re-think on its proposal to raise Rs 30,000 crore through disinvestment.

"Re-think on this. Is this the only solution to raise capital? We must explore other avenues," she said.

She also expressed concern over "poor" budgetary allocation for some schemes focused on women and child development.

The DMK member also demanded a separate department to focus on differently-abled people and excise duty exemption on a food item "sago", widely used in Tamil Nadu.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Privacy Policy

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