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: VAT RATES :: ACCOUNTING STANDARD :: VAT Audit :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: form 3cd :: empanelment :: due date for vat payment :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS
 
 
« Latest Circulars »
 Investment by Foreign Portfolio Investors in Corporate Debt Securities – Review
 RBI-Issuance of Rupee Denominated Bonds (RDBs) Overseas
 Inclusion of “Suryoday Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
  Trade Repository for OTC Foreign Exchange and Interest Rate Derivatives
 RBI to regulate peer-to-peer lending firms
  Export Data Processing and Monitoring System (EDPMS) Issuance of Electronic Bank Realisation Certificate (eBRC)
 Export Data Processing and Monitoring System (EDPMS) Issuance of Electronic Bank Realisation Certificate (eBRC)
 Auction for Sale (Re-issue) of Government Stock (GS)
 RBI-Auction of Government of India Dated Securities September 18, 2017
 RBI releases Handbook of Statistics on the Indian Economy 2016-17
 Sources of Variation in Foreign Exchange Reserves in India during April-June 2017

Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account Furnishing of Statement of Residual transactions - Financial Year 2014-15
March, 30th 2015

RBI/2014-15/521
DGBA.GAD.No.4407/42.01.029/2014-15

March 27, 2015

The Chairman/Chief Executive Officer
All Agency Banks

Dear Sir / Madam,

Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account – Furnishing of Statement of Residual transactions - Financial Year 2014-15

Please refer to Circular DGBA.GAD.No.H - 4285/42.01.029/2014-15 dated March 25, 2015, advising the procedure to be followed for reporting and accounting of collection of Direct Taxes (CBDT) and Indirect Taxes (CBEC) and transactions of Departmentalised Ministries at the Receiving/Nodal/Focal Point branches of your bank for the Financial Year 2014-15.

2. In view of the bank holidays from April 1 to 5, 2015 in various centres, the reporting of the actual position of revenue collection for the financial year 2014-15 may get delayed. In order to ensure prompt reporting of the tax collection figures for the year ending March 2015, the following procedure may be adopted. In the normal course, the settlement figures with Reserve Bank of India, Central Accounts Section (CAS) are captured in the daily reporting of agency banks to them while the pipeline residual transactions are reported till April 15, 2015.

In addition to the above, agency banks are advised to provide the residual figures separately for MIS purpose as per format given in the Annex on a daily basis for April 1, 2 and 3, 2015 to email. For this purpose agency banks may arrange to keep such branches, Focal Point Branches, Link Cells and other administrative offices open as may be required.

3. It is also imperative that agency banks report their March 2015 collections including residual transactions to NSDL and CBDT/CBEC promptly without any delay.

Yours faithfully

(K. Ganesha)
Deputy General Manager

Encl : one


Annex

(Statement to be furnished on April 1, 2015, April 2, 2015 and April 3, 2015)

Reporting of March Residual Transactions – March 2015

Name of the Bank:

Position as on:

(Amount in Rupees)
Tax Particulars (1) Mode of Collection(2) Total tax collections (3)
(4+5)
Out of which already been reported to CAS
(4)
The remaining portion which has to be reported and settled
(5)
CBDT (ZAO wise) Physical      
Electronic      
CBEC (ZAO wise) Physical      
Electronic      
Departmentalised ministry accounts and others Physical      
Electronic      
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

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