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 VAT and GST in India :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: cpt :: Central Excise rule to resale the machines to a new company :: TDS :: VAT RATES :: form 3cd :: list of goods taxed at 4% :: ACCOUNTING STANDARD
 
 
« News Headlines »
 What to do if you get an income tax notice after demonetisation
 SBI calls for raising income tax exemption limits
 Did you know? The tax exemption on your HRA
 Income Tax Department expands list of deposits, transactions under scrutiny
  Income-tax Act, 1961 read with Rule 114E of Income-tax Rules, 1962
 Master Directions on Access Criteria for Payment Systems
 RBI-Scheduled Bank's Statement of Position in India as on Friday, January 06, 2017 (Revised)
 3 Big Mistakes To Avoid This Tax Season
 The Top 5 Tax Stories Of 2017
 Are multiple service tax rates in the offing?
 All you need to know about claiming tax break on HRA

DEPB scheme extension welcomed
April, 14th 2008
The Synthetic and Rayon Textiles Export Promotion Council welcomed the provisions of the annual supplement to the Foreign Trade Policy announced on Friday.

Mr Sanjeev Saran, Chairman, welcomed the extension of duty entitlement of passbook scheme till May 2009 and the 6-per cent interest payment to exporters on delayed refund of terminal excise duty and central sales tax. This would go a long way in getting timely refund to exporters, he said.

He also welcomed the extension of interest subvention on export finance by one year.

Customs duties cut

The reduction in customs duties from 5 per cent to 3 per cent payable under the EPCG (export promotion capital goods) scheme and the move to allow exports made towards fulfilment of export obligation under EPCG scheme to be eligible for incentives under promotional schemes, were also positive, he said.

He added that these might go a long way in helping exporters take advantage of the scheme for modernisation of the textile industry.

The inclusion of countries such as Albania, Djibouti, Sudan, Ghana and Colombia under the Focus Market Scheme would help in increasing exports to these countries, he said.

According to him, it was disappointing that no measures were introduced to refund State-level taxes, which for long have been a demand of the exporters. Also, the textile industry would have liked to be included under the Focus Product Scheme, he said.

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

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