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: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: VAT RATES :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: Central Excise rule to resale the machines to a new company :: empanelment :: TDS :: VAT Audit
 
 
Customs and Excise »
 Refund of IGST paid on export of goods under rule 96 of CGST Rules,2017
 Customs And Central Excise Drawback – Part II
 Customs Valuation (Determination of Value of Imported Goods) Rules 2007
 Amendment to Customs Valuation Rules – Notification No. 91/2017 (NT)
 GST on Custom House Agents
 The Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes
 The Customs and Central Excise Duties Drawback Rules, 2017
 Man fleeing from Customs arrested
 Refund of amount on account of double-payment of Customs
 SC paves way for trial against RIL in 1987 excise evasion case
 GST: Govt sets up panel to receive profiteering complaints

New govt should retain the excise duty cut: GM
June, 06th 2014

US auto major General Motors today said the new government in India should continue with the excise duty cut for the sector as announced in the last budget.

"The automobile industry in the country is in bad shape registering a de-growth in the last four months of 2014. The new government in its budget should continue with the excise duty cut as announced in the last budget," GM India vice-president P Balendran told PTI.

Narendra Modi-led BJP government will take charge this week following a resounding victory last week in general election. It is expected to announce the Budget 2014-15 wit hin a couple of months. The interim budget was announced in February by the outgoing UPA II government.

Balendran said that the buyer sentiment was poor due to high interest rates and inflationary pressures. "It will take at least six to nine months for the automobile industry to be back on tracks," he added.

The industry's growth during 2014 is expected to be in single digit, 4-5%, he said. "We hope to grow at par with the industry."

Earlier, GM India had announced that the company would start exports of its products from later part of this year.

"We are yet to finalise the export strategy. But it will be done soon," he said.

So far, the company had been exporting to Nepal and Bangladesh in a small way, he said.

Yet to reach break-even, GM India made operational profits in 2004 and 2005.

"Once the demand picks up, the company is ready to ramp up production at its Halol and Talegaon plants," he said.

Both the plants have a combined capacity of 2.82 lakh units per year.

 
 
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 Experience

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