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: due date for vat payment :: Central Excise rule to resale the machines to a new company :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: list of goods taxed at 4% :: VAT Audit :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: TDS :: ACCOUNTING STANDARD
« General »
 Startups that raised funds from angel investors face tax scrutiny
 Tax collection assumptions in India's budget ambitious
 All scrutiny cases, sans search, to be e-assessed
 Key tax changes that will come into effect from April 1
 Eight lakh companies on Income Tax department radar for not filing tax returns
 4 things a taxpayer shouldn’t miss
 Impact on LTCG will be more than 10 per cent
 Here's how much the tax reliefs you want will cost the finance minister
 Companies (Appointment and Qualification of Directors) Amendment Rules, 2018
 How young earners can claim HRA tax exemption with ease
 IT firms eye change in foreign tax credit rule

Govt seeks GST waiver, other sops for Talcher fertiliser plant
August, 30th 2017

The union ministry of chemicals and fertilisers has sought goods and service tax (GST) on the purchase of goods and concession on electricity duty on power generation from the Odisha government to improve the internal rate of return of the 1.27 million tonne capacity Talcher Fertiliser plant.

The project is being revived with an investment of Rs 8,000 crore by a consortium comprising FCI, GAIL, Rashtriya Chemicals and Fertilisers Ltd and Coal India Ltd. The plant will produce urea.

This would be the first fertiliser plant in the country to operate on coal gasification technology. Approximately 25 megawatts (MW) of power is required for running the project.

Apart from GST exemption and concession of electricity duty, the Union government has also sought the state government's support for stamp duty waiver on sub-leasing of land, removal of encroachment over the existing water supply and railway lines and rehabilitation of the revenue village situated within the North Arkhapala block allocated for the project.

The Centre has already completed the process for firm allocation of bridge coal linkage, allocation of North of Arakhapal coal mine, grant of waiver on environment clearance cess on coal and parity with coal price applicable to the power sector.

It may be noted that the fertiliser plant that has been shut since 2002 is expected to start production by September 2020. The Board for Industrial and Financial Reconstruction (BIFR) had announced its closure in 2002 as it was making losses over a period of time.

The Cabinet Committee on Economic Affairs had in 2014 decided to revive the project after a series of deliberations. The demolition process of some of the portions of the plant started after the approval.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

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