201512.31
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GST Update As on 31.12.2015

GST Update 1.Shrinking Cong Strength in RS Will Make GST Happen: Jaitley. Since ,In 2016 The Strength of Congress Will Reduce In Rajya Sabha. 2. Finally August – September 2016 Seems To Be A Realistic Time For Implementation of GST In India. 3. Medicines( Pharma ) & Clothes( Textiles ) Will Attract approx 12% GST…

201512.23
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GST Updates December 2015

GST Final Drafts Shall Be Released By The End Of January 2016 For Feedbacks. GST Tech Framework Project Wil Be Completed by Infosys , worth approx Rs 1400 crores , Latest By March – April 2016 . GST Tentative Implementation Dates May Extend to As Early As August -September 2016 . GST benefits is also…

201512.21
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Admissibility of Cenvat Credit on Service Tax Paid on Sales Agency Commission Service

Recently , minutes of Tariff Conference held on 28th and 29th October, 2015-reg. was released by CBEC under Instruction No. F.No.96/85/2015-CX.I dated 07.12.2015. CBEC has released this compliation which consists of various issues that has cropped through out different Commissionerates and discussions cum decisions taken on them accordingly Amongst various discussions , Meerut Commissionerate has…

201512.21
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Clarification regarding binding nature of circular and instructions

Circular No. 1006/13/2015-CX dated the 21th September,2015  F.No.96/90/2015-CX.1 Government of India Ministry of Finance, Dept. of Revenue Central Board of Excise and Customs New Delhi ********* dated the 21.09.2015   To  Principal Chief Commissioner / Chief Commissioner of Central Excise, Service Tax and Customs (All),  Principal Commissioner of Central Excise, Service Tax and Customs (holding charge…