FAQ on Service Tax & Excise Payment Challans Paid Manually

FAQ on Service Tax & Excise Payment Challans Paid Manually

Posted: 04 Apr 2013 08:29 PM PDT

 Which challans are to be used for payment of Excise and Service Tax? Ans. Two new challan forms GAR-7 have been introduced by PR. CCA's office. From April 7, 2007, GAR-7 – Proforma for Central Excise Tax Payments is to be used for payment of Excise and GAR-7 – Proforma for...

How to Know Status of Service Tax & Excise payment Challan

Posted: 04 Apr 2013 08:28 PM PDT

Challan Status Enquiry for Assessee- Using this feature, assessee can track online the status of their challans deposited in banks. a) CIN based view : On entering Challan Identification Number (CIN i.e. details such as BSR Code of Collecting Branch, Challan Tender Date & Challan Serial No.)...

How to Know name, Address , Location / Division / Commissionerate / Range Code as Per CBEC

Posted: 04 Apr 2013 08:27 PM PDT

How to Know name, Address , Location / Division / Commissionerate / Range Code as Per CBEC Records of Service tax & Excise Assessees This facility enables the assessee view its details (name, address, location code) as present in the Assessee Master provided by CBEC. Details of assessee codes...

Service Tax – FAQ On ACES, Registration, Surrender, Amendment

Posted: 04 Apr 2013 11:30 AM PDT

What is ACES? The Central Board of Excise and Customs has developed a new software application called Automation of Central Excise and Service Tax (ACES), which aims at improving tax-payer services, transparency, accountability and efficiency in the indirect tax administration in India. This is a...

Objection to reassessment after silent participation in proceedings is not valid

Posted: 03 Apr 2013 10:51 PM PDT

The argument of the learned counsel for the respondent-assessee that merely participation of the assessee will not validate the reassessment proceeding if the notice is invalid, is of no help, in view of the fact that the question of validity of notice under Section 147 of the Act is not in issue....

Transfer of leasehold rights under aegis of Court

Posted: 03 Apr 2013 10:43 PM PDT

 There is another aspect of the matter. The purport of unearned increase is to, in addition to the premium charged by the appellant DDA at the time of granting the lease, entitle the appellant DDA to share 50% of the increase in value of the leasehold rights from the date when the lease was given...

Detection of Service Tax Evasion of Rs. 300 Crore by Sub- Contractors of L&T & Others

Posted: 03 Apr 2013 07:46 PM PDT

Service Tax Evasion Case Booked by Directorate General of Central Excise Intelligence (DGCEI) Against  M/S Shiv Vani Oil and Gas Exploration Services Ltd. and Sub- Contractors of L&T; Total Evasion of Service Tax Estimated at More than Rs. 300 Crore On the basis of aspecific information,...

Corrigendum – CA Final Paper 5 – 'Advanced Management Accounting' Study Material

Posted: 03 Apr 2013 07:42 PM PDT

CA Final students may note that in the January, 2013 edition of Vol. I of the CA Final Paper 5: Advanced Management Accounting Study Material- In pages 14.23 and 14.25 of Chapter 14: Program Evaluation and Review Technique – Illustration 10 has some printing errors. The errors have been...

Corrigendum – Advanced Management Accounting, RTP, CA Final May 2013

Posted: 03 Apr 2013 07:40 PM PDT

Corrigendum: Advanced Management Accounting, Revision Test Papers, May 2013 Final students may note that in the January 2013 print of the publication "Revision Test Papers" relevant for May 2013 Final Examination, In pages 32 and 33 − Solution to the Illustration 4 has some printing errors. The...

Rate of exchange of conversion of each of foreign currency wef 05.04.2013

Posted: 03 Apr 2013 07:33 PM PDT

Notification No. 35/2013-Customs (N.T.) , Dated the 4th April, 2013             S.O.       (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of...

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