Can two or more Premises be registered as one registrant under Excise?

Yes, two or more premises can be registered under excise as one registrant if :-
(i)   two or more premises of the same factory are located in a close area
(ii)  these premises are within the jurisdiction of a Central Excise Range and
(iii) the process undertaken there are interlinked and
(iv) the units are not operating under any of the area based exemption notifications,
 If above conditions are met, the Commissioner of Central Excise, may, subject to proper accountal of the movement of goods from one premise to other and such other conditions and limitations, as may be prescribed, allow single registration.

For more details refer the circular below:-
Circular No. 1016/4/2016-CX

Anti-Dumping Duty on import of Polytetrafluoroethylene

An Anti dumping duty has been imposed on import of Polytetrafluoroethylene or PTFE for Five Years as per Notification No. 23/2016-Customs (ADD) dated 06th June 2016. Notification is self explanatory and can be downloaded from the Link below:-

Notification No.23/2016-Customs (ADD)

GST Bill likely in monsoon session

India will attempt to keep the proposed Goods & Services Tax ( GST ) rate as moderate as possible and the government will push for passage of the bill introducing the levy in the upcoming monsoon session of Parliament, finance minister Arun Jaitley said. 

The GST will replace various indirect taxes with one simple tax , creating a boundary-less national market that some estimate will lift India's GDP by as much as 2%. According to the Constitution (122nd Amendment) Bill, the GST Council consisting of finance minister, minister of state for revenue and state finance ministers will recommend the tax rate. 

"At what rate the GST Council will start it, I don't know...there have been recommendations which have been made by expert committees, including the one that the ministry of finance had set up. I'm sure we will try to keep rates as moderate as possible," Jaitley told Japanese investors at a Make in India seminar organised by the Department of Industrial Policy & Promotion and the Confederation of Indian Industry.

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Due date of filing Quarterly Return under DVAT for 4th Quarter 2016 extended

Due date for filing Return under Delhi VAT has been extended up to 27-05-2016 from 23-05-2016.

Kindly note that there is no extension of due date of payment of tax therefore pay Interest if tax not paid within due date.Otherwise Notice will served for non payment of tax.

Circular No- 7 of 2016-17

Display of Registration Certificate at principal place of business made compulsory by Delhi VAT Department

Delhi Government has directed ACs/ward incharges to ensure that all the registered dealers have prominently displayed the registration certificate at their principal place of business and a certified copy at all other places of business in Delhi. Further, the dealer shall also prominently display his TIN and ward number outside the main entrance of all places ofbusiness in Delhi. 

Circular No. 4 of 2016-17 F.3(667)/Policy/VAT/2016/200-205 dated 10^th May, 2016

[Download- Circular ]

Leviability of service tax in respect of services provided by arbitral tribunal and its members

Services provided or to be provided by an arbitral tribunal is taxable if such service provided to a business entity which is located in the taxable territory and having turnover exceeding Rs 10 lakh.

Such service is taxable and liability to pay tax has been cast on the recipient i.e business entity who will pay tax under reverse mechanism.

However services provided by an arbitral tribunal were exempted from service tax if provided to  

Exempted Services by Government

Central Board or Excise & Custom vide Notification No 26/2016-ST dated 20 May 2016   has clarified the Services on which no Service Tax is leviable if provided  by Government or a local authority to a business entity having  a turnover up to rupees ten lakh in the preceding financial year. Following services would not be taxable as per the said notification:-

Karnataka Budget Proposals 2016

VALUE ADDED TAX

• Scheme to recognize and honour five diligent tax payers in each of Bengaluru based divisions and three each from VAT divisions other than Bengaluru.

• Module for transportation of goods that will allow transporters to upload the details of goods being transported online for hassle-free movement of goods.

• Development of mobile application for the benefit of small dealers.

• Issue of online refunds to the eligible dealers.

• Online service of statutory proceedings using digital signature certificates.

जीवन जीने की कला – विपश्यना साधना

जीवन जीने की कला – विपश्यना साधना

बर्न, स्विटज़रलैंड में श्री सत्य नारायण गोयन्का द्वारा दिए गये प्रवचन पर आधारित।

सभी सुख एवं शांति चाहते हैं, क्यों कि हमारे जीवन में सही सुख एवं शांति नहीं है। हम सभी समय समय पर द्वेष, दौर्मनस्य, क्रोध, भय, ईर्ष्या आदि के कारण दुखी होते हैं। और जब हम दुखी होते हैं तब यह दुख अपने तक ही सीमित नहीं रखते। हम औरों को भी दुखी बनाते हैं। जब कोई व्यक्ति दुखी होता है तो आसपास के सारे वातावरण को अप्रसन्न बना देता है, और उसके संपर्क में आने वाले लोगों पर इसका असर होता है। सचमुच, यह जीवन जीने का उचित तरिका नहीं है।

Sale/Purchase--Intra State Vs Inter-State

Under the Central Sales Tax Act,1956 (in short CST), registered dealers are eligible for certain concession or exemption of tax on inter-State transactions if dealer is able to comply with certain conditions. Submission of statutory forms is one of such condition which allows the dealer for concessional rate of tax. There are so many forms like Form C, Form F, Form H, Form-I , Form E-I or E-II etc. etc.However before dealing with the procedural issues involved in obtaining or submitting these Forms it is more important to understand few concepts like what is ‘ intra-State transaction’ or ‘Inter-State transaction’ because once nature of transaction is established, it would be very easy to know that whether VAT is applicable of central Sales Tax (CST)and then procedural compliance can be done easily.
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