List of Documents to be filed with Refund claim for Central Excise, Customs and Service Tax Refund/ Rebate Claims

List of Documents to be filed with Refund claim for Central Excise, Customs and Service Tax Refund/ Rebate Claims can be downloaded from the page "download".

This list has been provided by the CBEC website.Please note that The list is illustrative only and the refund sanctioning authority may call for any other documents to satisfy about correctness of refund claim. However, the said documents would either be prescribed by issue of a Trade Notice or by a written letter.

Extension of date for withdrawl of currwncy note issued prior to 2005

For security reasons Reserve Bank Of India had decided to withdraw bank note printed prior to 2005 and these are supposed to get exchanged before 30th June 2014 but these note be legal even after 1st July 2014 as RBI clarfied, Clarfication can be read below:-

Revision of Interest Rates for Small Savings Schemes for the Financial Year 2014-15 Announced by The Government

            Various decisions taken by the Government of India on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), were communicated to all concerned by the Government through its Office Memorandum dated 11^th November, 2011.

Due date of filing Annul Return for FY 2012-13 in UP VAT further extended up to 30th June 2014 from 29-01-2014

Due date of filing Annual Return in Uttar Pradesh Value Added Tax Act,2008 has been further extended from 29th January 2014 to 30th June 2014 . For notification please CLICK HERE or go to download section.

"T-2" under Delhi VAT come back again

Commissioner of Trade tax of Delhi has issued a notification regarding filing of information of invoice & Goods receipt note.This would be applicable from 15th March 2014.

As per notification every shall submit details of Invoice and Goods receipt Note before the goods physically enter to boundary of the Delhi if:-

(1) His Gross Turnover GTO) in the Financial year 2012-13 was more 1 crore or

(2) his GTO in current year attains the lower limit of Rs.1 crore on any date 
but dealer who is dealing in tax free goods exclusively will not be required to file such information.

Such details have to be furnished for all goods purchased or received as stock transfer or received on consignment basis

Details has to be submitted in prescribed and in electronically mode (i.e.online uploading) in department's website.

 Details can be submitted through mobile also but same must be furnished in website also within 24 hours

For more detail of notification can be reached HERE

Be sincere or face serious consequence for Non-compliance -Delhi VAT

Delhi Trade & Taxes department has given a public notice to Delhi' Dealers to follow provisions of DVAT sincerely regarding Principal place of business and keeping Books of accounts thereat. Full public notice can be read below:-

Time-limit extended for filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12 till 31.03.2014

Press Information Bureau
Government of India
Ministry of Finance

26-February-2014 17:38 IST

The Central Board of Direct Taxes (CBDT) has extended the time-limit for filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12 till 31.03.2014 for returns e-filed with refund claims within the time allowed under section 139 of the Income Tax Act. 

Please find press release below:-

Inter-state Stock Transfer & Form F under CST

Inter-state Stock Transfer & Form F under CST

Change in Rule regarding issuing PAN Card

Now one more document is required to get new PAN card , Proof of date of Birth is also required aprt from the address proof and Id proof.



see press release below

Inter-State Stock Transfer & Form F under central Sales Tax Act 1956

One of my friends while reading article on “Form C” raised a query:-

è Whether a dealer should declare the transfer of capital goods like Furniture , computers etc that are transferred to another state for own use in his branch .

è Whether the transfer of these goods is to be declared as Stock transfer in the returns. If yes or no , any court cases In support of the same.

Calculation of Stock-Out Cost

In cost Accounting there are lot of methods followed to have better control to reduce the the cost without of hampering the quality of product/service.
In material management, functions like setting various level of stock , determine the pricing method of material to be issued and received and  fixation of accounting policy for recording of data etc etc are performed.

withdrawn audit Report--Due Date of filing Audit Report of DVAT (AR-1) extended again up to 28th Feb -2014

Delhi Trade & Tax Department has withdrawn filing Audit report in current Format AR-1 till the new Format but no format prescribed so far as it is last date of filing today.

No TDS on Service Tax amount

In recent circular CBDT has clarified that TDS should not deducted where service tax amount has been shown separately. Earlier, vide circular No.4/2008 date 28 April 2008 it was clarified that tax is to be deducted at source under Section 194-I of the Act, on the amount of rent paid/payable without including the service tax component.  But now there is no need to deduct TDS in any payments under Chapter XVII-B of the Act.

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One single window for CS registration

With a view to provide efficient and any- time service to students , the Institute of Company Secretaries of India (ICSI), working under the aegis of the Ministry of Corporate Affairs, has moved to complete online registration for the Company Secretaryship (CS) Course w.e.f 1.1.2014. Now the Institute accepts only online registration to the CS course.

CS Course is the flagship programme of ICSI. A person completing this course, both examination and training, is enrolled as a Member and becomes eligible to work as a Company Secretary either in employment or in practice. To facilitate the students registering for the CS Course, the Institute has placed an animated help to do online registration which is available on www.icsi.edu.