ALL INDIAN TAXES

Bombay High Court quashes FIR of sexual harassment filed by ex-KPMG employee against Russel Pereira, Richard Rekhi, Sumeet Mathur & Niloufer Irani of KPMG CBEC clarifies if any ancillary/intermediate service is provided in relation to transportation of goods, and the charges, if any, for such services are included in the invoice issued by the GTA, such service would form part of GTA service and, therefore, the abatement of 75% would be available on it- Where service is provided by a person who is registered as GTA service provider and issues consignment note for transportation of goods by road in a goods carriage and the amount charged for the service provided is inclusive of packing, then the service shall be treated as GTA service and not cargo handling service-when the entire transportation of goods is by road; and the person transporting the goods issues a consignment note, it would be classified as 'GTA Service'-Service Tax Circular No.104 Clearance of capital goods, including second hand, in DTA shall be allowed as per FTP on payment of applicable duty and import policy in force on date of such clearance-DGFT PN 58 Authority for Advance Rulings rules the Joint Venture is to be treated as an Association of Persons (A.O.P.) in consonance with section 2(31)(v) read with the Explanation to section 2 of the Act and liable to be assessed as such under the Income-tax Act when all the partners of Joint Venture have joined in for common purpose on their own volition to produce income which is shared in certain ratio-Joint Venture is to be taxed in the status of an association of persons @ 41% net basis - AIT-2008-260-AAR SION norms for Aluminum / Aluminum Alloy Cast Articles including Parts & Components amended-DGFT PN 55 All Industry Rate of Deemed export Drawback for both HSD and Furnace Oil is Rs."NIL" per MT, supplied by Domestic Oil Companies to EOU/SEZ Units under various schemes-DGFT PN 57 Micronised Progesterone or Injection Progesterone notified under Customs exemption Notification No.21/2002-Customs Tariff Notification No.95 Appreciation of Audit Report/Certification in assessment proceedings-In cases where any factual misrepresentation by the Accountants is observed, suitable action should be taken against them as provided under section 288 of the Income-tax Act, 1961-CBDT Instruction No.9 Exchange Earner's Foreign Currency (EEFC) Account - RBI Circular No. 4 Advance Remittance for Import of Rough Diamonds - RBI Circular No. 3 Assessment of Banks - Allowance of deduction to rural branches-CBDT Instruction No.10 Payment received in Free Foreign Exchange/ Indian Rupees by airport service provider for Export Obligation fulfilment under EPCG Scheme-DGFT Policy Circular No.24 No Anti-dumping duty on import of vitrified and porcelain tiles produced by M/s Foshan Nanhai Jing Yu Ceramics Ltd Foshan China(also known as Bioma Ceramics) China and exported by M/s Shye International Hong Kong-Customs Tariff Notification No.94 Importer shall file a claim for refund of SAD paid on the imported goods before expiry of one year from the date of payment of SAD-Customs Tariff Notification No.93 Tariff Value for import of Brass Scrap is 4422 and for import of Poppy Seeds 5034-Customs Non-Tariff Notification No.99 SC rules a dealer can not make adjustment while depositing sales tax on the basis of tax out, admitted to be payable, of certain amounts which according to him had been deposited in excess for some other assessment periods-AIT-2008-255-SC Anti-dumping duty imposed on import of Diclofenac Sodium from China-Customs Tariff Notification No. 91