New import policy for marble, travertine blocks notified

Import of marble and travel tine blocks, the government has notified a new policy with effect from October 1, 2016.

No VAT penalty on basis of discrepancy found during survey if no witness was available at that time The High Court of Rajasthan held that where Assessing Officer conducted survey upon assessee and
Stage for launching of prosecution- Custom Act Offences Normally, prosecution may be launched immediately on completion of adjudication proceedings. How
Payment made to labour contractor to procure material on behalf of builder assessee won't attract sec. 194C TDS The ITAT Bangalore Bench held that where assessee entered into a contract with a party to suppl
No extended period on non-payment of ST as service recipient can otherwise claim credit of reverse charge payment The CESTAT, Mumbai Bench held that if tax- payable is available as credit to assessee itself, it
Government notifies GST Council Government has formally notified the GST Council, which will decide on the tax rate, exempted go
Point of Sale (POS) Devices exempted from Excise till 31.03.2017 Two new Sl. No. 256A and 256B has now been inserted in Notification No. 12/2012-C.E. dated 17.0

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