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CBEC revises arrest, prosecution norms

Its circulars prescribe threshold limits, due sanction from senior officers, procedures to be followed, monitoring disciplines and procedure for withdrawal of complaints

CBEC redefines import value of capital goods

CBEC now adds its own criteria for rejection of the transaction value, by prescribing comparison of the declared value with that determined on the basis of a chartered engineer's certificate

'Merchant exports can be counted towards export obligation'

However, one needs to fulfil all the conditions laid down in Para 5.10 of the Handbook of Procedures, Vol. 1

'Service tax is leviable on services provided within taxable territory'

The Place of Provision of Services Rules, 2012 helps you determine whether the services are provided within the taxable territory

Down comes the gavel on CBEC's binding circulars

The information hurdle in free trade agreements

Safeguard duty to hit user industries

The provisional safeguard duty will be effective for 200 days during which the DGS will conduct further investigations and submit final recommendations on whether to continue the levy or not

What counts is final measure

Filling a lacuna in export dues write-off

The method is to invoice at MEP, realise export proceeds at a lower price and then seek write off the shortfall

Watch out for global market mood swings

'Submission of C form mandatory for availing lower sales tax'

Why SEZ provisions need to be reweighed

An ADD is levied to counter the predatory pricing policy of any exporter in a foreign country

RBI sterilising forex inflows

Insulating the domestic industry from imports

'Duty paid on goods, not on service, can be passed on to customer'

The service of goods transport agency got consumed during transportation of goods from your supplier's premises to your premises

'EOUs must demand consistency in customs, excise rules'

Director General of Foreign Trade must clarify the matter

'Authorisations with different value addition criteria cannot be clubbed'

'In case of transit sale, no need for registration or issue of dealer invoice'

'Importers who pass on cenvat credit to customers cannot claim refund'

Better but not quite enough