New User / Register | Bookmarks | Annual Subscription | Feedback |
Login: Stay
| Forget Password |
           
TMI - Tax Management India. Com  

Recent Discussionss:

transportation of goods by railway Excise Duty on Tooling developed by Supplier Service Tax & Vat Bot charged on Window 8.1 Professional purchased SERVICE TAX ON SOFTWARE DEVELOPMENT AND CONSULTING EXPENSES Refund of ST on Services Given to SEZ REGISTERATION UNDER DVAT Goods Cleared Against CT 3 Bond TIME PERIOD OF CERA AUDIT Service Tax liability on ocean freight service tax credit on new building
 
Discussions Forum
Home Forum Central Excise Month 12 2009 2009 (12) This
← Previous Next →
 

Central excise refund - state JAmmuand Kashmir - Central Excise

 
Issue Id: - 1644
Dated: -08-12-2009
By:- varun singla
Central excise refund - state JAmmu & Kashmir

I want to discuss about the latest judegment of the tribunal about the central excise refund in the states like jammu and kashmir where the tribunal has held that the central excise duty refund given to the industrial unit is considered their income and tribunal held that industrial units have to give income tax on the central excise refund they are getting .In my view this decision is wrong ,as the department is doing wrong interpretation of the excise duty notification under which refund was given to the industrial units in jammu and kashmir.

Post Reply
 
Previous Posts
 


Dated: - 08-12-2009
By: - Rama Krishana
I am in total agreement with your view since it is a different than duty drawback or depb or export promotion schemes. In my view, the exemption granted to units in Jammu and Kashmir (and various other parts of India) by way of refund can not equated with the or considered as Income From Other sources.

 
 
Previous Next

 

what is new what is new

UpdatesKnowledge SharingSubscription CommunicationNewslettersMore Options




Go to Mobile Website Go To Top
© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.