Maintenance of Proper Accounts and furnishing thereof - the ...

Responsibility for Maintaining and Certifying Accounts Shifts from Excise Authority to Customs Authority.

October 3, 2017

Act Rules DGFT

Maintenance of Proper Accounts and furnishing thereof - the requirement of duly verified and certified by the jurisdictional Excise Authority modified - now this power is vesting with jurisdictional Customs Authority

View Source

← Previous Next →

Maintenance of Proper Accounts and furnishing thereof - the ...

Responsibility for Maintaining and Certifying Accounts Shifts from Excise Authority to Customs Authority.

October 3, 2017

Act Rules DGFT

You may also like:

Whether it is open to Central Excise Authority to change the classification made by the Customs Authority? - It is apparent that two authorities i.e. Customs and Excise...

MAT computation u/s 115JB - provision made for payment of Excise duty - there is no mistake in the accounts of the assessee and the lower authorities are not justified...

Suspension of Customs Broker License - Deemed Suspension or automatic suspension? - There is no existence of any provision of “Deemed Suspension” or “automatic...

The CESTAT held that the Customs Broker did not violate Regulation 10(n) of CBLR by accepting IECs and GSTINs issued by government authorities. The Customs Broker's...

Records maintained by a registered Central Excise Manufacturer / Dealer - Article

No accounting of non cenvatable goods – there is no provision for maintaining account of non-cenvatable inputs in the Central Excise Rules - no penalty - AT

Revocation of Customs Broker License - when the CBEC circular and FSSAI guidelines specifically provide that the Customs authorities should check on the issue of NOC...

Denial of Exemption u/s. 11 - non maintaining of separate ledger accounts - assessee is maintaining separate ledger for earning this income and also maintaining separate...

Naming / Tagging of demat accounts maintained by Stock Brokers - all demat accounts maintained by stock brokers should be appropriately tagged - Circular

Investment in personal capacity and separate accounts maintained, no disallowance – Section 14A

Dishonor of cheque due to account being frozen/blocked by order of IT department does not attract liability u/s 138 of Negotiable Instruments Act. For an offense u/s...

Revocation of Customs Broker License - risky exporters involved in IGST refund frauds - reliane placed on reports of the jurisdictional officer - it is not the...

Interpretation of statute - whether "Certified Copy" prescribed for preferring an appeal could substitute "Certified Free Copy" provided u/r 50? Held: Issue dealt with...

Provisional attachment of other accounts of petitioner alongwith the cash credit account - As the PAN Card number is common, no sooner the authority concerned instructed...

Penalty u/s 271A and u/s 271B - not maintaining books of account and for not getting the booking of account audited as provided u/s 44AB - Penalties levied u/s 271A for...

Quick Updates: