Earlier Posts

Controversy – Service Tax on Copyrights

July 9, 2010
·
[By Shaleen Shah (Partner), VNCA] The Finance Act, 2010 has amongst other amendments, proposed following new service on Copyrights w.e.f. 1-Jul-2010: The existing taxable service ‘Intellectual Property Right (IPR)’ excludes copyright from its scope. The service of transferring temporarily or permitting the use or enjoyment of Copyrights on (a) cinematographic
Read More

Guj-VAT Notification: Disallowance of ITC

June 30, 2010
In a latest Notification dtd.29-Jun-2010, the Gujarat Government has notified – 1.       Input Tax Credit will be reduced by 2% on taxable turnover of Purchases when – a.       the goods are sold / resold in the course of inter-state trade and commerce;  b.      the goods are used as input including
Read More

Service Tax Amendments – The Finance Act, 2010

June 26, 2010
[By Shaleen Shah (Partner), VNCA] DOWNLOAD PDF FILE Budget-2010 proposed several amendments under Service Tax. The Finance Bill, 2010 presented on 26-Feb-2010 was enacted & received the assent of the President on 8-May-2010. Post Budget, several notifications were issued to effect certain budget proposals. In a further Notification No. 24/2010-ST
Read More

Gujarat VAT Amendments

February 18, 2010
Addition / Amendment of Entries in Industrial Input List Chemicals notified as industrial input items covered in notification attached to entry 42/A- are taxable at 4%+1% Additional Tax. Until now, the list of chemicals covered under entry 42/A have been notified vide the Notifications Nos. GHN-33/2006 dtd. 31-Mar-2006; GHN-46/2006 dtd.
Read More

Symbol for Rupee in final lap

December 18, 2009
Panel shortlists five candidates, decision on winning entry in January. The long wait for a symbol of the rupee is expected to end by March next year. A committee headed by Reserve Bank of India (RBI) Deputy Governor Usha Thorat has shortlisted five symbols from 4,000 entries for a public
Read More
1 … 16 17 18 19 20 … 26
GoUp