@ravindrakumar: #CustomDuty # digital still image video camera effective customs duty is reduced and now it is 12.88%@globaltaxation
Gateway to global e- commerce retailers. Most economical way to import and export goods through Post, Courier, Baggage, Air cargo & Sea cargo into India.
Sunday, March 01, 2015
Digital invoice are accepted now
@ravindrakumar: #digitalsignedinvoice #Budget2015 digital signed invoice are recognised as par with physical signed invoice.
CENVAT credit claim is now one year
@ravindrakumar: #cenvatcredit #Budget2015 now CENVAT credit for inputs and input service can be taken within one year from date of supplier's Invoice.
effective service tax rate of transport of gods by road shall increase from 3.09% to 4.2%(without SBC) and 4.8% (With SBC
@ravindrakumar: #ServiceTax effective service tax rate of transport of gods by road shall increase from 3.09% to 4.2%(without SBC) and 4.8% (With SBC).
Different penalty for different stages
@ravindrakumar: #Budget2015 #penalty now different stages of adjudicating proceedings will attract different rate of penalty. Early is better!
Mobile phone-custom duty increased.
@ravindrakumar: #Budget2015 #Mobilephone custom duty increased 6.5% on mobile phone. This is because of excise duty.