Daily Archives: May 22, 2016

Excise on Jewellery in India (Finance Act 2016)

By | May 22, 2016

Excise on Jewellery LETTER D.O.F. NO.334/8/2016-TRU, DATED 29-2-2016 Explaining Excise on Jewellery  3.2.1 Excise duty of 1% (without CENVAT credit) or 12.5% (with CENVAT credit) is being levied on articles ofjewellery [excluding silver jewellery, other than studded with diamonds/other precious stones] with a higher threshold exemption upto Rs. 6 crore in a year and eligibility… Read More »

Central Excise Registration Procedure

By | May 22, 2016

Central Excise Registration Procedure NOTIFICATION NO. 35/2001-CE(NT), DATED 26-6-2001 AS AMENDED BY NOTIFICATION NO. 7/2015 CE(NT), DATED 1-3-2015, W.E.F. 1-3-2015 AND NOTIFICATION NO. 6/2016-C.E.(N.T.), DATED 1-3-2016 Registration 1. Conditions, safeguards and procedures for registration and exemption in specified cases – In exercise of powers conferred by Rule 9 of the Central Excise (No. 2) Rules,… Read More »

E-Tourist Visa Facility of India

By | May 22, 2016

Press Information Bureau Government of India Ministry of Tourism 22-May-2016 10:47 IST E-Tourist Visa Facility The Ministry of Tourism has been working very closely with Ministry of Home Affairs and Ministry of External Affairs for easing of the Visa Regime in the country over a period of time. The Ministry supported the initiative regarding the… Read More »

No repayment of Loans or deposits or advance in cash >Rs 20000

By | May 22, 2016

Repayment of Loans or deposits or advance in cash Section 269T of Income Tax Act after amendment by Finance Act 2015 Salient Features of Section 269T on Repayment of Loans or deposits or advance No person shall repay any loans or deposits made with it or any specified advance received by it i.e any sum of money in… Read More »