many as 1,698 assessees filed their service tax returns through e-filing modeCentral Excise officials explaining the filing of service tax returns through e-filing mode organised at the office of the Deputy Commissioner of Central Excise and Service tax in Tirupur on Tuesday. —Tirupur: As many as 1,698 assessees have filed their service tax returns through e-filing mode under the Coimbatore Commissionerate...
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Sanjay Kumar, Additional Director General, Directorate of Systems, launching the software at Palayamkottai on Thursday.TIRUNELVELI: Automation of Central Excise and Service Tax (ACES), a new software that aims at providing an electronic interface for taxpayers with the Department of Central Excise and Service Tax, was launched here on Thursday.This Mission Mode Project, under e-governance plan of the...
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Belgaum: The Commissionerate of Central Excise and Service Tax here launched ACES (Automation of Central Excise and Service Taxes) on Thursday.Joint Commissioner Amitesh Bharat Singh, who welcomed the gathering, explained the features of the computerised and Internet-based web services.Inspector of Central Excise Girish Kumar made a presentation detailing the features available under ACES.According...
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The government's revenue collection from central excise, service tax and customs is likely to fall short by Rs 15,000 crore from the target of Rs 2,68,000 crore set for the current fiscal due to continuation of the stimulus package, the Central Board of Excise and Customs (CBEC) said today.The government had reduced the rate of excise duty to 8 per cent from 14 per cent and service tax by 2 per cent...
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Starting Monday, Central Excise and Service Tax formations in Kerala will conduct their business online, enabling trade and industry to e-file and e-process their tax related businesses, said a press release here.It would be no longer necessary for trade and industry to visit the Central Excise and Service Tax offices as they would now be able to file their returns, make their claims and other letters...
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NEW DELHI: Various levies such as excise, value added tax and service tax are proposed to be subsumed in the the Goods and Services Tax, making it a lot easier for the business and industry. ( ) A discussion paper by the Empowered Committee of State Finance Minister released today said taxes levied by the central government like excise, additional excise duty and various surcharges and cesses would...
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Commissioner of Central Excise and Service Tax (CE&ST) M. Vinod Kumar has appealed to all tax-payers to migrate to the new centralised, web-based software application launched here on Monday to automate all CE&ST operations. The workflow-based application enables all tax-payers for e-registration, e-filing, e-tracking of documents and to access help 24 hours, seven days a week. Tax-payers can view...
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Stimulus packages and economic slowdown have hit the exchequer hard as indirect tax collections shrunk by 21.6 per cent to Rs 1.27 lakh crore in the first seven months of this fiscal, against Rs 1.62 lakh crore a year ago.All the three components of indirect tax — excise, customs and service tax — have registered decline in collections.Customs declined the most, by 31.8 per cent at Rs 45,412 crore...
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Various levies such as excise, value added tax and service tax areproposed to be subsumed in the the Goods and Services Tax, making it a loteasier for the business and industry.A discussion paper by theEmpowered Committee of State Finance Minister released today said taxes leviedby the central government like excise, additional excise duty and varioussurcharges and cesses would be part of the GST."It...
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first step towards an eventual rollout of Goods and Services Tax have been taken, but, it stills seems a distant dream as key questions remains unanswered.The merits and demerits of the dual rate model are bound to be deliberated by experts in the coming days.It is also clear that cesses and surcharges would also be subsumed in the Central GST, along with central excise, service tax, countervailing...
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