📌TAX & ECONOMY
✌🏻Atulesh Jindal to take over as new CBDT chairman.
✌🏻 Rebate of Swachh Bharat Cess paid on all services, used in providing services exported.
✌🏻Refund of Swachh Bharat Cess paid on specified services used in a SEZ.
✌🏻 Income from transfer of right to use agricultural land is exempt even if its end use is for non-agricultural purposes.
✌🏻 Payment made for supply of building material isn't liable to TDS.
✌🏻 Govt. sets up a common ‘Tax Research Unit’ to deal with direct and indirect tax policies.
✌🏻Bihar Govt. grants interest for delay of 60 days in payment of VAT refund.
✌🏻 Andhra Pradesh Govt. levies 0.5% VAT on sale of HSD to foreign going international ships.
✌🏻Bombay HC is appropriate authority under Excise Act for union territory of Dadra, Nagar and Haveli.
✌🏻 Don’t pay taxes if Government fails to curb corruption, says Nagpur bench of Bombay High Court. [ANI]
✌🏻 Taxpayers may refuse to pay taxes and launch non-cooperation movement if corruption continues: Bombay HC
✌🏻 Delhi VAT: Expeditious disposal of refund cases of amount upto Rs. 10,000
✌🏻Govt may re-impose customs duty on crude oil imports.
✌🏻Education cess is not an allowable deduction U/s. 37(1) of I.T.Act, 1961
✌🏻Govt. releases integrated Central Excise and Service Tax Audit Manual
✌🏻IEC code can now be applied with only Two Documents.
✌🏻GST bill: Government will leave no stone unturned, says Venkaiah Naidu.
✌🏻FM Arun Jaitley pushes GST, reassures on back taxes.
✌🏻Now Rajasthan VAT dealers have discretion to declare business manager.