Pre-Budget consultation invites industry proposals on tax changes with supporting data and prescribed submission process. Invitation solicits industry and trade association proposals for changes to direct and indirect taxes for the Union Budget 2014-15, requiring economic justification, statistical support and proposals for simplification. For Customs and Central Excise changes, a tabular template is requested with HS Code, product description, import and domestic production quantities and values, unit price, existing and proposed duty, revenue implications and implications for domestic industry. Submissions must be emailed as Word attachments to designated addresses and hard copies sent to specified Joint Secretaries; clear explanations and adequate statistics are required.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Pre-Budget consultation invites industry proposals on tax changes with supporting data and prescribed submission process.
Invitation solicits industry and trade association proposals for changes to direct and indirect taxes for the Union Budget 2014-15, requiring economic justification, statistical support and proposals for simplification. For Customs and Central Excise changes, a tabular template is requested with HS Code, product description, import and domestic production quantities and values, unit price, existing and proposed duty, revenue implications and implications for domestic industry. Submissions must be emailed as Word attachments to designated addresses and hard copies sent to specified Joint Secretaries; clear explanations and adequate statistics are required.
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