Regulatory consolidation for investment advisers: SEBI issues master circular consolidating guidance and prescribing compliance, reporting, fees and s...
Reopening of assessment cannot rest solely on an audit party's opinion; reassessment under Section 147/148 is impermissible and power of revision shou...
Tested party selection: functional analysis identified the least complex unit as the appropriate tested party, altering the transfer pricing adjustmen...
The Central Government amends Notification No. 28/2002-Central Excise by inserting exemption entries for 22%, 25%, 27% and 30% ethanol blended petrol. Each eligible blend must consist of the stated proportion of motor spirit and ethanol, the relevant taxes must have been paid on each component, and the product must conform to BIS specification IS 19850. The entries provide Nil excise duty for the specified blends and define "appropriate duties of excise" and "appropriate Central tax, State tax, Union territory tax and Integrated tax" by reference to the relevant excise and GST laws.
The Central Government amends Notification No. 28/2002-Central Excise by inserting exemption entries for 22%, 25%, 27% and 30% ethanol blended petrol. Each eligible blend must consist of the stated proportion of motor spirit and ethanol, the relevant taxes must have been paid on each component, and the product must conform to BIS specification IS 19850. The entries provide Nil excise duty for the specified blends and define "appropriate duties of excise" and "appropriate Central tax, State tax, Union territory tax and Integrated tax" by reference to the relevant excise and GST laws.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4824 
Join Channel 
