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November 25, 2009
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Automation of Central Excise and Service Tax (ACES) enables online registration, filing, tracking and electronic payments for tax processes.
Automation of Central Excise and Service Tax (ACES) is a centralized web application with separate Central Excise and Service Tax modules that automates registration, electronic filing of returns, refunds and claims, intimations, provisional assessments, exports, dispute resolution and audit; it provides online viewing of statutory documents, e-Payment integration, identity-management via user registration and TPIN migration, account security measures including password regeneration and blocking, Service Desk and Range Officer support, session timeout rules, and specified minimum system requirements.
November 3, 2009
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Trade contraction: exports and imports declined year on year, narrowing the cumulative trade deficit for April-September.
September 2009 foreign trade data reveal year on year declines in exports and imports in both US dollar and rupee terms, with oil and non oil imports falling substantially; cumulative April-September 2009 exports and imports decreased markedly versus April-September 2008, and the trade deficit for April-September 2009 narrowed as import contraction exceeded export contraction. Data are presented as provisional figures with revised prior year comparisons.

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Acts Income Tax