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CBDT grants more breather for Trust to file audit reportPM Modi praises Haryana voters for clear majorityDada Saheb Phalke Award goes to Mithun ChakravortiCus - Adjudicating authority notified for Penta Gold caseOsama Bin Laden’s son asked to leave France over social mediaI-T - AO has no jurisdiction to consider claim made by assessee in revised return filed after time prescribed by Sec 139(5) for filing revised return had already expired: SCPM to visit Laos to attend ASEAN-India SummitKautilya Conclave 2024: Dr Jaishankar stressed on emergence of AI and its impactGST - Yatri Sathi App - Applicant, though qualifies the definition of being an e-commerce operator, does not satisfy the conditions of Section 9(5) of the Act for discharging tax liability by an electronic commerce operator: AARIIFT to open first overseas campus in DubaiGST - Purchases of second hand gold jewellery from individuals who are not registered under GST would not amount as supply of goods or supply of services and applicant is not liable to pay tax on reverse charge basis: AARNC-Congress Alliance to form Govt in J&K; BJP breaks taboo in HaryanaFood parks among areas for investments between India and UAE: GoyalCX - Penalty - Rule 26 - SCN and OIO have explained in detail about the nature of offence for which penalty is levied - No breach of any requirement for levy of penalty: HCAbu Dhabi Investment Authority commences operations in GIFT CityGST - KHOL is exempted - End use of the product at the end of the purchaser is not the concern of the assessee and cannot be the consideration for classifying the goods in question: HCSafari Retreats Judgement of Supreme Court: A Pyrrhic VictoryIndia’s RuPay card launched in MaldivesI-T- When the assessee has own funds and surplus is more than investments, then, the presumption is that own funds are used: ITATUS Court orders Google to welcome rival App storesUS to sell lightweight torpedoes worth USD 175 mn to IndiaLawyers, wife not to have access to Imran Khan over security concernsI-T- Re-assessment proceedings are rightly quashed where found to be based on change of opinion : ITATHurricane Milton turns into Category 5 storm

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Cadre Review - Migration blues - assessees advised to pay excise duty as per old CDR Code


Cadre Restructuring-Migration blues

Ref: Breaking News dated 11-10-2014 regarding Cadre Review - Migration blues.
As per this news-item, after 15-10-2014 and till the process of migration to new CDR is completed, assessees would continue to pay duty using their existing CDR code. The instructions for payment of duty as well as Service Tax as per old CDR Code has outlined the mistake made in creation of new formations with effect from 15-10-2014 instead of 01-11-2014. The CDR Code should have been allotted while issuing Trade Notice for demarcation of jurisdiction. It also indicates that the bifurcation of revenue collection for Commissionerate, Division and Range will also be done after completion of process of migration to new CDR. It may be recalled that the ACES could not prove effective and responsive in 2012 when negative list of services was introduced with effect from 01-07-2012. The frequency and date of filing of ST-3 returns for the service providers were changed to cope up with the new situation. This year, the problem is more acute because Central Excise assessees are also involved in the matter.
**Pankaj Jaroli

pankaj jaroli 12/10/2014

 

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