Income tax exemptions for small and medium enterprises MSME
Monday, January 30, 2017     Category : Indian Budget 2016-17

Customs duty tariff rate changes as per Indian Budget 2017-18
Central Excise Duty changes as per Indian Budget 2017-18
Service Tax rate Changes under Indian Budget 2017-18

(Updating soon after Budget 2017-18 on 1st February,2017 under text format and pdf format)

Budget 2016-17 changes in customs import duty tariff,excise duty and service tax

Indian Union Budget 2016-2017, changes in import customs tax tariff, chapter wise

Indian Budget 2016-17, Excise duty tariff changes, chapter wise

Changes in Service Tax as per Budget 2016-17

 

Income tax exemptions for small and medium enterprises MSME

 

Presumptive taxation scheme under section 44AD of the Income Tax Act is available for small and medium enterprises i.e non corporate businesses with turnover or gross receipts not exceeding one crore rupees. At present about 33 lakh small business people avail of this benefit, which frees them from the burden of maintaining detailed books of account and getting audit done. I propose to increase the turnover limit under this scheme to Rupees two crores which will bring big relief to a large number of assesses in the MSME category.

 

  

Indian Union Budget changes in excise duty for worn clothing and worn textile articles, rags as per HS code 63

 

Changes of excise duty for footwear and gaiters as per India Budget 2016-17

 

India Budget 2016-17, changes in excise duty for headgear and parts as per HS code 65

 

Latest budget changes in excise charges for umbrellas,walking sticks, riding-crops and parts, sun umbrellas as per HS code 66

 

Indian Union Budget 2016-17, changes in excise duty for artificial flowers, articles of human hair, feathers etc

 

Changes in excise duty as per Indian Budget 2016-17 for articles of mica, stone, plaster, cement, asbestos as per HS code 68

 

Budget changes in excise duty for ceramic products as per HS code 69

 

Indian Union Budget changes in excise duty for glass and glassware as per HS code70

 

Budget changes in excise duty for imitation jewelry, pearl, coins, precious metals as per HS code 71

 

Changes in excise duty as per Indian Budget 2016-17 for iron and steel

 

Clarification to Department of Scientific and Industrial Research (DSIR)

 

Customs duty exemption clarification for aircraft engines and parts

 

OLP and PTCR for manufacture of refrigerator compressor exemption clarification

 

clarification on exemption of Liquefied Natural Gas (LNG) for SEZ

 

Exemption of Excise duty of BCD and CVD on power project

 

No refund of SAD under notification No.102/2007-Customs dated 14.09.2007

 

Tax changes for specified goods imported for petroleum exploration under Indian Budget 2016-17

 

Direct imports by Government will attract customs duties

 

Exemption for disposable sterilized dialyzer and micro barrier of artificial kidney

 

Excise duty CENVAT is being levied on articles of jewellery under Indian Budget 2016-17

 

Excise duty CENVAT for readymade garments and made up articles of textiles

 

Tax changes in sectors of Agriculture, rural economy and environment under Indian Budget 2016-17

 

Indian Budget 2016-17 Tax proposals for Pensioners

 

Domestic incentives in addition to Make In India campaign, Indian Budget 2016-17

 

Nil duty for Braille paper as per Budget 2016-17

 

Reduces rate of refrigerated containers, Indian Budget 2016-17

 

Exemption of ST for General Insurance services, Indian Budget 2016-17

 

Service Tax changes for DUGKY as per Indian Budget 2016-17

 

Income tax benefits to securitization trusts including trusts of ARCs as per Budget 2016-17

 

Indian Budget 2016-17, benefits to researchers for patent

 

Indian Budget 2016-17, benefits to start up companies

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MSDS Material Safety Data Sheet

SDF declaration form APPENDIX I

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GR waiver form for goods under REPAIR AND RETURN

Quota Charge Statement

Single country declaration

DEPB DECLARATION APPENDIX - II (ANNEXURE D)

DEEC Declaration

Amendment and Conversion of Shipping Bills in India - extract of notification 36/2010

The role of CBEC - Central Board of Excise and Customs in India.

Printing machine error with customs – Un able to hand over documents to carrier.

The role of Reserve Bank of India

 

 

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What are the legal documents in exports

What does ECGC do on default of payment of any overseas buyer?

Post shipment finance in Export Business

PRECAUTIONS TO BE TAKEN WHILE USING CONTAINERS FOR EXPORTS

 Printing machine error with customs – Un able to hand over documents to carrier.

Procedure and Documentation for Filing Claim of Marine Insurance.

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When can an exporter release bill of lading from shipping company?

When does exporter get EP copy of shipping bill after customs clearance

Procedure for Central Excise Clearance Under Claim of Rebate

Procedure to claim Duty Drawback

Procedures and documentation on Triangular shipments

Procedures for Re-imports

Procedures to claim brand rate of draw back

Procedures to file IGM (Import General Manifest)

Procedures under Re-exports

Re warehousing procedures under STP and EOU units.

Register with Export Promotion Council

Risks and solutions in export business

RISKS NOT COVERED BY MARINE INSURANCE

Rummaging

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Triangular shipment

Types of Insurance Documents.

Import General Manifest (IGM)

Importance of Bill of Lading

Introduction to this web site.

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Is DP terms of payment safe in export business?


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