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, as per Indian Budget 2016-17
Indian Budget 2016-17 explains:
In order to lessen tax burden on individuals with income not exceeding `5 lakhs, I propose to raise the ceiling of tax rebate under section
87A from `2,000 to `5,000. There are 2 crore tax payers in this category who will get a relief of `3,000 in their tax liability.
The people who do not have any house of their own and also do not get any house rent allowance from any employer today get a deduction of
`24,000 per annum from their income to compensate them for the rent they pay. I propose to increase the limit of deduction in respect of rent paid under
section 80GG from `24,000 per annum to `60,000 per annum, which should provide relief to those who live in rented houses.
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.
I also propose to extend the presumptive taxation scheme to professionals with gross receipts up to `50 lakh with the presumption of
profit being 50% of the gross receipts.
Import duty changes for miscellaneous chemical products under HS code 38 as per Indian Budget 2016-17
Govt tariff changes for import of plastics and plastics articles as per Budget 2016-17
Import tax tariff changes for rubber and rubber articles as per Indian Union Budget 2016-17
Latest Indian budget changes for import of leather, skins and raw hides
Indian Union Budget changes in excise duty for live animal as per HS code 01
Budget changes in excise duty for meat edible oil as per HS code 002
Indian Union Budget 2016-17, changes in excise duty for fish and crustaceans as per HS code 03
India Budget 2016-17, changes in excise duty for eggs, honey,diary products as per HS code 04
Indian Union Budget 2016-17, changes in excise duty for animal origin products as per HS code 005
Budget changes in excise duty for cut flower, roots, bulb as per HS code 006
Changes in excise duty as per Indian Budget 2016-17 for edible vegetables as per HS code 07
Indian Union Budget changes in excise duty for edible fruits and nuts peel of citrus,melon as per HS code 08
Exemption of excise duty on non manufacturers of goods for installation of cold storage
Exemption on goods financed by UN and Intl agency extends to sub contractors
Area based excise duty exemption presently available to the North Eastern States
BED and NCCD on pan masala, tobacco products, crude petroleum, mobile phones and motor vehicles
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
How to import your goods?
Click here to know India Trade Classification(ITC)
Different types of Containers
How to export your product?
Click here to know HTS (Harmonized Tariff System) code of your product
What are the risks and solutions in Export Business?
Service Tax - Click here to read complete notification under Budget 2014
What is Bank post shipment credit to exporters?
Types of export containers
Measurement of export containers
Export Import Policy of India 2015-20
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports
Export procedures and documentation
What is post shipment credit to exporters?
Bank financial benefits to Exporters
How does Letter of Credit work?
Procedure and Documentation for Filing Claim of Marine Insurance
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.
Importance of Bill of Lading
Introduction to this web site.
Is Airway bill a documents of title?
Is Customs House Agents (CHA ) required to be appointed mandatory?
Is DP terms of payment safe in export business?
Is Letter of Credit LC safe for an Importer?
Is ON BOARD CERTIFICATE required for LC negotiation
Why to insure export goods?
Why, best attention while preparing Export Invoice?
Related posts about Export Import Free Online Training:
Difference between standard dry container and Open Top Container
How to import Prepared vegetables, Prepared fruits, Prepared nuts
Guidelines to importers of Prepared Cereals, Prepared Flour, Prepared starch and Prepared Milk
Import processes of Cocoa and Cocoa products
Trade Facilitation Agreement ( TFA) and India
Period of post shipment credit to exporters
How does a Running bond work?
How does CENVAT Credit work?
Import General Manifest (IGM)
Importance of Bill of Lading
Procedure to Import Ships and Floating Structures
How to Import Musical Instruments, Parts and Accessories
Procedures to Import Clocks, Watches
How to import Optical, Photographic, Medical Instruments and Accessories
Types of Export Containers
Dimension of Cargo Containers
Difference between standard dry container and Flat rack container
Types of Export Containers
Dimension of Cargo Containers
Common tips to importers of Sugars and Sugar Confectionery