The New Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme and Rates announced by The CBIC on 17th August in place of the MEIS Scheme has not lived up even to minimum expectations of Trade & Industry. The Rates of Merchandise Export from
Topics to be covered There can be no doubt that Prime Minister Narendra Modi’s call to scale up exports to $400 billion this year helped expedite the disentangling of inter-ministerial red tape over the RoDTEP scheme. A new foreign trade policy, a couple of smaller
You have given quite a few job interviews and now you are waiting for a call. Luckily, you have been chosen by two companies. The HR manager of the first company says that your CTC would be 15 lakhs per annum and in hand, you
Private Limited Company vs LLP vs OPC vs Partnership vs Sole Proprietorship. What is a company? A company is a body corporate or a joined business association enrolled under the companies act. It tends to be a restricted or a limitless organization, private or a
GST portal is a large citadel having many hidden chambers and secret pathways. Every business man has to become Arjuna and not Abhimanyu to pass through this conundrum and file his monthly returns and pay taxes smoothly. Today we shall tell you, how to sail
Revised tax invoice in GSt Revised tax invoice in GST (1) A revised tax invoice referred to in section 31 and credit or debit note referred to in section 34 shall contain the following particulars – (a) the word “Revised Invoice”, wherever applicable, indicated prominently; (b)
Why New Labour Codes Economic Survey – States (Like Rajasthan from 2015) which are more flexible with Labour Laws are 25% more productive than their Counterparts 1. Only 10% of Entire Businesses in the Country is Organized 2. They are burdened with Compliance with
Introduction In order to carefully grasp and properly understand the Goods and Services Tax (GST), it becomes essential not only for indirect taxes professionals but for the tax administrators to have the knowledge of the precise meanings of the various terms used in the
What is Foreign Trade Policy? Foreign Trade Policy The foreign trade policy is essentially a set of guidelines for the import and export of goods and services These are established by the Directorate General of Foreign Trade (DGFT), the governing body for
In order to reach the desired destination, we must know the address and the way. In the same way, to levy GST, we must know the value of taxable supply and the rules to calculate it. The value of a transaction as per the
