WHAT IS GST?
GST i.e.Goods and Service Tax is a unified tax that replaces several indirect taxesleviedby the Central Government and the State Government(s)....
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Circular No.35/2009-Cus F. No. DGEP/G&J/100/2009 DIRECTORATE GENERAL OF EXPORT PROMOTION Deptt. of Revenue, Ministry of Finance, Govt. of India First Floor, Hotel Janpath, New Delhi – 110001 Tel: -23344616, 23344622, Fax: - 011-23344624/630 New Delhi, the 29th December, 2009 Sub: Application of Kimberley Process Certification Scheme (KPCS) to Semi- cut diamonds- reg. Attention is drawn to Circular No. 53/2003-Cus dated 23rd June, 2003 issued under F.No.314/33/2002-FTT laying down procedure for implementing Kimberley Process Certification Scheme (KPCS) for certification of rough diamonds. 2. ‘Kimberley Process Certification Scheme Secretariat, Namibia’ has now clarified vide a press release dated 30 November 2009 (copy enclosed) that “polishing a single or a few small facets will not transform rough diamonds into polished diamonds and make these fall off the KPCS radar and that semi-cut diamonds and their import or export remains subject to the requirements of the KPCS”. 3. Therefore, semi-cut diamonds should be subjected to the requirement of production of certificate under the KPCS. 4. Wide publicity may please be given to these instructions by way of issuance of Trade/Public Notice. Difficulties, if any, in implementation of these instructions, may be brought to the notice of the Directorate General of Export Promotion, New Delhi. 5. Receipt of this circular may kindly be acknowledged. Encls: As above (2 pages) (Praveen Mahajan) Director General (EP) |
GST i.e.Goods and Service Tax is a unified tax that replaces several indirect taxesleviedby the Central Government and the State Government(s)....
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In pre-GST regime, goodswere liable to: (i) Excise Duty- on manufacture of goods; (ii) VAT/CST- on sale of goods; (iii) Entry tax- on ...
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GST is levied on every taxable person. Taxable person means a person who carries on any business at any place in India. Such . ..
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GST is a unified tax which is levied on: (i) goods; (ii) services and (iii) a mix of goods and/or services. Any supply of goods or services . .. ...
Read moreGST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.
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Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.
The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .