Indirect Taxes
- Customs
- Advance Rulings
- Audit
- Background
- Classification of Goods under The Customs Tariff Act, 1975
- Customs Duty Drawbacks
- Date for Determining Rate of Duty and Valuation
- Demand, Recovery and Refund of Duty
- Interest
- Levy of Customs Duty
- Penalties
- Procedure of Import
- Prosecution
- Settlement of Cases
- Some Important Definitions
- Types of Duties
- Valuation of Goods
- Warehousing
- Goods and Services Tax (GST)
- Accounts and Records
- Assessments and Audits
- Classification of Goods and Services
- E-Way Bill
- Input Tax Credit (ITC)
- Interest
- Penalties & Prosecution
- Place of Supply
- Refund
- Registration
- Relevant Circulars - Miscellaneous
- Returns
- Reverse Charge Mechanism under Goods and Services Tax (GST)
- Supply with Schedules
- Time of Supply
- Transitional Provisions
- Valuation of Supplies
- Maharashtra Profession Tax
- Maharashtra Value Added Tax
- Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
- Service Tax
SOME IMPORTANT DEFINITIONS
- “Import”, with its grammatical variations and cognate expressions, means bringing into India from a place outside India.
- “Imported goods” means any goods brought into India from a place outside India but does not include goods which have been cleared for home consumption
- “Export”, with its grammatical variations and cognate expressions, means taking out of India to a place outside India.
- “Export goods” means any goods which are to be taken out of India to a place outside India;
- “Goods” includes -
- vessels, aircrafts and vehicles;
- stores;
- baggage;
- currency and negotiable instruments; and
- any other kind of movable property.
- “India” includes the territorial waters of India;
Territorial waters of India extend upto 12 Nautical Miles from the nearest point of appropriate baseline of the coast of India
- “Indian customs waters” means the waters extending into the sea up to the limit of Exclusive Economic Zone under Section 7 of the Territorial Waters, Continental Shelf, Exclusive Economic Zone and other Maritime Zones Act, 1976 (80 of 1976) and includes any bay, gulf, harbour, creek or tidal river.