2] COMPLIANCE CALENDAR 5
GOODS & SERVICE TAX (GST) – REPORT OF SUB COMMITTEE – II ON MODEL GST ACT, 2016 – LEVY &
COLLECTION OF TAX: RECOVERY OF TAX NOT PAID/SHORT PAID/ERRONEOUSLY REFUNDED 6
4] CENTRAL TAXES
a) SERVICE TAX 7
Case Law Provision of additional services to the purchaser of Cars like collection of RTO registration charges,
Smart Card Fees, Vehicle Registration Fees and other extra charges cannot be categorised as ͞Business
Support Services͟ and made liable to service tax.
Case Law If there is documentary proof specifically indicating the value of the goods supplied/sold during repairs,
the demand of Service Tax for the cost of the goods supplied is not sustainable.
b) CENTRAL EXCISE 8
Notification/Circular Insertion of a sunset clause of 31.03.2016 and denial of exemption to specified goods as per Notification
No.56/2002-CE & NO.57/2002-CE dated 14.11.2002
Case Law The packing of the gases into cylinders is not necessary for making the gas marketable – these charges
would not be includible in the assessable value.
Case Law When the goods are delivered ex-factory and the place of removal is factory gate, the freight element
has no bearing on the valuation of the product.
c) CUSTOMS 9
Notification/Circular Customs, Excise & Service Tax Appellate Tribunal (Procedure for Appointment as President) Rules, 2016
Notification/Circular Revision of exchange rate of foreign currencies into rupee & vice versa
Notification/Circular Grant of Presidential Award of Appreciation Certificate to the officers of the Customs & Central Excise
on the eve of Republic Day, 2016
d) INCOME TAX 10
Notification/Circular Two additional modes (giving Bank details, Demat details) of generation of Electronic Verification
Code(EVC) for e-ITRs
Notification/Circular Advance Rulings (Procedure for Appointment as Chairman and Vice-Chairman) Rules, 2016
Case Law If software is acquired with the right to use it, the payment made for the same would amount to royalty,
however, if the software is acquired as a product for reselling, the consideration paid cannot be
considered as royalty and disallowed under Section 40(a) of the Act for non-deduction of TDS.
5] STATE TAXES 11
Bihar: Bihar Value Added Tax Rules, 2005: Amendment in Rule 14 regarding determination of value of
stock transfers outside the State and deletion of rule 17 regarding Refund of tax to foreign diplomats or
Goa: Amendment in Schedule C – Regarding purchase of the Motor Car by Indian Armed Forces
Haryana: Substitution of section 59A – Amnesty Scheme
Madhya Pradesh: Exemption from Entry Tax under Industrial Promotion Policy, 2014