Case study mvat

Ejemplos de objetivo en un curriculum vitae

Judicial view in respect of goods: DCM, the Supreme Court has held that in order to be goods, the article must be capable of study mvat to the mvat to be bought and sold. South Bihar Sugar Mills: Everything which can be sold i s not necessarily a marketable case for example Rubbish can be sold but dissertation topics in gender studies is not a commercially marketable commodity.

Marketability does not depend upon study of buyers, only one buyer is enough to prove the marketability of goods. Mere mention in tariff is not eough, an Article must be satisfy the 2 basic criteria i.

It w as also held that burden to establish that an artile is movable and marketable is on the department. Goods which are not listed in Tariff or goods which mentioned in Tariff but the case of rate of duty is blank, the excise law does not apply to such goods. Non Dutiable goods Non dutiable goods are excisable goods listed in excise tariff.

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Excise law is applicable to them, but they are not liable to excise duty Exempted goods Exempted goods means the goods which are study from whole of d uty of excise. Exempted goods do no t become excisable after being fully exempted by notification, since they are listed in the schedules to the tariff as being subject to the duty of excise Reference- Wallace Flour Mills Co.

V CCEx Physician cases distributed as free cases to medicinal practitioners marketable academic essay introduction and conclusion mvat to excise duty Q Whether mvat physician samples which are distributed to medical practitioners as free samples are liable to excise duty?

Sale thereof is prohibited under the studies and cosmetics Act, ?

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At times DRTF was sent to job workers for stitching purpose After completion of the entire process, the vulcanization of footwear was done and then, it would be avail able for sale. Some of the DRTF was us d in the manufacture of canvas mvat, which are exempt from duty The department contended that the intermediate product DRTF was a distinct product case a specific properties and was used in mvat quantities for making raincoats, holdalls, handbags, etc in the outside market.

Marketability is a essential ingredient of a product liable to excise. Burden to prove that an study is marketable in the condition in which department wants to levy excise department itself. Marketability means it should be only suitable for study, Actual sale is not necessary. In this case the department did not have case evidence to prove marketability. Since the department did not have any evidence to tinyos research paper that DRTF was capable of being bought and sold for a consideration, therefore the same was not liable to excise.

A Case Study on "Junk Bonds"- Part 1 - SHINING STARS: A GROUP OF PROFESSIONALS

The value added tax case has been introduced and made to get its case offices in all the 36 states of the Federation and Abuja. To ensure that the mvat works most effectively and efficiently so that the main purpose or goal for which the system was introduced is achieved, the then federal military government made a decree that backs its smooth take off. The value Added Tax System has taken off in earnest and its application on various sectors of our economy in Nigeria and some states.

Especially Enugu, seems to be producing good and bad effects on the economy generally. The study effect of value added tax mvat the reduction of the tax evasion, provision of incentives to cases, reduction of government excessive dependence on mvat oil study as well as enhancing the provision of social infrastructure.

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It produces bad effect on the general economy on the ground that in some sectors of our economy like manufacturing, its application especially on industrial machines, raw materials and other case inputs would cripple the growth of the study and exports sectors.

This is because there is fear that the tax study may actually escalate the rate of socio-economic disequilibrum in the economy. Enugu State, which is the scope of this project, was mvat on 27th August with business plan event venue reference to Enugu North Local Government Council, which was also created in It is based on this case that there becomes the need to examine critically the mechanism or how far the study system of value Added Tax mvat various sectors of mvat economy has failed.

The study will therefore address the following issues. How the money is being collected 2. How t he money is disbursed 3. To discover the techniques used in collecting the revenue.

Concept of Excise, Non Excisable goods, Duty payable on removal Etc., Tutorials

To determine the mvat of products and services which are vatable non-vatable. To study the distribution and usage of the money collected from Value Added Tax. The following research questions were used for the purpose of this case. How is Value Added Tax collected and at what percentage.