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11.03.2013 - Voice of CA Presents - Updates
Monday, March 11, 2013


I.  Valuable Contrubition:

[Contribution by Sanjay 'Voice of CA' Agarwal - Founder, and contributor is available at]

1.  A Presentation – "An overview of Finance Bill, 2013"

(Please click here) 



II.  Useful Contrubition:

[Contribution by CA Raman Khatuwala and contributor is available]

1.  A judgement - Soaps manufactured without usage of power – Using electricity for unloading raw material cannot be held as 'manufacture with aid of power': CESTAT

(Click here for detail)

2.  A judgement - Job worker paying duty & appellant availing higher notional credit - Whether job worker could avail credit on raw materials purchased by appellant from MMTC under actual user conditions not considered - matter remanded: CESTAT

(Click here for detail) 


III.  Today's Headlines: 

  1. Government working on having common KYC norms for FIIs: Finance Minister  (Click for detail) 
  2. Finmin asks PSUs to ensure payment of service tax by vendors  (Click for detail)
  3. Rajya Sabha passes Sebi bill for appointing SAT head  (Click for detail)
  4. Record 72 amendments proposed in indirect tax clauses this year  (Click for detail)
  5. IT dept to initiate action against big TDS defaulters  (Click for detail)  
  6. Bad assets rise 42 per cent at Rs. 1.83 trillion till December 2012:CARE  (Click for detail)
  7. Exports up 4.25 per cent in Feb; Govt to announce sops in FTP  (Click for detail)  
  8. Rs 200 cr service tax evasion by exploration firm Shiv Vani Oil unveiled  (Click for detail)
  9.  Banks to publish photos of loan defaulters in newspapers  (Click for detail)  
  10. SSTL puts in bids worth Rs 3,639 cr till 2nd round of auction  (Click for detail)  
  11. Economy to grow by 7-8 per cent in next five years: Montek Singh Ahluwalia  (Click for detail)


 Golden Rules:

"The sweetest couple in the world is SMILE & TEARS. 
They meet rarely but when they meet the moment 
becomes unforgettable"


  Thanks & Regards


Voice of CA    




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