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Excise Duty on Jewellery

All types of jewellery items except pure silver jewellery are now subject to excise duty @ 1% provided facility of Cenvat Credit is not availed.

 

News and Updates
No security required for online registration No.F.7(453)/Policy/VAT/2013/Pt.II/88-98

No security would be required to be furnished by such dealers, who apply online for registration , in the usual manner.

Private company now can take loan from relative etc.

Companies (Acceptance of Deposits) Rules, 2014

Private company now can take loan from relative and the company shall disclose the details of money so accepted in the Board’s report.

Donations towards the Prime Minister’s National Relief Fund

All donations towards the Prime Minister’s National Relief Fund(PMNRF) are notified for 100% deduction from taxable income under Section 80G of the Income Tax Act, 1961.

Excise Duty on Jewellery

All types of jewellery items except pure silver jewellery are now subject to excise duty @ 1% provided facility of Cenvat Credit is not availed.

 

INDIRECT TAX UPDATES

Indirect Tax Updates

 

Compliance Under New Automation Scheme of MVAT

Return Compliance

GST – Credit Utilization

GST-Credit-Utilization

To understand the Credit structure in GST.

GST Audit Report Draft is available on the below link

GST Audit Report Draft

GST – Detailed Description of Return Filling

GST- Return Filling Details

GST Rates – Service Sector

GST Rate Schedule for Service Sector

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Our Client's Testimonials

Ajmera and Ajmera have provided us with prompt and proactive service in connection with the project report and feasibility study for our expansion and we would certainly recommend their friendly and efficient team to others.

The work performed by the auditors of Ajmera and Ajmera is precise and efficient. We get along very well with their team and have complete trust in them. We definitely recommend Ajmera and Ajmera for anyone who is in need of a professional and efficient audit team.

Ajmera and Ajmera provides excellent customer service. Our enquiries with related to International Taxation, Transfer Pricing and Double Taxation are always acknowledged immediately and dealt with rapidly. It’s a pleasure working with their team.

Ajmera and Ajmera offers a personalized approach to your accounts, setting the highest professional standards and tailoring them to suit your business. Having used a number of different accountancy firms I cannot praise highly enough the friendly and effective service offered and is certainly a firm I would recommend to companies of any size.

With tax increases and further fiscal complexity on the horizon it’s even more important to get the right taxation advice at the right time for future planning. With Ajmera and Ajmera, very personal and individual focus it is well positioned to provide the most relevant and viable up to date information and guidance.

Ajmera and Ajmera is looking after VAT and Excise of our company and I find their approach towards work very good. The best part is that man power attrition rate in Ajmera and Ajmera is very low which ensured coordination with the same person every time without any difficulties.

The Ajmera and Ajmera have been very helpful across a range of services. Whether we need advice on setting-up investment companies, tax issues or selling businesses, they have been professional, approachable and very responsive. We recommend them highly.

As a young and growing business, we feel confident and assured with Ajmera and Ajmera handling our financial and business development.

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Head Office
AJMERA & AJMERA (MUMBAI)
Chartered Accountants
B-01, Krupalu Kutir, Patel Wadi
S.V.P.Road, Opp. HDFC Bank, Borivali (W)
Mumbai - 400 092
Mobile +91 9004496859/+91 9022897548

Branch Office
AJMERA & AJMERA (Delhi-NCR)
Chartered Accountants
G-1, Plot No.202, Gyan Khand-1st,
Indrapuram, Ghaziabad, UP- 201014
Mobile +91 9958818826/+91 8826635000

Branch Office
AJMERA & AJMERA (Mumbai, Andheri)
Chartered Accountants
B-1002 Daffodils Plot No.Z3 Bhawani Nagar, Marol Maroshi Road Andheri East, Mumbai MH-400059
Branch Office
AJMERA & AJMERA (Rajasthan)
Chartered Accountants
Mahavir Ji Ajmera, Near Doctor Nuwal,
Gulabpura, Bhilwara, Rajasthan- 311021 Phone +91 1483-224596
Branch Office
AJMERA & AJMERA (Rajasthan)
Chartered Accountants
A-682, Bapu Nagar, Bhilwara-311001

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