Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
Part B : Indirect taxes
Pending ‘Ps’ under B.S.T & C.S.T. Acts up to P year 2004-05
and instruction for disposal thereof :
Trade Circular No. 10 T of 2009, dated 23.03.2009 :
By this Circular, the Commissioner has issued fresh
assessment guidelines. It has been directed that no assessments will be done
from ‘C’ & ‘D’ category of the dealers except priority ‘Ps’ falling in 7
categories enumerated in the Circular. Even compulsory assessment criteria for
all the pending Ps, pertaining to financial year in which gross tax liability
(before adjusting set-off) is Rs. 6 lakh or less under the BST and CST Acts,
shall not be assessed except those falling under the criteria enumerated in
the Circular.
