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TMI BlogMeasures taken for improving ease of doing businessX X X X Extracts X X X X X X X X Extracts X X X X ..... maximize benefits to the economy. 2. In order to achieve the objective of job creation through revival of growth and investment and promotion of domestic manufacturing, and 'Make in India' , the following measures were taken: Customs duty on certain inputs was reduced to address the problem of duty inversion. Customs duty was also reduced in certain cases so as to reduce the cost of raw materials required for further manufacture and thereby induce domestic value addition. The Special Additional Duty of 4%, which is levied on imported goods to counter-balance the local taxes levied by States (other than Excise Duty), was reduced/exempted on certain imported raw materials/inputs so as to address the problem of input tax credit accumulation. For example, all goods except populated PCBs, falling under any Chapter of the Customs Tariff, for use in manufacture of ITA bound goods was fully exempted frog)A0/o SAD. Basic Customs D ty was increased on metallurgical coke from 2.5% to 5% and on commercial vehicles from 100) to 20%. Excise Duty was exempted on inputs required for manufacture of pacemake ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o 31.03.2015, was extended upto 31.03.2016. Excise Duty on sacks and bags of polymers of ethylene other than for industrial use was Increased from 12% to 15%. An enabling provision was made to empower the Central Government to impose a Swachh Bharat Cess on all or certain taxable services at a rate of 2% of the value of such taxable services. A cess of 0.5% was levied w.e.f 15.11.2015. The proceeds from this Cess would be utilized for Swachh bharat Initiatives. Service provided by a common Effluent Treatment Plant operator for treatment of effluent was exempted. 5. In order to allocate additional resources to infrastructure, the effective rates of Additional Duty of Customs/Excise levied on Petrol and High Speed Diesel Oil [commonly known as Road Cess] have been increased from ₹ 2 per litre to ₹ 6 per litre. Non-Tariff Measures In order to achieve the objective of minimum government and maximum governance to improve the ease of doing business, the following measures have been taken: 1. (a) Customs I. 24x7 Clearance: Facility of online documents for customs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Adoption of Digital Signature: Use of Digital Signature for ACP clients had been made mandatory w.e.f. 1st May, 2015 vide Circular No. 10/2015 dated 31.032015 which was implemented successfully, Again, vide Circular No. 26/2015 dated 23rd October, 2015, Digital Signature for all Importers, Exporters, Customs broker, shipping lines, airlines who are required to file any documents at Customs EDI systems has been made mandatory from 1st January, 2016, except for individual users. This has also been implemented all documents are now filed by the users with their DSC. Customs would not insist on physical signing of documents wherever documents are filed with digital signatures. The reliance on digitally signed Customs process documents shall result in the reduction of submission of hard copies of bills of entry, shipping bills, import general manifests, exports general manifests and consol manifests. V. Reduction in mandatory documents for imports and exports: To facilitate trade and to simplify procedures, number of mandatory documents have been reduced and only three mandatory export and import documents prescribed. However for import and export of special n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xcise Rules, 2002, and Rule 4 (C) of the Service Tax Rules, 1994. IV. Refund: To expedite payment of refund/rebate, a system of e-payment of refund/rebate directly to beneficiary's account by RTGS/NEFT through authorized banks has been implemented. V. Time limit for taking CENVAT: Time limit for taking CENVAT credit of duty/tax paid on inputs and inputs services has been increased from six months to one year. VI. Electronic payment of duty: The facility of electronic payment of duty has been extended to all the Central Excise/Service Tax assessees. VII. Payment of arrears in instalments: Instructions have been issued to allow Chief Commissioners/ Commissioners to permit payment of arrears in instalments. (c) CENTRAL EXCISE Direct dispatch of goods: Facility of direct dispatch of goods by registered dealer from seller to customer's premises was allowed. Similar facility has also been allowed in respect of job-workers. Registered importer can also send goods directly to customer from the port of importation. (d) SERVICE TAX I. Simplification in procedure for availment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce/counsel them on how to pass good adjudication/appellate orders. Training Institute to impart intense training to train officers on the qualities of a good adjudication order, advocacy, interpretation of statue, etc. 4. Rationalisation of penal provision: Penalty provisions in Customs, Central Excise and Service Tax have been rationalized to encourage compliance and early dispute resolution. 5. Scope of Advance Ruling Scheme expanded: The ambit of the Advance Ruling Scheme has been enlarged by including 'resident firm' as an eligible class of persons. 6. Improved system of audit: The requirement of mandatory audit of units with prescribed periodicity based on duty payment has been done away with. Now the selection of units is being done based on scientific risk parameters which also takes into account past track record of the unit. Further, concept of integrated audit has been implemented covering all the three taxes-as against three separate audits being conducted earlier. Under the new system, only 30000 selected units are scheduled to be audited this year as against about 40000 units audited last year. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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