TIOL-DDT 2132 · Friday, 21 June 2013 · story 2 of 7

Government Notifies Commodities Transaction Tax Rules, 2013

GOVERNMENT has notified the Commodities Transaction Tax Rules, 2013. The agricultural commodities have been specified; tax to be rounded off to the nearest rupee; tax to be remitted in a bank on a commodities transaction tax challan;return to be filed; Form for return notified; Forms for appeals specified…

The Rules come into force on the 1st day of July 2013.

CBDT Notification No. 46/2013/F. No. 142/09/2013-TPL, Dated: June 19, 2013