Articles by Ashish Chaudhary

How to do VAT impact Assessment - UAE VAT

Ashish Chaudhary 23 September 2017 at 13:33

UAE is going to implement VAT w.e.f. 1st January 2018. The country has never witnessed any tax regulations in the past and therefore introduction of VAT is going to significantly change the way business is done.

Transitional provisions: Carry forward of Credits under GST

Ashish Chaudhary 22 August 2016 at 10:47

This article highlights various open issues which need to be addressed timely by government so that there is smooth transition to Goods and Service Tax (GST)

Central Excise on Jewellery: Whether fears are real?

Ashish Chaudhary 01 April 2016 at 11:00

BackgroundExcise Duty has been imposed on the article of jewellery in the Union Budget 2016-17. There has been protest by trade fearing the nuisances of excise. There fear is not without justifiable reasons

Registration under excise by jeweller: A thoughtful decision

Ashish Chaudhary 28 March 2016 at 11:40

BackgroundRegistration with tax authorities is first step for any assessee to make compliance with the law and similar is the case for jewelers who have been brought within excise ambit in Budget 2016-17. But it

Excise Duty on Textile Sector: Increased cost and Compliance Burden

Ashish Chaudhary 12 March 2016 at 12:08

Textile has been subjected to duty of excise at different point of time. In 2004, exemption was granted on textile articles falling unde

Relief to the Exporters: Refund of service tax on expenses incurred beyond factory gate

Ashish Chaudhary 22 February 2016 at 10:45

Relief to the Exporters: Refund of service tax on expenses incurred beyond factory gate By CA Ashish Chaudhary CA Madhukar N HiregangeWorld economy over last few years has been very sluggish and more so I

Service Tax paid under wrong code - Remedies available?

Ashish Chaudhary 20 January 2016 at 13:53

Every assessee liable to pay service tax is to take registration with service tax department. Where assessee has been providing services from multiple premises, it may obtain separate registration for each of the premises or may

Impact of imposition of Swachh Bharat Cess: Part 2

Ashish Chaudhary 18 November 2015 at 14:56

By CA Ashish ChaudharyThis festive season, service sector has witnessed imposition of Swachh Bharat Cess (SBC) in very hasty move by government. It was promised at the time of the budget that it would only be imposed on some services. Govt has gone b

Impact of imposition of Swachh Bharat Cess on various services: FAQs

Ashish Chaudhary 07 November 2015 at 13:05

Finance Act 2015 had provided provision for levy and collection of Swachh Bharat Cess (SBC) under section 119 of the Finance Act, 2015 at a rate not exceeding two percent on the value of services. The levy was to become effective from the date to be

Disclosure of Rule 6 of Cenvat Credit in ST-3 Return - Practical Aspects - Part 3

Ashish Chaudhary 22 October 2015 at 12:33

Having discussed on the disclosure of availment and utilization of credit in previous two articles, we shall move on to examining applicability of Rule 6 of Cenvat Credit Rules to a service provider and its di