Articles by Pradeep Jain

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Update on revised draft GST law

Pradeep Jain 12 December 2016 at 11:43

Many changes have been made in the revised draft GST law in comparison to earlier draft GST law.

Rule 7B of cenvat credit rules, 2004 - A new concept for multi-unit companies

Pradeep Jain 05 March 2016 at 11:37

Introduction:-Budget, 2016 has come up with some new provisions and concepts in the Central Excise Law. One such provision has been introduced in the name of rule 7B of Central Excise Rules, 2004 which has been framed on the same lines of input servi

Credit Balance of Ed Cess & SHE Cess-Never Ending Story!

Pradeep Jain 01 December 2015 at 12:25

Introduction:- The announcement of the exemption to the levy of Education Cess and SHE Cess levied on Excise duty with effect from 01.03.2015 and that levied on service tax with effect from 01.06.2015 created new hopes in the minds of the assessees a

Swachh Bharat Cess - Cleaning India or cleaning pockets!!

Pradeep Jain 23 November 2015 at 13:11

SWACHH BHARAT CESS-CLEANING INDIA OR CLEANING POCKETS!!An Article By:-CA PRADEEP JAINCA NEETU SUKHWANIPreface:- The moment when it was announced by the Hon�ble Finance Ministerthat the exemption is being provided to the levy of Education Cess a

Proposed payment process under GST - New & improved

Pradeep Jain 07 November 2015 at 13:05

Introduction-Report of The Joint Committee on Business Processes for GST� has already been circulated and views have been sought from people at large for suggesting improvements thereupon. This report is divided into three parts namely G

Draft registration procedure of GST - There is a scope for improvement

Pradeep Jain 05 November 2015 at 10:38

Introduction-�Sincere� is the word when combined with the word �Effort� makes the road to success as smooth and reliable. Such sincere efforts are being made by the Central Government for paving the path to Good and Services T

ST on Director's remuneration - Instigating litigation!

Pradeep Jain 25 September 2015 at 10:57

Introduction:- The issue regarding leviability of service tax on remuneration paid to the directors has been matter of concern since 07.08.2012 when reverse charge mechanism was introduced vide notification no. 45/2012-ST dated 07.08.2012 for the s

There is rate change 'Return Utility' - No more utility

Pradeep Jain 08 September 2015 at 10:36

Introduction:-“Online” - the most used word in modern world; whether it is a “person” or a “procedure”, everyone and everything is online now. Compliance procedures of most of the legal provisions have become onlin

BCD Hike in Iron & Steel -Tough Amendment!

Pradeep Jain 18 August 2015 at 10:05

Introduction:- This article is an attempt to analyse the amendment made in the rates of basic customs duty applicable for various Iron & Steel Products vide Notification no. 45/2015-Customs dated 12.08.2015. This notification seeks to amend the e

GST: Hyped are the merits, hidden are the threats

Pradeep Jain 01 August 2015 at 15:48

Introduction:-The Goods and Services Tax (GST) is the most awaited reformation in the indirect tax structure of India which is planned to be implemented w.e.f. April 1, 2016. It has been the most happening topic in the parliament since December 19, 2