Articles by Pradeep Jain

Amendment in proviso- textile

Pradeep Jain 25 July 2015 at 17:28

TRIPLE THE AMENDMENTS, TRIPLE THE HASSLE, NOW ALL IS WELL Introduction“Proviso”: when it is added to an exemption notification, brings out some conditions on fulfillment of which the benefit of notification will be allowed. Therefore, as

Recovery without SCN constitutionally valid?

Pradeep Jain 11 March 2015 at 10:21

MISTAKE IN DECLARING LIABILITY WILL LEAD TO RECOVERY WITHOUT SCNOrRECOVERY WITHOUT SCN-CONSTITUTIONALLY VALID? Introduction:- This article is an attempt to analyse the impact of amendment made in section 11A of the Central Excise Act, 1944 and sectio

Refund for deemed exports

Pradeep Jain 07 March 2015 at 18:28

Old practice of Government-High Court Decision undone!! Introduction:- It is a very old tactic followed by the government that when the interpretation taken by High Court or Supreme Court on an issue is consistently held against the revenue, the best

Additions in Reverse Charge Mechanism

Pradeep Jain 05 March 2015 at 10:11

The budget 2015 has also bought some additions to the reverse charge list. Altogether 3 services have been added to this list w.e.f. 01/04/2015 by notification no. 7/2015 dt 01/03/2015. These are: 1. Services provided or agreed to be provided by a mu

Exemption to E Cess & SHE Cess- Really lucrative?

Pradeep Jain 03 March 2015 at 11:45

Right from the common man to the corporates and foreign investors, where everyone was expecting the government to deliver a reform-oriented Budget, but the changes proposed in the Budget announced by the Hon’ble Finance Minister took all the ho

In place of arriving 'ache din' assessee misses 'good old days'

Pradeep Jain 03 March 2015 at 10:58

The 2015-2016 Finance Budget is was presented by Honble Finance Minister, Arun Jaitley on 28th February 2015. This budget was show time for the NDA Government that whether the lucrative promises made by the Prime Minister in his election campa

Service providers be ready to fulfill the dream of Modi's 'Swachh Bharat'

Pradeep Jain 02 March 2015 at 10:47

It is a regular practice of the government to follow tactics that are illusive and misleading. One of the tricks adopted by the government while increasing the rate of service tax is that during the Budget Speech, the Honble Finance Minister a

Budget 2015: Stepping stone to simplification?

Pradeep Jain 11 February 2015 at 18:00

As the budget session 2015 is approaching, the nation is garnering its own expectations. The assessees falling under the indirect tax net are no different. Struggling with the high end compliances and to cope up with the difficult rules to adhere, th

Partial Reverse Charge - Increase in complicacies

Pradeep Jain 06 October 2014 at 11:11

Introduction:- The date of 01.07.2012 was a critical date in service tax laws because from this date the service tax laws underwent gigantic change. The concept of Negative list&rdq

Tour Operators: Cry is still on, Budget 2014 partly wiped their tears

Pradeep Jain 12 August 2014 at 11:17

INTRODUCTION The budget 2014 has arrived and the Honble Finance minister has bought in several, if not many, changes in the service tax regime. In his endeavour to put the indirect tax laws in road to GST, he has avoided major changes but for