Articles by Bimal Jain

No ST on Deputation of employees on cost-sharing basis

Bimal Jain 02 August 2014 at 12:58

Deputation of employees on cost-sharing basis does not fall under Supply of Manpower Services We are sharing with you an important judgment of the Honble High Court of Gujarat in the case of Commissioner of Service Tax Vs. Arvind Mills Ltd. [(

Service Tax, Excise and Custom Changes in Budget 14

Bimal Jain 11 July 2014 at 10:58

Bimal JainFCA, FCS, LLB, B.Com (Hons)Mobile: +91 98106 04563; E-mail: bimaljain@hotmail.comDear Professional Colleague,The Union Budget, 2014 presented by the Finance Minister today is promising on buildingconsumers confidence, investor

CBEC seeks adherence to judicial discipline in refund cases

Bimal Jain 05 July 2014 at 13:22

CBEC seeks adherence to judicial discipline in the matter of refundsThe Central Board of Excise & Customs (the CBEC) has issued Instruction F. No. 201/01/2014-CX.6 dated June 26, 2014 (the Instruction) for all the Comm

Interest to be allowed on delayed refund by Dept.

Bimal Jain 30 June 2014 at 12:55

Waiver of interest by assessee does not detract Revenues statutory obligation to grant interest on belated refundWe are sharing with you an important judgement of the Honble High Court of Allahabad, in the case of Shree Balaji Aromatics

Excise duty cut for Auto, CG, etc., extended upto Dec, 2014

Bimal Jain 27 June 2014 at 13:06

Excise duty cut for Auto, Capital goods, Consumer durables extended till Dec 31, 2014In the Interim Union Budget 2014 on 17th February, 2014, the Government had reduced the Excise duty on: Small cars, motorcycles, scooters, three wheelers and c

First Report of the Tax Administration Reform Commission (TARC)

Bimal Jain 20 June 2014 at 13:07

The Government had constituted Tax Administration Reform Commission (the TARC) headed by Dr. Parthasarathi Shome, in August 2013, to suggests core reforms to the tax adminis

Treatment of Service Tax - When Paid on Demand by Dept.

Bimal Jain 16 June 2014 at 12:27

Service tax paid by Service provider, on being pointed out by Department, can be treated as business expenditureWe are sharing with you an important judgment of the Honble High Court of Gujarat in the case of Commissioner of Income Tax-III Vs.

Marketing Services provided to Foreign Principals is Export

Bimal Jain 02 June 2014 at 11:13

Services provided to Foreign Principals for marketing their products in India qualify as an export of service We are sharing with you an important judgement of the Honble CESTAT, Delhi, in the case of Commissioner of Service Tax, Delhi Vs. Men

Unjust Enrichment not Satisfied When Refund debited as Expenditure

Bimal Jain 27 May 2014 at 13:15

Test of unjust enrichment not satisfied where refund amount is shown as expenditure and not as claims receivableWe are sharing with you an important judgment of the Honble Mumbai CESTAT in the case of Hindustan Petr

SC explains distinction b/w Sales and Works contract

Bimal Jain 19 May 2014 at 12:07

Dear Professional Colleague,SC explains distinction between Contract for sale of goods and Works contract We are sharing with you an important judgement of the Honble Supreme Court of India, in the case of Kone Elev