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The amendments made in the provisions pertaining to job work and their comparison with respect to earlier GST law has been stated in the article
The definition of capital goods has undergone a substantial change in the revised GST Law
On one hand the courts have understood the pain of the assessees to be assessed by ineligible auditors and on the other hand the government does not want to let...
Introduction:-With the hype created regarding implementation of revolutionary taxation reform, i.e., GST in the financial year 2016-17, the government attempted to mentally prepare the assessees as regards substantial reduction in the exemptions avai
Introduction:-Although, with the government resorting to implement unified taxation regime GST in near future, it was hoped that the number of returns to be filed by an assessee would reduce substantially and this has been done in case of Central Exc
Introduction:- With the forthcoming budget 2016-17 there were lot of hopes and expectations of the automobile industry that they will be encouraged by way of various tax incentives but the budget came as a curse to them. All the hopes went in vain as
Introduction:-Budget 2016 has been introduced and it has bought some major changes in the Cenvat credit scheme by amending the Cenvat Credit rules, 2004. One such change has been introduced in the rule 7 which relates to the input service distributer
LIMITATION FOR ISSUING SCN UNDER SECTION 73 ENHANCED OrPROS AND CONS OF AMENDED SECTION 73It was proposed in the Central Excise Tariff Conference that the time limit for issuing show cause notice under normal period of limitation should be increased
Preface:-The Budget, 2016 brought about a series of changes in various sectors of the industry. In this article we will focus on the various changes made through notification No. 32/2016 – Customs (N.T.). This notification has been issued to su
Introduction:-Budget 2016 has been introduced and with it has come many amendments and changes in the law. One such change is with respect to the services by way of transportation of goods by an aircraft or a vessel. The amendments made in it are eff
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