Articles by Ashish Chaudhary

How to do VAT impact Assessment - UAE VAT

Posted by Ashish Chaudhary 22 March 2018 3547 Views

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

Posted by Ashish Chaudhary 18 February 2017 8587 Views

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)

ST return scrutiny: How to combat

Posted by Ashish Chaudhary 22 July 2016 14219 Views

Service Tax has been most targeted area of Central government for garnering revenue and it has been constantly undertaking measures to pluck the revenue leakage. One such measure has b

Registration under excise by jeweller: A thoughtful decision

Posted by Ashish Chaudhary 24 June 2016 13826 Views

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

Central Excise on Jewellery: Whether fears are real?

Posted by Ashish Chaudhary 01 April 2016 14402 Views

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

Excise Duty on Textile Sector: Increased cost and Compliance Burden

Posted by Ashish Chaudhary 12 March 2016 7422 Views

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

Posted by Ashish Chaudhary 22 February 2016 3991 Views

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?

Posted by Ashish Chaudhary 20 January 2016 14985 Views

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

Posted by Ashish Chaudhary 18 November 2015 13678 Views

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

Posted by Ashish Chaudhary 07 November 2015 14025 Views

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