Articles by CA. Rajeev K. Sharma

Avail One-time Opportunity to claim the missed out Transitional Credit in GST

CA. Rajeev K. Sharma 25 November 2022 at 08:57

''Registered Persons' might not have carried forward/claimed 'left out credit/'correct left out credit before 27.12.2017.

Posted in GST | 2 comments | 3978 Views

Reversal not required by Restaurants and Outdoor Caterers under Rule 6(3) of Cenvat Credit Rules, 2004

CA. Rajeev K. Sharma 12 July 2019 at 11:39

In the past, numerous show cause notices have been issued all over India by Service Tax Authorities to Restaurant Owners and Outdoor Caterers alleging non-rever..

Posted in GST | 2 comments | 7722 Views

Transitional Issues in GST on Textiles

CA. Rajeev K. Sharma 18 July 2017 at 10:38

Transitional Issues in GST on Textiles - Deemed Credit of CGST on Textile Cloth and other items

Posted in GST | 8 comments | 8622 Views

Textiles and Goods and Services Tax - GST Rates

CA. Rajeev K. Sharma 06 July 2017 at 10:36

Timely and strict compliance of the law being the back bone of self-assessment under GST, becomes more important for every registered person under GST.

Posted in GST | 19 comments | 32829 Views

Analysis and Procedural Aspects for Composition Levy under GST in India

CA. Rajeev K. Sharma 27 June 2017 at 11:03

Analysis and Procedural Aspects for Composition Levy under GST in India

Posted in GST | 7 comments | 6774 Views

Registration and excise on ready made garments post budget

CA. Rajeev K. Sharma 04 March 2016 at 11:34

In my first part of the Article "Excise on Ready Made Garments and Made Ups-Post Budget-2016" we had presented a brief note on applicable Central Excise with effect from 1st of March, 2016 on Readymade Garments and Made Ups. In this part,

Posted in Others | 2 comments | 9174 Views

ST new exemption and exemption withdrawn after Budget

CA. Rajeev K. Sharma 01 March 2016 at 10:44

ST new exemptions and exemptions withdrawn immediately with effect from 1st March, 2016 - Budget 2016 Subject Present Position Budgetary Change

Posted in Others | 13752 Views

Excise on Ready Made Garments and Made Ups - Post Budget-2016 Position

CA. Rajeev K. Sharma 29 February 2016 at 15:35

Excise duty of 2% (without CENVAT credit) or 12.5% (with CENVAT credit) is being levied on readymade garments and made up articles of textiles falling under Chapters 61, 62 and 63 (heading Nos. 6301 to 6308) of the Central Excise Tariff except those

Posted in Others | 4 comments | 18783 Views

Ready reckoner - ST changes effective from 1st April, 2015

CA. Rajeev K. Sharma 02 April 2015 at 10:23

READY RECKNOR SERVICE TAX CHANGES 01-04-2015 In this Ready to- Read Table, I have endeavored to encapsulate major changes in service tax that are effective from 01-04-2015 along with proposed changes in service tax rates consequent as enshrine

Posted in Service Tax | 38 comments | 58632 Views

Business doesn't pay taxes,it collects it

CA. Rajeev K. Sharma 24 January 2015 at 17:38

You cant tax business. Business doesnt pay taxes. It collects taxes. -A Discussion on recent VAT Provisions regarding Input Tax Credit What Ronald Reagan said on that evening in his office at Wilshire Boulevard Road, Cali

Posted in VAT | 1 comments | 20985 Views