Articles by Pradeep Jain

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Changes made in Schedule-II of revised GST law

Posted by Pradeep Jain 10 June 2017 3305 Views

Schedule II prescribes such transactions which will be deemed to be supply of goods and services.

Update on revised draft GST law

Posted by Pradeep Jain 10 June 2017 5805 Views

Many changes have been made in the revised draft GST law in comparison to earlier draft GST law.

Changes in definition of inputs, capital goods and input services

Posted by Pradeep Jain 10 May 2017 4112 Views

As evident from revised draft, the definitions of the input goods, capital goods and input services have undergone a major change or let's say, it has been simplified to the maximum extent possible.

Changes in schedule IV and schedule V of revised GST draft law

Posted by Pradeep Jain 14 December 2016 6535 Views

We will discuss the changes and consequences in schedule IV and V.

Rule 7B of cenvat credit rules, 2004 - A new concept for multi-unit companies

Posted by Pradeep Jain 05 March 2016 5638 Views

Introduction:-Budget, 2016 has come up with some new provisions and concepts in the Central Excise Law. One such provision has been introduced in the name of rule 7B of Central Excise Rules, 2004 which has been framed on the same lines of input servi

Credit Balance of Ed Cess & SHE Cess-Never Ending Story!

Posted by Pradeep Jain 01 December 2015 11257 Views

Introduction:- The announcement of the exemption to the levy of Education Cess and SHE Cess levied on Excise duty with effect from 01.03.2015 and that levied on service tax with effect from 01.06.2015 created new hopes in the minds of the assessees a

Swachh Bharat Cess - Cleaning India or cleaning pockets!!

Posted by Pradeep Jain 23 November 2015 11604 Views

SWACHH BHARAT CESS-CLEANING INDIA OR CLEANING POCKETS!!An Article By:-CA PRADEEP JAINCA NEETU SUKHWANIPreface:- The moment when it was announced by the Hon�ble Finance Ministerthat the exemption is being provided to the levy of Education Cess a

Proposed payment process under GST - New & improved

Posted by Pradeep Jain 07 November 2015 13962 Views

Introduction-Report of The Joint Committee on Business Processes for GST� has already been circulated and views have been sought from people at large for suggesting improvements thereupon. This report is divided into three parts namely G

Draft registration procedure of GST - There is a scope for improvement

Posted by Pradeep Jain 05 November 2015 9096 Views

Introduction-�Sincere� is the word when combined with the word �Effort� makes the road to success as smooth and reliable. Such sincere efforts are being made by the Central Government for paving the path to Good and Services T

ST on Director's remuneration - Instigating litigation!

Posted by Pradeep Jain 25 September 2015 10555 Views

Introduction:- The issue regarding leviability of service tax on remuneration paid to the directors has been matter of concern since 07.08.2012 when reverse charge mechanism was introduced vide notification no. 45/2012-ST dated 07.08.2012 for the s