Articles by Pradeep Jain

Section 11E - A Welcome Step

Posted by Pradeep Jain 04 March 2011 22330 Views

SECTION 11E A WELCOME STEP Prepared By: CA Pradeep Jain, CA Preeti Parihar Jitesh Bhandari In the Budget 2011-12 introduced on 28.2.2011, a New Section 11E has been inserted in the Central Excise Act, 1944. This section is inserted to

Changes in Penal Provisions under Service Tax

Posted by Pradeep Jain 03 March 2011 53657 Views

Changes in Penal Provisions under Service Tax Prepared By: CA Pradeep Jain and Sukhvinder Kaur, LLB[FYIC] The Budget 2011 has proposed to bring effective changes in the penal provisions for violation of Service Tax laws. The changes brought in

Sudden hike in interest rate

Posted by Pradeep Jain 03 March 2011 7698 Views

Sudden hike in interest rate Prepared By: CA Pradeep Jain CA Rajani Thanvi The Interest liability is amplified in all the sections of custom, excise and service tax to 18% as from earlier of 13% per annum from this budget. This is one of highe

Determination of Time & Rate in ST (Point of Taxation Rules)

Posted by Pradeep Jain 03 March 2011 6653 Views

Determination of Time & Rate in Service Tax (Point of Taxation Rules, 2011) Prepared By: CA Pradeep Jain, CA Preeti Parihar And Mayank Palgauta INTRODUCTION:- In respect to the service tax Law, the Central Government of India, as alway

Branded Goods-Stitched to Excise Duty

Posted by Pradeep Jain 03 March 2011 22350 Views

BRANDED GOODS STITCHED TO EXCISE DUTY Prepared By: CA.Pradeep Jain CA. Preeti parihar CA. Ridhi Anchalia Introduction:- Major amendments have been brought in Ready made garments and made-up articles through the budget 2011-12. These g

Two Exemption Notifications: litigation inbuilt

Posted by Pradeep Jain 01 March 2011 23951 Views

Two exemption Notifications: litigation inbuilt Prepared By: - CA. Pradeep Jain CA. Preeti Parihar Introduction: - The honble Finance Minister of India has introduced the Finance Bill, 2011 on 25.2.2011. This bill has withdrawn a no. of exe

Change in Service Tax Refund Scheme

Posted by Pradeep Jain 01 March 2011 9043 Views

Change in Service Tax Refund Scheme Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] The scheme of refund of service tax paid on specified services which were utilised for export of goods was given effect in 2007 vide Notification

Changes proposed for introducing Goods and Service Tax (GST)

Posted by Pradeep Jain 01 March 2011 6560 Views

Changes proposed for introducing Goods and Service Tax (GST) Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] The introduction of Goods and Service Tax (GST) at both Central as well as State level is the dream of the Government de

Clandestine Removal: A Blessing For 100% EOU

Posted by Pradeep Jain 17 February 2011 19549 Views

Clandestine Removal: A Blessing For 100% EOU - CA. Pradeep JainCA. Preeti Parihar CA. Ridhi AnchaliaIntroduction:"Ill gotten gains" are not the ill-ones if caused due to the interpretations of law.