Articles by Bimal Jain

Indian Subsidiary Services to Parent Abroad: Export of Services

Posted by Bimal Jain 06 February 2021 1606 Views

Learn how the Gujarat High Court ruled that services from an Indian subsidiary to its foreign parent company constitute an export of services.

Key GST Law Changes: Budget 2021 Highlights

Posted by Bimal Jain 04 February 2021 13409 Views

Discover key changes to GST law from the Union Budget 2021. Understand amendments to scope of supply, input tax credit, annual returns & more.

Customs & Excise Changes: Key Highlights from Union Budget 2021

Posted by Bimal Jain 03 February 2021 1906 Views

Discover the key changes in Customs and Excise duties announced in India's Union Budget 2021. Learn about new regulations and their impact.

Direct Tax Proposals: Key Highlights from Union Budget 2021

Posted by Bimal Jain 03 February 2021 11214 Views

Discover key direct tax proposals from Union Budget 2021, including senior citizen relief, tax audit changes, and ULIP taxation. Learn more!

ITC Limit Reduced: Rule 36(4) Changes for Unfurnished Invoices

Posted by Bimal Jain 14 January 2021 16250 Views

Discover how Rule 36(4) has changed, reducing the ITC entitlement for unfurnished supplier invoices from 10% to 5%. Learn about the new CGST Rules amendment effective Jan 1, 2021.

New GST Rule 86B: ITC Restrictions Explained

Posted by Bimal Jain 12 January 2021 8611 Views

Understand the new Rule 86B restricting Input Tax Credit (ITC) usage for GST output tax liability. Learn who is affected and the exceptions.

GST Registration Time Limit Extended to 7 Working Days

Posted by Bimal Jain 09 January 2021 16526 Views

Discover the updated GST registration process! The time limit for approving GST registration applications has been extended from 3 to 7 working days. Learn more.

E-way Bill Validity Extended: 200km Per Day

Posted by Bimal Jain 08 January 2021 6514 Views

Discover the updated e-way bill validity rules! Learn how the distance covered per day has increased from 100km to 200km, effective January 1, 2021.

E-Way Bill Part A Furnishing Restricted for Suspended Registrations

Posted by Bimal Jain 04 January 2021 1253 Views

Discover how suspended GST registrations are now restricted from furnishing E-Way Bill Part A. Learn about the new CGST Rules amendment and its implications.

Key GST Changes from January 1, 2021

Posted by Bimal Jain 04 January 2021 20502 Views

Discover essential GST updates effective Jan 1, 2021, including QRMP, E-invoicing, ITC rules, and e-way bills. Stay compliant with these crucial changes.