Articles by Bimal Jain

Union Budget 2016: Important changes in Excise & Customs effective from April 1, 2016

Bimal Jain 04 April 2016 at 11:14

Affirming that the economy is right on track, the Hon�ble Finance Minister Shri. Arun Jaitley presented the Union Budget for 20

Union Budget 2016: Important changes in Service Tax and Credit Rules effective from April 1, 2016

Bimal Jain 04 April 2016 at 11:13

Affirming that the economy is right on track, the Hon�ble Finance Minister Shri. Arun Jaitley presented the Union Budge

Delhi Budget 2016 Highlights: Focus on education, infrastructure; watches, shoes become cheaper

Bimal Jain 31 March 2016 at 10:59

We had promised lowest VAT rates in the country, that process has been started today Chief Minister Arvind Kejriwal

Indirect Tax Dispute Resolution Scheme, 2016: Clouds of doubt on success quotient

Bimal Jain 23 March 2016 at 11:09

Dear Professional Colleague,Indirect Tax Dispute Resolution Scheme, 2016: Clouds of doubt on success quotientThe Union Budget, 2016, has introduced number of measures for reducing litigation and providing certainty in taxation, considering the same a

Increase in limitation period for issuing SCN - Is this "Ease of doing business"

Bimal Jain 14 March 2016 at 11:31

Dear Professional Colleague,Increase in limitation period for issuing SCN � Is this �Ease of doing business�Amongst the flurry of changes brought in by the Union Budget 2016 seeking to reform the Country�s taxation system and

Impact of increase service tax on Make in India

Bimal Jain 09 March 2016 at 11:13

Dear professional colleague,Krishi Kalyan Cess on all taxable services w.e.f. June 1, 2016 � Impact on �Make in India� and �Start-up India� driveAmidst huge expectations, the Hon�ble Finance Minister Shri. Arun Jai

7 - 7.75% growth in 2016-17: Key Highlights of the Economic Survey 2016

Bimal Jain 29 February 2016 at 10:19

Ahead of the Union Budget 2016, the Hon�ble Finance Minister Shri Arun Jaitley tabled today Economic Survey Report 2016 in the Parliament, outlin

Service tax leviable on any services provided by Government from 1st April 2016

Bimal Jain 27 February 2016 at 11:30

Dear Professional Colleague, Service tax leviable on any services provided by Government or Local Authority to a Business Entity w.e.f 1-4-2016 and issues thereinBackgroundPresently, in terms of Section 66D(a)(iv) of the Finance Act, 1994 (�the

Cenvat credit admissible on services of sales commission agent

Bimal Jain 15 February 2016 at 10:47

Cenvat credit admissible on services of sales commission agentBackground:Even though the definition of �input services� given under Rule 2(l) of the Cenvat Credit Rules, 2004 (�the Credit Rules�) covers the services of sales p

Rebate or refund of SB Cess on exports & services used in SEZ

Bimal Jain 05 February 2016 at 11:42

Dear Professional Colleague,Rebate/refund of SB Cess on exports & services used in SEZ; Cenvat credit cannot be used for SB Cess & othersThe Central Government (�CG�) has issued various Notifications under the Service tax and the