Articles by Bimal Jain

Any services provided by Government to a Business Entity chargeable to ST

Posted by Bimal Jain 17 June 2016 10644 Views

The Central Government has issued 3 important Notifications, dated April 13, 2016 to limit the scope of the Governmental services, which have been brought to Service tax under Reverse Charge w.e.f. April 1, 2016.

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

Posted by Bimal Jain 04 April 2016 11261 Views

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

Posted by Bimal Jain 04 April 2016 14276 Views

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

Posted by Bimal Jain 28 April 2021 4572 Views

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

Posted by Bimal Jain 24 June 2016 6842 Views

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"

Posted by Bimal Jain 14 March 2016 9188 Views

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

Posted by Bimal Jain 09 March 2016 7558 Views

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

Posted by Bimal Jain 29 February 2016 6897 Views

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

Posted by Bimal Jain 27 February 2016 47830 Views

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

Posted by Bimal Jain 15 February 2016 8543 Views

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