Articles by Bimal Jain

Effective GST Changes w.e.f 1st Oct 2023

Bimal Jain 03 October 2023 at 12:06

Sections 137 to 162 of the Finance Act, 2023 (the FA,2023) (except Sections 149 to 154) will come into force from October 01, 2023 vide Notification no. 28/2023-Central Tax dated July 31, 2023.

GST on OIDAR Services by Foreign Firms Starting Oct 1, 2023

Bimal Jain 03 October 2023 at 12:06

GST chargeable on OIDAR services by foreign firms to individuals & Govt irrespective of any usage w.e.f. 1st Oct 2023

No IGST on Ocean Freight in CIF Contracts: Changes Notified

Bimal Jain 30 September 2023 at 09:52

Stay informed about the latest updates in CIF contracts as the government announces changes exempting IGST on ocean freight. Learn how these changes may impact your international trade agreements.

Setting up of the GST Appellate Tribunal: Are We Ready?

Bimal Jain 23 June 2023 at 14:20

Tribunals are judicial institutions established by law, to provide a platform for expedited and specialized expertise in the process of adjudication.

Amendments w.r.t. GST in the Finance Bill, 2023 passed by Lok Sabha

Bimal Jain 25 March 2023 at 11:42

Amendments w.r.t. GST in the Finance Bill, 2023 passed by Lok Sabha

Activities to be undertaken for GST Compliances of FY 2022-23 in March 2023

Bimal Jain 14 March 2023 at 11:04

We have listed down certain important activities for the smooth transition/ closure of FY 2022-23

Key highlights of the proposed Customs & Excise changes in Union Budget 2023-24

Bimal Jain 02 February 2023 at 14:29

The Finance Minister has introduced the Finance Bill, 2023 in Lok Sabha today, that is February 1, 2023. Changes in Customs, Central Excise, GST law and rates have been proposed through the Finance Bill, 2023.

Key highlights of the proposed Income Tax changes in Union Budget 2023-24

Bimal Jain 02 February 2023 at 13:53

The provisions of Finance Bill, 2023, relating todirect taxes seek to amend the Income-tax Act, 1961 ("the IT Act"), to continue reforms in direct tax system through tax reliefs, removing difficulties faced by taxpayers and rationalization of various provisions.