Articles by Bimal Jain

No Service Tax Audit by Department or CAG

Posted by Bimal Jain 07 August 2014 14135 Views

Dear Professional Colleague,No Service Tax Audit by Department or CAGWe are sharing with you an important judgment of the Hon'ble Delhi High Court in the case of Travelite (India) Vs. Union of India & Ors. [W.P. (C) 3774/2013, C.M. No. 7065/2013] on

No ST on Deputation of employees on cost-sharing basis

Posted by Bimal Jain 02 August 2014 17823 Views

Deputation of employees on cost-sharing basis does not fall under Supply of Manpower Services We are sharing with you an important judgment of the Honble High Court of Gujarat in the case of Commissioner of Service Tax Vs. Arvind Mills Ltd. [(

Service Tax, Excise and Custom Changes in Budget 14

Posted by Bimal Jain 11 July 2014 39625 Views

Bimal JainFCA, FCS, LLB, B.Com (Hons)Mobile: +91 98106 04563; E-mail: bimaljain@hotmail.comDear Professional Colleague,The Union Budget, 2014 presented by the Finance Minister today is promising on buildingconsumers confidence, investor

CBEC seeks adherence to judicial discipline in refund cases

Posted by Bimal Jain 05 July 2014 7350 Views

CBEC seeks adherence to judicial discipline in the matter of refundsThe Central Board of Excise & Customs (the CBEC) has issued Instruction F. No. 201/01/2014-CX.6 dated June 26, 2014 (the Instruction) for all the Comm

Interest to be allowed on delayed refund by Dept.

Posted by Bimal Jain 30 June 2014 7049 Views

Waiver of interest by assessee does not detract Revenues statutory obligation to grant interest on belated refundWe are sharing with you an important judgement of the Honble High Court of Allahabad, in the case of Shree Balaji Aromatics

Excise duty cut for Auto, CG, etc., extended upto Dec, 2014

Posted by Bimal Jain 27 June 2014 10653 Views

Excise duty cut for Auto, Capital goods, Consumer durables extended till Dec 31, 2014In the Interim Union Budget 2014 on 17th February, 2014, the Government had reduced the Excise duty on: Small cars, motorcycles, scooters, three wheelers and c

First Report of the Tax Administration Reform Commission (TARC)

Posted by Bimal Jain 20 June 2014 7680 Views

The Government had constituted Tax Administration Reform Commission (the TARC) headed by Dr. Parthasarathi Shome, in August 2013, to suggests core reforms to the tax adminis

Treatment of Service Tax - When Paid on Demand by Dept.

Posted by Bimal Jain 16 June 2014 8075 Views

Service tax paid by Service provider, on being pointed out by Department, can be treated as business expenditureWe are sharing with you an important judgment of the Honble High Court of Gujarat in the case of Commissioner of Income Tax-III Vs.

Marketing Services provided to Foreign Principals is Export

Posted by Bimal Jain 02 June 2014 5498 Views

Services provided to Foreign Principals for marketing their products in India qualify as an export of service We are sharing with you an important judgement of the Honble CESTAT, Delhi, in the case of Commissioner of Service Tax, Delhi Vs. Men

Unjust Enrichment not Satisfied When Refund debited as Expenditure

Posted by Bimal Jain 27 May 2014 7434 Views

Test of unjust enrichment not satisfied where refund amount is shown as expenditure and not as claims receivableWe are sharing with you an important judgment of the Honble Mumbai CESTAT in the case of Hindustan Petr