Articles by Bimal Jain

Imp Service tax changes in Budget applicable from 1st Oct

Posted by Bimal Jain 27 August 2014 38605 Views

Dear Professional Colleague, We are sharing with you certain amendments made vide recent Notifications dated August 25, 2014 issued by the Central Board of Excise & Customs (the CBEC): 1. Fixation of date of applicability of Clauses

Indirect Tax & Other Laws Communique

Posted by Bimal Jain 27 August 2014 5792 Views

SERVICE TAX NOTIFICTIONS/CIRCULARS Religious pilgrimage services provided by specified organizations get exemption from Service tax In exercise of the powers conferred by Section 93(1) of the Finance Act, 1994, the CBEC vide its Notification No. 17/2

No Service Tax Audit by Department or CAG

Posted by Bimal Jain 07 August 2014 14151 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 17873 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 39642 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 7365 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 7063 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 10680 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 7709 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 8084 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.