Articles by Bimal Jain

Changes in ST, Excise and Custom by Interim Budget 14

Posted by Bimal Jain 18 February 2014 54207 Views

Dear Professional Colleague, The Honble Finance Minister P. Chidambaram presented the Interim Budget for the fiscal year 2014-15 on Monday, February 17, 2014 to cover expenditure until the Government's term ends in May, 2014. While presenting

Service tax on services provided by RWA to its own members

Posted by Bimal Jain 16 January 2014 15159 Views

Dear Professional Colleague,Clarifications with regard to levy of service tax on services provided by RWA to its own members Background:Service tax on 'club or association service' which covers RWA, was introduced with effect from June 16, 20

Delhi VAT Amnesty Scheme closing by 31st January, 2014

Posted by Bimal Jain 16 January 2014 19532 Views

Dear Professional Colleagues,Delhi VAT Amnesty Scheme closing by 31st January, 2014 Pursuant to the power conferred by Section 107 of the Delhi Value Added Tax Act, 2004 (the Actor DVAT), the Lt. Governor of National Capit

How to pass Cenvat credit on Imported goods by Importer

Posted by Bimal Jain 06 January 2014 60003 Views

Dear Professional Colleague,Amendments in the Cenvat Credit Rules, 2004 and the Central Excise Rules, 2002The Finance Minister had constituted a Forum under the Chairmanship of Dr. Parthasarathy Shome and the Forum had received certain difficulties f

Rejection Order under VCES is appealable & recent clarifications

Posted by Bimal Jain 12 December 2013 24467 Views

Dear Professional Colleague, Rejection Order under VCES is appealable & recent clarifications issued pertaining to VCES We are sharing with you an important judgement of the Honble Punjab & Haryana High Court in the case of M/s Barnala

Interest if dept unjustly hold rightfully earn Cenvat Credit

Posted by Bimal Jain 13 November 2013 14626 Views

Dear Professional Colleague, Assessee entitled to interest if the Department unjustly holds rightfully earned Cenvat credit We are sharing with you an important judgement of the Honble Gujarat High Court in the case of Hindustan Coca-Cola Bev

Same activity is not as Manufacture & Service at a time

Posted by Bimal Jain 21 October 2013 7457 Views

Dear Professional Colleague, Same activity cannot be considered as manufacturing and service at a time We are sharing with you an important judgement of the Honble CESTAT, New Delhi, in the case of Jubilant Industries Limited Versus CCE, Ghaz

Restaurant Services - Clarification provided by CBEC

Posted by Bimal Jain 09 October 2013 30427 Views

The CBEC has provided clarifications vide Circular No. 173/8/2013-ST., Dated: October 7, 2013 on various doubts and questions raised pertaining to Restaurant Services, which is reproduced here in below: Doubt 1. In a complex where air conditioned

No Recovery if applied for payment of ST Under VCES, 2013

Posted by Bimal Jain 28 September 2013 10179 Views

Dear Professional Colleague, No Recovery proceedings if applied for payment of defaulted Service Tax under VCES, 2013 The Service Tax Voluntary Compliance Encouragement Scheme, 2013 (VCES, 2013 or the Scheme) is not abl

Work carried out on lump sum basis is not supply of Manpower

Posted by Bimal Jain 12 September 2013 65164 Views

Dear Professional Colleague, Work carried out on lump sum basis does not falls under supply of manpower services We are sharing with you an important judgement of the Honble CESTAT in the case of M/s. Shri Bileshwar Khand Udyog Sahakari Mand