Articles by Bimal Jain

Changes in Mega Exemption List w.e.f April 1, 2013

Posted by Bimal Jain 02 April 2013 22559 Views

CHANGES IN MEGA EXEMPTION LIST W.E.F APRIL 1, 2013 VIDE NOTIFICATION NO. 3/2013-ST DATED. 1-3-2013 AMENDING NOTIFICATION NO. 25/2012-ST DATED. 20-6-2012: Under S. No. 9 - Exemption by way of auxiliary educational services and renting

Service tax implication on AC Restaurants-Finance Bill, 2013

Posted by Bimal Jain 01 April 2013 48231 Views

With effect from July 1, 2012, Service is defined under Section 65B(44) of Chapter V of the Finance Act, 1994 (the Finance Act) means any activity carried out by a

Service Tax Return (ST-3) for July-Sep, 2012 now available

Posted by Bimal Jain 29 March 2013 42407 Views

Service Tax Return (ST-3) for July-September, 2012 now available in modified format for e-filing on ACES. Service Tax Return (ST-3) is now available in a modified format for e-filing on ACES website for the quarter July to September 2012, which req

Changes in Indirect Taxes - Union Budget 2013

Posted by Bimal Jain 28 February 2013 24281 Views

Dear Professional Colleague, We are sharing with you important changes in Indirect Taxes - Union Budget 2013:-

Merely entry in books - Not amount to provision of Service

Posted by Bimal Jain 25 February 2013 6768 Views

Merely making entry in books of account did not amount to provision of service Highlights of important judgement of the Honble CESTAT-Chennai in the case of M/s FUTURA POLYESTER LTD. versus COMMISSIONER OF CENTRAL EXCISE. CHENNAI-I [2013 (1)

SC: Mere non-payment of duties is not always evasion of Taxes

Posted by Bimal Jain 16 February 2013 9411 Views

Mere non-payment of duties is not collusion or willful misstatement or suppression of facts We are sharing with you an important judgement of the Honble Supreme Court in the case of M/s UNIWORTH TEXTILES LTD Versus COMMISSIONER OF CENTRAL EXC

ST-10% or 12% - HC quashes two Circulars imposing higher rate

Posted by Bimal Jain 05 February 2013 6406 Views

Service Tax - 10% or 12% - Delhi HC quashes two Circulars imposing higher rate of Service tax We are sharing with you an important judgement of Honble Delhi High Court in the case of DELHI CHARTERED ACCOUNTANTS SOCIETY (REGD.) versus UNION O

No direct Nexus required of Input vs.Output Services-Export

Posted by Bimal Jain 30 January 2013 10434 Views

We are sharing with you an important judgement of Honble CESTAT-Mumbai in the case of M/s Kijiji (India) (P.) Ltd. Versus Commissioner of Central Excise, Mu

HC grant stay against CBEC's Circular on Recovery of Demands

Posted by Bimal Jain 15 January 2013 18934 Views

AP High Court grant interim stay against CBECs Circular on recovery of confirmed demand during pendency of stay application The Central Board of Excise and Customs (CBEC) has issued its first Central Excise Circular No. 967/01/2013 - CX, dat

Recovery of Confirmed Demands in pendency of Stay appeal

Posted by Bimal Jain 03 January 2013 9380 Views

Recovery of Confirmed Demands‏ during pendency of Stay applications CBEC has issued its first Central Excise Circular No. 967/01/2013 - CX, dated January 01, 2013 on eve of New Year 2013, for recovery of confirmed demands during pendency of Sta