Articles by Bimal Jain

GST Budget 2021: CGST Act Amendments Explained

Posted by Bimal Jain 23 August 2021 1692 Views

Discover key GST amendments from Budget 2021 affecting Sections 74, 107, 151, 152 & 168 of the CGST Act. Learn about fraud cases, appeals, and data collection.

GST: Recovery of Self-Assessed Tax Explained

Posted by Bimal Jain 21 August 2021 1655 Views

Understand the new GST rules for recovering self-assessed tax. Learn how outward supply details in GSTR-1 impact tax recovery under Section 75(12).

GST Provisional Attachment: Can Dept Seize Property/Bank Accounts?

Posted by Bimal Jain 21 August 2021 2814 Views

Discover if the GST department can provisionally attach property or bank accounts. Learn about the expanded powers under Section 83 of the CGST Act.

GST Interest on Net Tax Liability: Budget 2021 Changes

Posted by Bimal Jain 17 August 2021 1820 Views

Understand the Union Budget 2021 changes to GST, specifically how interest is now leviable only on net tax liability. Learn more!

GST Audit Scrapped? Budget 2021 Changes Explained

Posted by Bimal Jain 17 August 2021 4008 Views

Discover how the Union Budget 2021 changes impact GST audits. Learn about the move to self-certification and what it means for your business. Read now!

GST on Sanitizers: Classification & 18% Tax Rate

Posted by Bimal Jain 29 May 2021 2227 Views

Understand the GST classification of hand sanitizers. Learn why they're taxed at 18% under HSN 3808, not as medicaments.

GST on Healthcare Services: Item Classification Guide

Posted by Bimal Jain 29 May 2021 4572 Views

Understand GST classification for healthcare items. Learn about reagents, microscopes, implants, and more. Get clarity on tax rates.

GST on Health Services: Understanding Mixed Supply

Posted by Bimal Jain 29 May 2021 2097 Views

Discover how GST applies to bundled health services. Learn about mixed supply classifications and tax rates for medical kits and telemedicine.

GST on Healthcare Services: Composite Supply Explained

Posted by Bimal Jain 22 May 2021 4064 Views

Understand GST implications on healthcare services, focusing on composite supplies and exemptions. Get clarity on what's taxable and what's not.

Demand of Service tax on the amount credited/ debited to suspense

Posted by Bimal Jain 02 May 2021 17255 Views

Dear Professional Colleague,Demand of Service tax on the amount credited/ debited to suspense account for the period prior to May 10, 2008 is not exigible to Service taxWe are sharing with you an important judgment of Honble CESTAT, Chennai, i