Articles by CA Raman Singla

GST- Return

Posted by CA Raman Singla 08 April 2020 35075 Views

A return is a statement of specified particulars relating to business activity undertaken by the taxable person during a prescribed period. A taxable person has a legal obligation: To declare his tax

No Krishi Kalyan Cess on debtors as on 13th May 2016 - Part 2

Posted by CA Raman Singla 02 June 2016 13540 Views

The enabling provisions for KRISHI KALYAN CESS (KKC) are contained in Chapter � VI of Finance Act� 2016. As per the provisions, KKC shall be applicable at 0.5% on all taxable services and the proceeds of KKC would be exclusively used for

Simplified approach to service tax - Krishi Kalyan Cess

Posted by CA Raman Singla 17 May 2016 11819 Views

SIMPLIFIED APPROACH TO SERVICE TAX - KRISHI KALYAN CESS - CHAPTER VI OF FINANCE ACT� 2016BUDGET SPEECH(�152. I propose to impose a Cess, called the Krishi Kalyan Cess, @ 0.5% on all taxable services, proceeds of which would be exclusively

Requirement of setting up a business in India by a foreign company

Posted by CA Raman Singla 18 January 2016 4133 Views

ENTRY STRATEGIES FOR FOREIGN INVESTORS A foreign company planning to set up business operations in India has the following options: 1. AS AN INDIAN COMPANY A foreign company can commence operations in India b

GST Payment - Online or Manual?

Posted by CA Raman Singla 21 December 2015 22928 Views

One more Report of Joint Committee dated April 2015 was issued to give clarity on the issues relating Goods and Service Tax Payment.It is said that more the system and procedures are made electronic more is the efficiency of tax administration and gr

Three new & major notifications issued for Swachh Bharat cess

Posted by CA Raman Singla 14 November 2015 15049 Views

We carried the article on our website titled �Swachh Bharat Cess � Not so Swachh� containing the issues that needs to be settled by the board relating to Swachh Bharat Cess (SBC).The Board acted proactively and responded even when w

Let's Do Yoga - Service Tax Exempted

Posted by CA Raman Singla 14 November 2015 9211 Views

Good news for Baba Ramdev�!!!Will yoga classes carried by charitable institutions for consideration be chargeable to service tax?Charitable trusts organise yoga camps or other fitness camps and they generally are not free for participants, as

"Swachh Bharat Cess - Not so swachh"

Posted by CA Raman Singla 13 November 2015 9782 Views

The thrust of Modi Government towards clean India has made the government to impose Swachh Bharat Cess. With the objective of financing and promoting Swachh Bharat initiatives, enabling provisions were made in the Finance Bill� 2015 to empower

Treatment of Education Cess - Decent notification for service providers

Posted by CA Raman Singla 05 November 2015 7377 Views

As per the amendment made by Finance Act� 2015, the rate of service tax has been increased from 12.36% to 14% w.e.f. 01.06.2015. In this respect the issue which arise is that �Whether the cenvat credit of education cess which is available