Articles by Sunil Kumar

An evening conversation of GST applicability on sale of repossessed assets by banks

Sunil Kumar 15 December 2016 at 11:53

The matter is subject to finality before the Apex Court. But many banking companies are not paying tax and making appropriate provision for this probable liability. It was expected that the Government might bring clarity on this transaction under GST.

Posted in GST | 8 comments | 8826 Views

Changes in definition of supply under revised GST

Sunil Kumar 09 December 2016 at 18:36

The taxable event under the existing regime is event based. Under the GST regime it would be supply.

Posted in GST | 2 comments | 8637 Views

CBEC releases revised GST Model Law and Draft Compensation Law

Sunil Kumar 28 November 2016 at 10:47

Key takeaway from GST State Compensation Law

Posted in GST | 8343 Views

Cross border online services: A drastic amendment

Sunil Kumar 15 November 2016 at 12:35

This article provides the detailed analysis on all such notifications issued by the CG and circular issued in this regard by CBEC

Posted in Service Tax | 5 comments | 9210 Views

Assessee Migration towards GST

Sunil Kumar 01 November 2016 at 13:21

This article drafted to provide analyses on the provisions of Draft model law and Draft rules relating to registration migration process.

Posted in GST | 9048 Views

Rule 6(3): Cenvat Credit Rules

Sunil Kumar 23 April 2016 at 11:59

CENVAT CREDIT AVAILABLE VS CENVAT CREDIT TAKENALARMING AMENDMENT IN RULE 6(3) OF CENVAT CREDIT RULES(a) A manufacturer who manufactures two classes of goods namely:- Non exempted goods removed Exempted goods removedOr(b) a provider of output servic

Posted in Service Tax | 97734 Views