Articles by Sunil Kumar

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

Posted by Sunil Kumar 15 December 2016 9604 Views

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.

Changes in definition of supply under revised GST

Posted by Sunil Kumar 10 December 2016 8852 Views

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

CBEC releases revised GST Model Law and Draft Compensation Law

Posted by Sunil Kumar 27 May 2017 8625 Views

Key takeaway from GST State Compensation Law

Cross border online services: A drastic amendment

Posted by Sunil Kumar 14 May 2017 9477 Views

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

Assessee Migration towards GST

Posted by Sunil Kumar 30 April 2017 9293 Views

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

Rule 6(3): Cenvat Credit Rules

Posted by Sunil Kumar 23 April 2016 98107 Views

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