Articles by Madhukar N Hiregange

Client Focus - Key to Success

Posted by Madhukar N Hiregange 29 January 2010 22205 Views

Client Focus- A key to Success Madhukar N Hiregange FCA & Roopa Nayak ACA Introduction: It is not uncommon to hear that the client is unwilling to pay the fees or delays the same inordinately. Even that all services in all taxes, advisory is a

GST- A precursor

Posted by Madhukar N Hiregange 12 January 2010 18517 Views

Goods and Service Tax - A PrecursorIntroductionThe idea from as far back as 1978 when the Jha committee recommended VAT In India to budget 2006-07 came to head when Mr. P. Chidambaram, announced a decision on GST by 2010. He said, “It is my s

Catering Services

Posted by Madhukar N Hiregange 27 August 2009 48188 Views

Outdoor Catering ServiceBy CA. Madhukar N Hiregange& CA.Srikantha Rao TIn this article we examine the taxable service category of Outdoor catering in terms of the definition, the activities liable and the issues which arise in seeking to tax this cat

SSI Exemption

Posted by Madhukar N Hiregange 27 August 2009 47444 Views

CENTRAL EXCISE - SMALL SCALE INDUSTRIES By Madhukar N Hiregange (DISA, FCA)& Srikantha Rao T (B.Com, ACA) A manufacturer who manufactures excisable goods in India is liable to pay Central Excise duty on such goods. The duty is collected on clear

Budget Amendment- Impact

Posted by Madhukar N Hiregange 22 August 2009 12850 Views

Budget Amendments- Service Tax – 1st September 2009CA Madhukar N Hiregange & CA Vinay K.V. It is the practice followed in every budget by our Honorable Finance Minister to expand the scope (coverage) by introducing new categories of

Job Work Under Central Excise

Posted by Madhukar N Hiregange 20 August 2009 49095 Views

JOB WORK UNDER CENTRAL EXCISEBy Madhukar N Hiregange (FCA, DISA)& Srikantha Rao T (B.Com, ACA) Job work is one of the most important aspects that a manufacturer registered under Central Excise should be familiar with not just because it enables

Disputed Input Services

Posted by Madhukar N Hiregange 12 August 2009 16471 Views

DISPUTED INPUTS SERVICE CREDITS AND MANUFACTURERBy CA Madhukar N Hiregange& CA Srikantha Rao TThe concept of set off where an assessee adding value is able to set off the taxes on his purchases, is an important one which enables one to avoid the

Service Tax - Budget 2009

Posted by Madhukar N Hiregange 07 July 2009 11414 Views

Service Tax: Budget- 2009 HighlightsBy Madhukar N Hiregange, FCA, DISA& Sudhir V S, B.com ACADirection of IDTThe FM stated that as advised by Kuatilya 3000 years back he would make the law certain and equitable. The speech itself dispelled any s

SSI & Central Excise

Posted by Madhukar N Hiregange 28 May 2009 16030 Views

Budget 2009- ST suggestions

Posted by Madhukar N Hiregange 28 May 2009 6227 Views

Budget 2009 - Specific Issues / Suggestions in Service Tax. Madhukar N Hiregange FCA This notation from our side covers the issues which have been bought to our notice or those where there is a doubt in the minds of the officers/ tax payers. These