Articles by Madhukar N Hiregange

Cenvat Credit Under Service Tax

Posted by Madhukar N Hiregange 26 May 2009 273805 Views

CENVAT CREDITS UNDER SERVICE TAX By Madhukar N Hiregange FCA& Sudhir V S. B.com , ACA The Cenvat Credit Rules 2004 has followed the Modvat provisions of 1987. This has replaced the Service Tax Credit Rules 2002 which was in vogue for two years w

Renting - Delhi HC - Liable?

Posted by Madhukar N Hiregange 28 April 2009 6686 Views

Renting of Immovable Property - Delhi HC – Liable ?By CA Madhukar N Hiregange & CA Srikantha Rao T The category of renting of immovable property service was introduced under service tax for the first time with effect from 01.06.2007. Thi

Basic- Principles- Service Tax

Posted by Madhukar N Hiregange 20 April 2009 55867 Views

Basic Principles- Service TaxMadhukar N Hiregange FCA, DISA (ICAI)& Roopa Nayak ACAThe net of service tax was stated with 3 services in the year 1994 has become wide enough to cover 104 services today. Law being young and having wide applicabili

Job Work Under Central Excise

Posted by Madhukar N Hiregange 10 April 2009 117726 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

Value Addition in VAT audits

Posted by Madhukar N Hiregange 10 April 2009 13519 Views

VALUE ADDITION DURING VAT AUDITMadhukar N Hiregange FCA Many states in India have started asking the professionals ( sometimes Chartered Accountants only) to carry out a VAT audit similar to the Tax audit as envisaged under Income Tax. This is a mov

Effective Listening/ Learning

Posted by Madhukar N Hiregange 10 April 2009 6319 Views

Auditors or Articles – Effective Listening /LearningMadhukar N Hiregange FCA Audit is a word derived from the latin word – auditus which means hearing which in the past was analogous to listening. In ancient times in India, Egypt audit e

Amazing Opportunities in Service Tax Practice

Posted by Madhukar N Hiregange 03 April 2009 20619 Views

Amazing Opportunities for Professional Practice – Service Tax Madhukar N Hiregange FCA The practice in service tax is one area which would offer immense opportunities for the starter as well as multi partner firms.

February Rate Changes - Effect

Posted by Madhukar N Hiregange 01 March 2009 8431 Views

NOTE ON DUTY RATES UNDER CENTRAL EXCISE- 24.02.2009 Madhukar N Hiregange FCA & Vinay K.V. ACA The Government has been concerned about the impact of the global financial crisis on the Indian economy and a couple of steps have been taken to deal wi

FAQ - Service Tax

Posted by Madhukar N Hiregange 21 February 2009 36799 Views

FREQUENTLY ASKED QUESTIONS ON SERVICE TAX By Madhukar N Hiregange (FCA, DISA) & Sri

ST- Residential Complex- Developers Not Liable

Posted by Madhukar N Hiregange 05 February 2009 9222 Views

Service Tax- Residential Complex- Developers Exempt By Madhukar N Hiregange, FCA, DISA (ICAI) & Sudhir V S B.com, ACA In the Finance Act of 2004 commercial construction was introduced followed by site formation and residential complex constructio