NOTE ON TAXABILITY ON WARRANTY SUPPLY MADE DURING WARRANTY PERIOD SUBSEQUENT TO ORIGINAL SUPPLY FREE OF COST (August 2017)
Indirect Tax and Direct Tax
GST – Electronic – Way Bill Major Hurdle in Ease of Doing Business (May 2017)
GST Article – May 2017
GST: Implementation & Transitional Issues (February 2017)
Please click here to see the article : GST Article on Implementation & Transitional Issues (Feb 2017)
Goods & Service Tax (GST) Revised Draft GST Law & Impact thereof (January 2017)
Revised draft GST Law was put on the public domain on 25th November 2016 and thereafter, whatever suggestions have been received by GST Council were reviewed during GST Council Meetings held during the month December 2016 and finally all the sections of CGST Law & SGST Law have been approved. Similarly, all provisions of IGST …
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Be a Tension free of Litigations (Direct Tax & Indirect Tax) (June 2016)
Litigation is the curse and hindrance for the growth of Indian Industry. Number of litigations are pending at various levels i.e. 1st Adjudication, 1st Appeal, 2nd Appeal, Appeals in High Court & Supreme Court. Litigations has substantially increased not only on account of multiplicity of the laws in India as well as complexity thereof, but, …
Be a Tension free of Litigations (Direct Tax & Indirect Tax) (June 2016) Read More »
Krishi Kalyan Cess..!! (June 2016)
In the budget for the 2016-17, the central government had announced imposition of Krishi Kalyan Cess (herein after referred as KKC) at 0.5% of value of all taxable services. This cess will be collected to finance and promote initiatives to improve agriculture in India. It is estimated that with introduction of this cess, the government …
Revised Procedure for valuation of imported goods (SVB Procedure)..!! (April 2016)
Executive Summary The related party transactions of import of goods are subjected to review by the Special Valuation Branch (SVB) of customs owing the complexities involved therein. Most of the importer were facing issues due to the cumbersome procedure for getting the valuation process complete. Also there were considerable number of cases which were pending …
Revised Procedure for valuation of imported goods (SVB Procedure)..!! (April 2016) Read More »
Applicability of Central Excise duties on Jewellery w.e.f. 1st March 2016 (April 2016)
Executive summary The excise duty has been made applicable on following Jewellery articles manufactured and cleared w.e.f. 1st March 2016. The Jewellers are on strikes since announcement of the levy leading to considerable loss to the economy. This article covers applicability of Central excise duties on Jewellery manufacturing units and the issues which needs to …
Applicability of Central Excise duties on Jewellery w.e.f. 1st March 2016 (April 2016) Read More »
