Articles by CS Priyanka Gupta

Exemption to Ready Mix Concrete - A Great Relief to Construction Industry

CS Priyanka Gupta 09 March 2016 at 11:13

Taxability of Ready Mix Concrete, now a days has gathered a great impetus, due to various investigations and show cause notices being raised by the excise department to collect excise duty applicable to RMC from various construction industri

Scrutiny of services provided to/by government post budget 2016

CS Priyanka Gupta 04 March 2016 at 11:33

I.ANALYSES OF APPLICABILITY OF SERVICE TAX ON SERVICES PROVIDED TO GOVERNMENT, LOCAL AUTHORITY OR GOVERNMENTAL AUTHORITYServices regarding construction, erection etc of Civil Structure, Educational Establishment and Residential Complex�HISTORYT

Introspection of Amendments in Service Tax provisions via Budget 2016

CS Priyanka Gupta 04 March 2016 at 11:33

Hon�ble Finance Minister Sh. Arun Jaitley tables the Union Budget 2016 on 29 Feb-2016, citing that 0.5% of Krishi Kalyan Cess to be levied on all the services making the effective service tax rate 15% (i.e. 14% + Swachh Bharat Cess 0.5% + Krish

VAT on Service Tax- a myth or reality

CS Priyanka Gupta 26 February 2016 at 10:59

y?The Indirect Tax structure in India is composed of a group of tax laws and regulations. It is levied upon different activities including manufacturing, sale, trading, services and imports. Wide range of Indirect

Software - A tussle between VAT and Service Tax

CS Priyanka Gupta 11 December 2015 at 17:05

In the current high-tech era, information technology has become an indispensable part of our life. India, being an IT hub, this fast growing industry is a major source of revenue. Hence, it becomes vital to assess the taxability of proceeds generated

Exegesis of the 'Rules of Computation of H-VAT' for Builders

CS Priyanka Gupta 28 October 2015 at 10:40

The controversy regarding liability to pay VAT on agreements for sale of flats and units by builders and developers in Haryana has been emerged over a last few years. It is purely a grey area where nothing is crystal clear, in spite of recently amend

Enigma in VAT for E-commerce business

CS Priyanka Gupta 03 October 2015 at 13:19

E-commerce has been budding as a new endeavor in the past few decades. It has brought about a breakthrough in all possible fields and interests including consumer behavior, supply and demand of products, handling of orders, etc.Generally, �e-co

Humble Relief to developers in Haryana, as Rule 49A got substituted

CS Priyanka Gupta 29 September 2015 at 10:37

There has been a great controversy regarding liability to pay VAT on agreements for sale of flats and units by builders and developers in Haryana. The applicability of VAT on the builders in Haryana has gained a further impetus due to recent judgemen

Reassessment and revision period extended in Haryana VAT

CS Priyanka Gupta 18 August 2015 at 10:04

Recently, Haryana Value Added Tax, 2003 has been amended vide Ordinance issued by the Governor dated 31.7.15 published vide Notification No Leg. 9/2015 dated 3rd August 2015. The concerned amendment is effective with effect from 3rd August 2015. The