SECTION 11E A WELCOME STEP Prepared By: CA Pradeep Jain, CA Preeti Parihar Jitesh Bhandari In the Budget 2011-12 introduced on 28.2.2011, a New Section 11E has been inserted in the Central Excise Act, 1944. This section is inserted to
BRANDED GOODS STITCHED TO EXCISE DUTY Prepared By: CA.Pradeep Jain CA. Preeti parihar CA. Ridhi Anchalia Introduction:- Major amendments have been brought in Ready made garments and made-up articles through the budget 2011-12. These g
Determination of Time & Rate in Service Tax (Point of Taxation Rules, 2011) Prepared By: CA Pradeep Jain, CA Preeti Parihar And Mayank Palgauta INTRODUCTION:- In respect to the service tax Law, the Central Government of India, as alway
Sudden hike in interest rate Prepared By: CA Pradeep Jain CA Rajani Thanvi The Interest liability is amplified in all the sections of custom, excise and service tax to 18% as from earlier of 13% per annum from this budget. This is one of highe
Changes in Penal Provisions under Service Tax Prepared By: CA Pradeep Jain and Sukhvinder Kaur, LLB[FYIC] The Budget 2011 has proposed to bring effective changes in the penal provisions for violation of Service Tax laws. The changes brought in
Change in Service Tax Refund Scheme Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] The scheme of refund of service tax paid on specified services which were utilised for export of goods was given effect in 2007 vide Notification
Changes proposed for introducing Goods and Service Tax (GST) Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] The introduction of Goods and Service Tax (GST) at both Central as well as State level is the dream of the Government de
Two exemption Notifications: litigation inbuilt Prepared By: - CA. Pradeep Jain CA. Preeti Parihar Introduction: - The honble Finance Minister of India has introduced the Finance Bill, 2011 on 25.2.2011. This bill has withdrawn a no. of exe
Clandestine Removal: A Blessing For 100% EOU - CA. Pradeep JainCA. Preeti Parihar CA. Ridhi AnchaliaIntroduction:"Ill gotten gains" are not the ill-ones if caused due to the interpretations of law.
In continuation of previous articles, elaborating the difficulties in getting the refund claim under different conditions,