Articles by Bimal Jain

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Changes in Service Tax, Excise, Customs Duty vide Union Budget 2016: Open issues

  Bimal Jain    19 May 2016 at 10:47

The Union Budget, 2016, proposing flurry of changes in Indirect Taxes, has been a talk of the town since the day of its presentation. On May 5, 2016, the Lok Sabha passed the Finance Bill, 2016 and later on May 11, 2016, the Finance Bill, 2016 was pa



Finance Bill, 2016 enacted: Significant changes in Service Tax effective from June 1, 2016

  Bimal Jain    17 May 2016 at 17:49

The Hon�ble Finance Minister Shri. Arun Jaitley presented the Union Budget for 2016-17 on February 29, 2016 in the Lok Sabha.



Effective Rate of Service Tax under Abatement, Reverse Charge and Valuation Rules after introduction of KKC

  Bimal Jain    17 May 2016 at 17:14

Pursuing with an objective to finance and promote initiatives to improve agriculture and farmer welfare, the Gover



Goods imported / purchased inter-State used in Works contract, would be exempt from VAT

  Bimal Jain    06 May 2016 at 10:58

Dear Professional Colleague,Goods imported/ purchased inter-State used in Works contract, would be exempt from VAT We are sharing with you an important judgement of the Hon�ble Supreme Court of India in the case of Commissioner of Delhi Value A



Any services provided by Government to a Business Entity chargeable to ST

  Bimal Jain    15 April 2016 at 11:25

The Central Government has issued 3 important Notifications, dated April 13, 2016 to limit the scope of the Governmental services, which have been brought to Service tax under Reverse Charge w.e.f. April 1, 2016.



Union Budget 2016: Important changes in Excise & Customs effective from April 1, 2016

  Bimal Jain    04 April 2016 at 11:14

Affirming that the economy is right on track, the Hon�ble Finance Minister Shri. Arun Jaitley presented the Union Budget for 20



Union Budget 2016: Important changes in Service Tax and Credit Rules effective from April 1, 2016

  Bimal Jain    04 April 2016 at 11:13

Affirming that the economy is right on track, the Hon�ble Finance Minister Shri. Arun Jaitley presented the Union Budge



Delhi Budget 2016 Highlights: Focus on education, infrastructure; watches, shoes become cheaper

  Bimal Jain    31 March 2016 at 10:59

We had promised lowest VAT rates in the country, that process has been started today Chief Minister Arvind Kejriwal



Indirect Tax Dispute Resolution Scheme, 2016: Clouds of doubt on success quotient

  Bimal Jain    23 March 2016 at 11:09

Dear Professional Colleague,Indirect Tax Dispute Resolution Scheme, 2016: Clouds of doubt on success quotientThe Union Budget, 2016, has introduced number of measures for reducing litigation and providing certainty in taxation, considering the same a



Increase in limitation period for issuing SCN - Is this "Ease of doing business"

  Bimal Jain    14 March 2016 at 11:31

Dear Professional Colleague,Increase in limitation period for issuing SCN � Is this �Ease of doing business�Amongst the flurry of changes brought in by the Union Budget 2016 seeking to reform the Country�s taxation system and