Articles by Bimal Jain

Impact of increase service tax on Make in India

Bimal Jain 09 March 2016 at 11:13

Dear professional colleague,Krishi Kalyan Cess on all taxable services w.e.f. June 1, 2016 � Impact on �Make in India� and �Start-up India� driveAmidst huge expectations, the Hon�ble Finance Minister Shri. Arun Jai

7 - 7.75% growth in 2016-17: Key Highlights of the Economic Survey 2016

Bimal Jain 29 February 2016 at 10:19

Ahead of the Union Budget 2016, the Hon�ble Finance Minister Shri Arun Jaitley tabled today Economic Survey Report 2016 in the Parliament, outlin

Service tax leviable on any services provided by Government from 1st April 2016

Bimal Jain 27 February 2016 at 11:30

Dear Professional Colleague, Service tax leviable on any services provided by Government or Local Authority to a Business Entity w.e.f 1-4-2016 and issues thereinBackgroundPresently, in terms of Section 66D(a)(iv) of the Finance Act, 1994 (�the

Cenvat credit admissible on services of sales commission agent

Bimal Jain 15 February 2016 at 10:47

Cenvat credit admissible on services of sales commission agentBackground:Even though the definition of �input services� given under Rule 2(l) of the Cenvat Credit Rules, 2004 (�the Credit Rules�) covers the services of sales p

Rebate or refund of SB Cess on exports & services used in SEZ

Bimal Jain 05 February 2016 at 11:42

Dear Professional Colleague,Rebate/refund of SB Cess on exports & services used in SEZ; Cenvat credit cannot be used for SB Cess & othersThe Central Government (�CG�) has issued various Notifications under the Service tax and the

GST rate recommended at 17-18%

Bimal Jain 05 December 2015 at 15:42

CEA led Panel recommends RNR at 17-18% and eliminating Additional Tax of 1% on inter-state supply of goodsBracing to roll out the new Indirect tax regime � Goods and Services Tax (�GST�) from April 1, 2016, the Central Government on

Online service providers like flipkart are not liable to VAT

Bimal Jain 17 November 2015 at 11:55

Online service providers like 'Flipkart' facilitating sale and purchase of goods through online portals cannot be considered as dealer of goods - Not liable for VATFlipkart Internet (P.) Ltd. Vs. State of Kerala [(2015) 62 taxmann.com 387 (Ke

Clarifications on various aspects of Swachh Bharat Cess

Bimal Jain 16 November 2015 at 12:22

Recently, the Central Government vide Notification No. 21/2015-ST and 22/2015-ST, both dated November 6, 2015 had appointed November 15, 2015 as the date from which, Swachh Bharat Cess (�SB

CBEC issues guidelines for speedy disbursal of pending refund claims to exporters of services

Bimal Jain 16 November 2015 at 12:22

The Central Board of Excise and Customs (�CBEC� or �the Board�) vide various Circulars/Instructions had laid down simplified procedur

Swachh Bharat Cess @ 0.5% on value of all taxable services levied from November 15, 2015

Bimal Jain 09 November 2015 at 11:42

Dear Professional Colleague,Swachh Bharat Cess @ 0.5% on value of all taxable services levied from November 15, 2015Pursuing with Mr. Narendra Modi�s Dream of Swachh Bharat, in Union Budget 2015, a provision was made for levying a Swachh Bharat