Articles by Bimal Jain

Credit of EC & SHEC can be used for payment of Service tax

Bimal Jain 31 October 2015 at 10:25

Dear Professional Colleague,Credit of EC & SHEC can be used for payment of Service taxWith the underlying theme of setting the stage for Goods and Services Tax (�GST�), the Union Budget, 2015 had proposed to do away with the Education

CBEC clarification on chargeability of Service tax on GTA and other IDT - Digests

Bimal Jain 07 October 2015 at 10:50

Dear Professional Colleagues,CBEC clarification on chargeability of Service tax on GTA and other IDT - DigestsBackground:Goods Transport Agency ("GTA") has been defined to mean any person who provides service to a person in relation to transport of g

No Special Session on GST as the Parliament prorogue Monsoon Session

Bimal Jain 11 September 2015 at 12:01

Dear Professional Colleagues,No Special Session on GST as the Parliament prorogue Monsoon SessionThe Cabinet has decided not to call for a Special Session to pass the much-hyped and much-delayed Constitution (122ndAmendment) Bill, 2014 on Goods and S

Government pushing GST to meet April, 2016 deadline

Bimal Jain 03 September 2015 at 10:22

Dear Professional Colleagues,Government pushing GST to meet April, 2016 deadlineEven though Parliament�s Monsoon Session could not turn into success, the Indian Government did not step-back and has been significantly working towards the success

No service tax on delivery of food

Bimal Jain 26 August 2015 at 10:39

Dear Professional Colleagues,No Service tax on free Pick-up/Home delivery of food, being �Sale� in nature � Chandigarh CommissionerateBackground:The Government vide Entry No. 19 of the Mega Exemption Notification No. 25/2012-ST date

Highlights of Report on the GST Bill by Select Panel of Rajya Sabha

Bimal Jain 27 July 2015 at 11:31

Dear Professional Colleague,Highlights of Report on the GST Bill by Select Panel of Rajya SabhaWith the first day�s proceeding of the Monsoon session of the Parliament getting distressed, the Select Panel of the Rajya Sabha had submitted its Re

CBEC issues guidelines for detailed scrutiny of Excise Returns

Bimal Jain 24 July 2015 at 10:56

CBEC issues guidelines for detailed scrutiny of Excise ReturnsBackground:The Central Board of Excise and Customs (�CBEC� or �the Board�) vide Circular No. 185/4/2015-ST dated June 30, 2015 had laid

Fate of GST bill in Rajya Sabha

Bimal Jain 23 July 2015 at 10:33

Fate of GST Bill in Rajya Sabha: Clouds of dissonance on the ongoing Monsoon sessionThe much talked about Goods and Services tax (�GST�) Regime has been creating a buzz amongst all, eagerly waiting for the monsoon session of the Parliamen

CBEC issues guidelines for detailed manual scrutiny of ST-3 Returns w.e.f. August 1, 2015

Bimal Jain 09 July 2015 at 10:35

Dear Professional Colleague,CBEC issues guidelines for detailed manual scrutiny of ST-3 Returns w.e.f. August 1, 2015Background:The Central Board of Excise and Customs (�CBEC� or �the Board�) vide Circular No. 113/07/2009-ST d

CBEC specifies conditions and safeguards for issuing digitally signed invoices and maintaining e-records

Bimal Jain 08 July 2015 at 10:30

Dear Professional Colleague,CBEC specifies conditions and safeguards for issuing digitally signed invoices and maintaining e-recordsBackground:The Service Tax Rules, 1994 (�the Service Tax Rules�) were amended vide Notification No. 5/2015