Understanding Liability & Credit of ST on GTA CA Madhukar N. Hiregange& CA Roopa Nayak IntroductionAll manufacturers, some dealers and service providers are r
Service tax under reverse charge � Branch PaymentsCA Madhukar N Hiregange& CA Mahadev R. �Service� has been defined as an activity between two persons. In normal course the principle of �mutuality� is a
INTRODUCTION & OVERVIEW ON NEW FTP CA Madhukar N. Hiregange IntroductionForeign Trade Policy, 2015-2020 (�FTP�) was unveiled on April 1, 2015 at the Vigyan Bhawan, Delhi, thus laying down a road map for India�s global tr
Overview of CST ( Including Impact of other Indirect taxes) IntroductionThe provisions of various local VAT K-Vat Act 2003 and the Rules made thereunder concentrates on the sale or purchase of goods within the State, whereas the provisions of C.S.T
IntroductionService tax rate had been proposed to increase from 12% to 14% effective from 1st June 2015 vide notification no.14/2015-ST. The Cesses are also subsumed in the rate of 14%. Additional revenue on account of this increase is estimated to
The indirect tax proposals as per the BJP manifesto in 2014 promised the world to the voters with regard to corruption and administrative reforms. The fall in the oil
Construction Service / Works Contract- Residential ApartmentsImpact of Larsen & Toubro [ K.Raheja] Judgment.Madhukar N Hiregange Commercial tax is a largest[maximum] contributor of revenue to every State. There were attempts in late 1990s and la
GST is a consumption based levy. Destination principle would be applicable in normal course of business to business [B2B] other than for few services and business to consumer.[ B2C] GST is proposed to be in place by April 2016- maybe a bit optimitsti
Compliance - Input Service Distributor- Central Excise / Service TaxBy Madhukar N HiregangeBackgroundThe manufacturers in the past few years have often multi locational factories and warehouses to cater to the needs of customers of Just In Time deli
Revenue Augmentation 6 Month Restriction Can One Avail post 1st September?CA Madhukar N Hiregange& CA Roopa NayakExcise duty collections are expected to be about Rs. 2 Lakhs crores and Service Tax collections about 2.2 Lakhs cror
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English