Articles by Madhukar N Hiregange

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GST - Construction service - Is Actual land Value deduction possible?

  Madhukar N Hiregange    03 June 2019 at 11:25

Valuation is the measurement of value on which any tax has to be paid. The typical construction contract is th



Benefit under FTP for service providers - SEIS scheme

  Madhukar N Hiregange    03 June 2019 at 11:25

IntroductionSEIS [ Services Export Incentive Scheme] is one of the export incentive scheme of DGFT in chapter 3 of Free Trade Policy 20



GST/ FTP Benefits for Exporters

  Madhukar N Hiregange    30 May 2019 at 10:36

CA Madhukar N Hiregange& CA Anil Kumar BezawadaIn these times of Global trade wars with President Trump taking aggressive stand and not making a differenti



GST - ITC on construction of immovable properties - Orissa High Court

  Madhukar N Hiregange    25 May 2019 at 10:26

CA Madhukar N Hiregange & CA Venkata Prasad The Constitutional (101) amendment Act 2016 clearly states in the Statement of Objectives for ushering in



Summary of FAQs on real estate dated 14th May'19

  Madhukar N Hiregange    17 May 2019 at 10:47

After the clarifications given by way of FAQs released vide F.No. 354/32/2019 by Tax Research Unit, Department of Revenue on 7th May�19, another documen



Analysis of Summary of FAQs on real estate dated 7th May '19

  Madhukar N Hiregange    09 May 2019 at 11:29

There are various aspects that are clarified in the FAQs released vide F.No. 354/32/2019 by Tax Research Unit, Department of Revenue on 7th May�19. Many



Practical analysis of GST circulars and notification issued on 23rd and 24th April

  Madhukar N Hiregange    30 April 2019 at 11:04

​​​​​​​Summary of circulars, notifications & ROD issued on 23rd and 24th Apr �19



ITC on immovable plant and machinery

  Madhukar N Hiregange    13 April 2019 at 13:07

The capital goods credit in GST is allowed u/s 16(1). However, those that are immovable see some restriction u/s 17(5)(c,d). In this article we examine what cou..



Input Tax Credit under GST - Amendments

  Madhukar N Hiregange    27 March 2019 at 11:03

Background In GST regime, input tax credit is available to registered person on goods and services used in course or



Anti-profiteering in GST Law - Does it Require Judicial Review?

  Madhukar N Hiregange    26 March 2019 at 11:10

IntroductionMoving from different indirect taxes into one consolidated indirect taxes Goods and Services Tax (GST) was a challenging task for the Government. On..