CAclubindia Articles

Interest on Refund:Ranbaxy Case

Posted by vishal mishra 13 August 2012 18245 Views

RECENT CASE OF RANBAXY LABS LMITED v. UNION OF INDIA AND OTHERS[1] : DATE FOR DETERMINATION OF INTEREST ON REFUND UNDER S. 11-BB OF CENTRAL EXCISE ACT, 1944 VISHAL MISHRA INTRODUCTION Under the Central Excise Act, 1944, an assessee can make a cl

CPT- Can Pass Through! :)

Posted by Priyavarshini Jagannathan 13 August 2012 27489 Views

*Tring Tring Tring Tring* "Hey 1147/1200. Gethhhh dii" is the EPIC NEWS if my Life which I got when I was in my 12th Grade.! I wasn't happy about it though, as "U missed a CENTUM, by 1 mark in Commerce, by 2 marks in Accountan

Reverse Charge Mechanism of Service Tax

Posted by CA Prashant Gupta 13 August 2012 208831 Views

Reverse charge mechanism is not a new concept in service tax. Under the reverse charge mechanism, instead of service provider, the service receiver is liable to pay service tax. In that case, the service receiver will register himself with service

Special Analysis of Service Tax on Directors & Security

Posted by Savan Somani 11 August 2012 17315 Views

Subject: Service Tax HEADING: Special Analysis of Service Tax on Directors & Security Services ON DIRECTORS SERVICES BRIEF: In the absence of mention of any date in the notification, it shall be effective from the date of publication in of

Cenvat Credit- Real Estate Industry

Posted by CA Nikhil Jhanwar 11 August 2012 28794 Views

After new regime in service tax has been introduced, there hves been various issues regarding availability of Cenvat Credit for Real Estate Industry. Through this write-up all major issues have been clarified

What is 'Remand' and What is not 'Remand' by Commissioner(A)

Posted by ANIL KUMAR BEZAWADA 11 August 2012 35538 Views

What constitutes remanding the matter for fresh adjudication and what not constitutes remand by Commissioner (Appeal) in Excise, Customs and Service Tax It is quite often in litigation matters, the higher appellate forums to the lower adjudicating

My Journey upto IPCC

Posted by Abhinandan 11 August 2012 54446 Views

Hi everyone my name is Abhinandan, and today I passed IPCC first group with 204 marks and completed IPCC. I was eager to tell my story to everyone and had decided, once I will clear then I would share my journey of CA upto IPCC. I am basically fro

A Golden Way to Curb Corruption & Black Money

Posted by ARPIT SURI 11 August 2012 17883 Views

Money has become an integral part of our life and it seems we all are satisfied with this system. It has been a long time since Barter system has been replaced by Money System an

Service provided by Directors & Security Services

Posted by Bimal Jain 11 August 2012 32861 Views

Service provided by Directors and Security Service under partial Reverse Charge: Dear Professional Colleagues, The CBEC has issued following notifications dated August 7, 2012 which are summarised here below for your easy digests: Notification No. 4

Interesting Times for Foreign Debt

Posted by CA Shail Shah 11 August 2012 8436 Views

INDIA Inc. is for some interesting times with the exchange rate hitting the roof. The Government is doing its bit to attract foreign debt. Be it the announcement made during the Budget exercise or the recent amendments made to the Foreign Exchange l