Point of taxing Krishi Kalyan Cess – A debacle “We legislate first and think afterwards. Complicity is heaped upon complexity and confusion becomes worse confounded”- Nanabhoy Ardeshir PalkhivalaThe power to levy and collect taxes comes from the Constitution of...
Cenvat Alert | Optional single registration and return for importer and dealer Dear Reader, This is to update you regarding recent Notification No.30/2016-CX (NT) dated June 28, 2016 issued by the Central Government wherein an option is given to a taxpayer who is an...
GST DRAFT LAW Dear Reader, Till now, the discussions on introduction of Goods & Services Tax (GST) in India were based on discussion papers, reports on procedures and news reports on statements of various ministers / government officials. There was hardly any...
Cenvat Alert | Credit on outdoor catering service availed by the assessee post April 2011 Dear Reader,This is to update you on the recent rulings of the Tribunal on the availability of Cenvat credit on outdoor catering service post April 2011.To Read More, Please...
BUDGET 2016 FM Ensures A Balancing Act By Puneet Bansal, Kulraj Ashpnani, Lalitendra Gulani, Nitya Tax Associates “The Government acknowledges the role of taxpayers in nation building. Each rupee of tax contributes towards the...
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