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Understanding GST Model Law - Job Work
This is the tenth in the series of articles to understand the GST Model Law. The purpose is mainly to create awareness and enable one to look at the unintended impact on his/ her sector. It would aid in making representations to make this law tax payer friendly, simple and transparent.
The GST Model Law has been put in public domain to get the feedback for amendments. This law requires in the opinion of the paper writers large number of amendment to make it workable
Indirect Tax Latest Judicial Precedents Aug'2016
- Assembling of different parts of decorative lamp shades & chandeliers does not amount manufacture(Kapoor lamp Shade Co. 2016(337) E.L.T. 14 (P& H)
- Background: Assessee procures various components of lampshades & chandelier from a different source and thereafter packs the same in cartons & put thereon its logo. Department considered that the assembling of different parts would amount to manufacture and hence liable to excise duty
- Issue: Whether assembly of different parts of...
Understanding GST Model Law - Tax credit on Capital goods
This is the ninth in the series of articles to understand the GST Model Law. The purpose is mainly to create an awareness and enable one to look at the unintended impact on his her sector. It would aid in making representations to make this law tax payer friendly, simple and transparent.
The GST Model Law has been put in public domain to get the feedback for amendments. This law requires in the opinion of the paper writers amendment to avoid cascading and reach the objective of...
Read moreUnderstanding GST Model Law – ITC
This is the seventh in the series of proposed articles on the GST Model law. The purpose is mainly to create awareness and enable one to look at the unintended impact as maybe applicable for each sector/ person. It could also aid in representation needed for amendment of the Model GST Law to make it tax payer friendly and meet the objective of clarity, certainty and transparency.
Background
The cenvat credit scheme under present law was intended to be a beneficial scheme to allow the...
Read moreUnderstanding GST Model Law - Time of supply of services
This is the fifth in the series of articles to understand the GST Model Law. The purpose is mainly to create an awareness and enable one to look at the unintended impact on his her sector. It would aid in making representations to make this law tax payer friendly, simple and transparent.
The GST Model Law has been put in public domain to get the feedback for amendments. This law requires in the opinion of the paper writers large number of amendment to even make it... Read more