"Mr. Kamal Aggarwal, is a distinguished Chartered Accountant, qualified in 1992. This career spanning over 32 years includes a decade with Big 4/ consulting firms i.e. PwC, Deloitte, KPMG & EY, Mr. Aggarwal specializes in various facets of indirect taxation across the entire supply chain. His expertise lies in providing strategic guidance to businesses regarding different indirect taxes implications across the value chain. He meticulously evaluates financial models, offering insights for the establishment of units in DTA units, EOUs, SEZs etc. Mr. Aggarwal is renowned for his proficiency in advising on Customs Valuations for imports involving related parties, and he is often called upon to represent clients before the Special Valuation Branch. Mr. Aggarwal's wealth of experience and commitment to excellence make him a trusted advisor in navigating the complex landscape of indirect taxation, providing tailored solutions that drive growth and compliance for his clients. Throughout his career, Mr. Aggarwal has been instrumental in assisting clients across diverse sectors such as Consumer Electronics, FMCG, Oil and Gas, Manufacturing, Infrastructure, Exports, Imports, and Education. Mr. Aggarwal has conducted extensive due diligence exercises, evaluating indirect tax implications in mergers, de-mergers, takeovers, and other corporate transactions. His advisory role extends to representing clients before appellate authorities, tribunals, and briefing advocates for high courts and the Supreme Court. An accomplished speaker, Mr. Aggarwal is frequently invited to share his insights at prestigious platforms such as the Northern India Regional Council of the Institute of Chartered Accountants of India, Study Circles, Confederation of Indian Industry (CII), and The Associated Chambers of Commerce and Industry of India (ASSOCHAM) etc. He has also spoken at programs organized by International Organizations and Embassies/ High Commissions. Additionally, he actively contributes to the professional development of employees and students through training and coaching sessions, covering both technical and soft skills. With a reputation built on integrity, expertise, and a commitment to excellence, Mr. Kamal Aggarwal continues to be a trusted advisor in the complex landscape of indirect taxation, providing invaluable guidance and support to his clients. The author can be reached at kamal@sarcvk.com. "
CESTAT Hyderabad ruled that extended limitation under service tax cannot be invoked for mere opinion change by revenue. Case involves services by Varsity Education Pvt Ltd.
Andhra Pradesh High Court clarifies GST liability on annuity payments under the Hybrid Annuity Model, following CBIC circular on time of supply for National Highway projects.
Taxpayers face hurdles due to tax department inefficiencies, including contradictory affidavits and procedural oversights in legal matters.
Delhi HC rules that blocking ITC under Rule 86A cannot exceed the balance in the Electronic Credit Ledger (ECL) and should not be used for tax recovery.
