Advocate R. K Rengaraj

Reverse Charge Mechanism and Remission of Tax under GST Regime

Goods and Services Tax - At present Reverse Charge Mechanism is applicable in Service Tax for about 15 Services. Cenvat Credit is eligible on eligible services to the Service receiver paid under Reverse Charge, based on the payment challan viz., GAR 7....

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End of Sale of Goods Act, 1930 under GST Law??

Goods and Services Tax - In this article let us see the important definitions and explanations for certain words in the GST law from the definition clause and also from the FAQ released by the Government....

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Dealer friendly e-C Tax Web site and Changes in TNVAT Act, 2006

Goods and Services Tax - In order to curb tax evasion of selected notified commodities which are brought into the State and sold without any tax payment to the exchequer, the Tamilnadu State Government has brought a new advance Inward way bill format to be generated through online, like e-sugam as in force in the state of Karnataka, in the newly created web porta...

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Service Tax Recovered but not paid to Government is Tax Evasion

Goods and Services Tax - In a recent judgment the Hon’ble Tribunal in the case of M/s IWI CROGENIC VAPORIZATION SYSTEMS INDIA Vs Commissioner of Central Excise Vadodar (2015-TIOL-1458-CESTAT-AHM) has held that recovering tax from the service recipients and not paying the same to Department has to be treated as evasion of service tax with an intention to evade ...

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Penultimate Export Sale and Tax Exemption under CST ACT, 1956

Goods and Services Tax - The Central Government’s policy is, when exports are made, only products or services are to be exported and not taxes. Therefore when tax exemption is available for direct export for the exporters, the sale prior to export i.e Penultimate sale also is considered for tax exemption by the Government. ...

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Recent Posts in "Advocate R. K Rengaraj"

Reverse Charge Mechanism and Remission of Tax under GST Regime

At present Reverse Charge Mechanism is applicable in Service Tax for about 15 Services. Cenvat Credit is eligible on eligible services to the Service receiver paid under Reverse Charge, based on the payment challan viz., GAR 7....

Read More

End of Sale of Goods Act, 1930 under GST Law??

In this article let us see the important definitions and explanations for certain words in the GST law from the definition clause and also from the FAQ released by the Government....

Read More

Dealer friendly e-C Tax Web site and Changes in TNVAT Act, 2006

In order to curb tax evasion of selected notified commodities which are brought into the State and sold without any tax payment to the exchequer, the Tamilnadu State Government has brought a new advance Inward way bill format to be generated through online, like e-sugam as in force in the state of Karnataka, in the newly created web porta...

Read More

Service Tax Recovered but not paid to Government is Tax Evasion

In a recent judgment the Hon’ble Tribunal in the case of M/s IWI CROGENIC VAPORIZATION SYSTEMS INDIA Vs Commissioner of Central Excise Vadodar (2015-TIOL-1458-CESTAT-AHM) has held that recovering tax from the service recipients and not paying the same to Department has to be treated as evasion of service tax with an intention to evade ...

Read More

Penultimate Export Sale and Tax Exemption under CST ACT, 1956

The Central Government’s policy is, when exports are made, only products or services are to be exported and not taxes. Therefore when tax exemption is available for direct export for the exporters, the sale prior to export i.e Penultimate sale also is considered for tax exemption by the Government. ...

Read More

Adjustment of Central Excise Education CESS and Higher Education CESS as on 01.03.2015

The Hon’ble Finance Minister in the recent Union Budget 2015-16 announced in the floor of the Parliament that As part of the movement towards GST, I propose to subsume the Education Cess and the Secondary and Higher Education Cess in Central Excise duty....

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Whether collection of cheques during Inspection by Enforcement Authorities (CT) is legal?

In Commercial Taxes Department, the Assessment Wing and Enforcement Wing function under the control of the Commissioner of Commercial Taxes. According to the administrative policy of the Tamilnadu State Government, Commercial Taxes Check posts are static locations where inter-State movement of vehicles are monitored...

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Best of Judgement and Principles of Natural Justice under TNVAT Act, 2006

In the recent times, many writ petitions have been filed before the Hon’ble Madras High Court seeking intervention of the High Court and to direct the Assessing Authorities to set aside the best of judgement Orders passed under Section 22 (4) and Section 27 of the TNVAT Act, 2006 on the ground that reasonable opportunity of hearing was ...

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Tamil Nadu Budget 2015-16 Changes in VAT

In order to boost the manufacturing sector bogged down by negative sentiments, the State Government has come forward with some relief in electricity tax, and reversal on Input Tax credit when stocks are moved out of State in pursuance of stock transfer, interstate sales etc., in the budget presented on 25.03.2015 in the TN State Assembly...

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Input Tax Credit reversal on account of mismatches found in Returns under Tamilnadu VAT Act, 2006

In the recent times, the Commercial Taxes Department has started issuing Notices and passing orders to disallow the Input Tax Credit based on mismatch of purchase entries found on comparison of Annexure I of buying dealers with Annexure II of selling dealers and without following the High Court directions...

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