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Nimish Goel

Latest Articles


Indian Goods and Services Tax (‘GST’) vis-a-vis GCC Value Added Tax (‘VAT’) – A Perspective & Learnings

Goods and Services Tax : Professionals who started their career in the Indirect tax space some 10- 15 years back in Asia would have never thought the kind ...

May 23, 2017 3882 Views 1 comment Print

Online services – Foreign Businesses under Service Tax Net

Service Tax : With effect from December 1, 2016 the taxability of Online Information and Database Access or Retrieval (‘OIDAR’) services sha...

November 15, 2016 6667 Views 2 comments Print

GST Registration– Case Studies & Comprehensive Analysis of Provisions

Goods and Services Tax : Goods and Services tax (popularly known as GST) would soon be the new system of indirect taxation in India that will subsume all t...

October 11, 2016 29035 Views 0 comment Print

Goods and Services Tax (GST) on Mobile Handset Companies

Goods and Services Tax : Currently, majority mobile handset companies operate from warehouses in every state via stock transfer (through statutory forms) a...

September 20, 2016 8275 Views 1 comment Print

GST on Online Food Delivery Websites

Goods and Services Tax : Not so long ago in order to have a one off scrumptious meal, an ordinary citizen was required to go through the travails of an ino...

September 9, 2016 24691 Views 0 comment Print


Latest Posts in Nimish Goel

Indian Goods and Services Tax (‘GST’) vis-a-vis GCC Value Added Tax (‘VAT’) – A Perspective & Learnings

May 23, 2017 3882 Views 1 comment Print

Professionals who started their career in the Indirect tax space some 10- 15 years back in Asia would have never thought the kind of adrenaline rush, anxiety and tremendous professional growth opportunities they will experience in the coming years.

Online services – Foreign Businesses under Service Tax Net

November 15, 2016 6667 Views 2 comments Print

With effect from December 1, 2016 the taxability of Online Information and Database Access or Retrieval (‘OIDAR’) services shall undergo a complete change.

GST Registration– Case Studies & Comprehensive Analysis of Provisions

October 11, 2016 29035 Views 0 comment Print

Goods and Services tax (popularly known as GST) would soon be the new system of indirect taxation in India that will subsume all the other indirect taxes that has been levied and collected in India so far. From the viewpoint of a taxpayer, registration under GST would be the key factor. The aim of this […]

Goods and Services Tax (GST) on Mobile Handset Companies

September 20, 2016 8275 Views 1 comment Print

Currently, majority mobile handset companies operate from warehouses in every state via stock transfer (through statutory forms) and thereafter sell goods locally to the distributors. This is done with the intention to avoid payment of non-creditable CST and in order to pass the creditable VAT to their distributors

GST on Online Food Delivery Websites

September 9, 2016 24691 Views 0 comment Print

Not so long ago in order to have a one off scrumptious meal, an ordinary citizen was required to go through the travails of an inordinately long distance to an upmarket restaurant and satiate one’s palate. On the downside, however, this would entail one to have deep pockets and would limit such visits to only a couple in a month.

Sale in course of import for Leasing Transactions: CST

August 9, 2016 27715 Views 0 comment Print

In a recently pronounced judgment in the case of Hewlett Packard Financial Services vs The State of Karnataka, The Deputy Commissioner of Commercial Taxes (Audit) (‘Revenue’), the Karnataka High Court dealt with the issue relating to entitlement of VAT exemption by virtue of Section 5(2) of the Central Sales Tax Act, 1956 (‘CST Act’).

GST Model Law: Impact on Freight Forwarding & Logistics Industry

July 14, 2016 55921 Views 2 comments Print

This article is in continuation of our earlier article Service tax implications on freight forwarding and logistics industry. The Government’s efforts to release the Model GST Law in June 2016 is an admirable effort towards introduction of the much awaited Goods and Services Tax (‘GST’). Certain business processes like registration, payment, refund and filing of return were already released earlier.

Trade Discounts Post Issuance of Invoice –Worth the value?

June 27, 2016 8332 Views 2 comments Print

The practice of providing discount is one of the very old and well-established strategies which the business houses have been adopting in order to entice and persuade their customers towards buying more goods from them. At large, there are two types of discounts being offered by the industries i.e. Cash discount and Trade discount. Cash […]

Service Tax Impact on Freight Forwarders and Logistics Industry

March 11, 2016 44044 Views 3 comments Print

In case services of transportation of goods are availed from a domestic entity,service tax needs to be charged by the Indian shipping company, whereas such services being availed from any foreign entity would attract tax liability under the Reverse Charge Mechanism (‘RCM’). This amendment would come in effect from June 1, 2016 and its consequential effects are outlined below.

Budget 2016: Detailed Analysis of Key Indirect Tax Amendments

March 1, 2016 10315 Views 0 comment Print

The Finance Minister very clearly seems to have focused on empowering the ‘Make In India’ initiative by removing customs and excise duty exemptions on a variety of goods. The thrust seems to be more on electronics, hardware and the infrastructure industry where duty exemption has been provided to imported parts and components for manufacture of chargers/adapters, speakers

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