CONSULTEASE.COM | CA Rashmi Jain | Activity https://old.consultease.com/consultants/rashmij/activity/ Activity feed for CA Rashmi Jain. Fri, 03 Jul 2026 05:59:37 +0000 https://buddypress.org/?v=2.6.1.1 en-US 30 hourly 2 f532967436aef5695dcf363ead41a342 CA Rashmi Jain wrote a new post, GST - Landmark judgment GST liability will be huge http://www.consultease.com/?p=10733 Thu, 05 Jul 2018 05:51:43 +0000 GST – Landmark judgment GST liability will be huge. As SC has interpreted article 243 of COI
New Okhla Industrial Development Authority (NOIDA) is not a Municipality’ as contemplated in clause (e) of Article […]

]]> 0 2c33894eacf0abd8d8aca273d3559fd1 CA Rashmi Jain wrote a new post, CBIC extends officer-interface mechanism for SB005 errors, GSTIN correction utility for SB003 errors http://www.consultease.com/?p=10280 Thu, 07 Jun 2018 05:07:58 +0000 CBIC extends officer-interface mechanism for SB005 errors, GSTIN correction utility for SB003 errors
CBIC vide Circular No.15/2018-Customs – dated – June 06, 2018 extends the alternative mechanism of officer […]

]]> 0 8e85a3adc77f20fa90726a15f3a681c0 CA Rashmi Jain wrote a new post, Clarification on taxability of “tenancy rights “under GST http://www.consultease.com/?p=10198 Mon, 04 Jun 2018 05:43:55 +0000 Clarification on taxability of “tenancy rights “under GST
Clarification on taxability of “tenancy rights “under GST is a bit confusing. Doubts have been raised as to whether tenancy premium shall attract GST whe […]

]]> 0 f3018fae5773b39b9dcb1f75e8ed3629 CA Rashmi Jain wrote a new post, Points to consider for books finalisation http://www.consultease.com/?p=9159 Mon, 02 Apr 2018 05:16:42 +0000 Points to consider for books finalisation
1. Please note E-way Bill is applicable from 01-04-2018 for all Inter-State movement of goods Valuing more than Rs. 50,000. 50000 value is inclusive of tax in the […]

]]> 0 30a647da14728be5d0b65da88213f840 CA Rashmi Jain wrote a new post, ITC on Motor Vehicle in GST http://www.consultease.com/?p=6455 Tue, 10 Oct 2017 10:35:03 +0000  ITC on Motor Vehicle in GST
Under Section 17 (5) of CGST Act ITC on motor vehicle is not allowable. A point was being agitated in the mind of learned professionals as to whether ITC on repair and maintenance […]

]]> 0 1df39d402c00c0f218e12f8d024d50e0 CA Rashmi Jain wrote a new post, Provisions of Supply in GST http://consultease.com/?p=3353 Wed, 05 Apr 2017 09:51:26 +0000 Supply in GST: Composite Supply ,Mixed Supply and Principal Supply
 
Three new types of Supply have been introduced in the India’s CGST Act i.e. Composite Supply; Mixed Supply and Principal Supply. Here we wi […]

]]> 0 d9f5edceb986d5a20ee1c9ee6edf5f57 CA Rashmi Jain wrote a new post, Challenges before the GST council http://consultease.com/?p=3335 Tue, 04 Apr 2017 16:04:32 +0000 1.We all know maximum GST rate pegged at 40 percent?  Will it be used?
 
2.Sin Goods or demerit goods i.e. tobacco; aerated water, luxury cars etc. will attract the highest GST rate and with Cess.  Further mo […]

]]> 0 64482d0fc0da2d3293b2b248f231dfff CA Rashmi Jain wrote a new post, GST Implementation and Compliance http://consultease.com/?p=3287 Sun, 02 Apr 2017 11:01:27 +0000 GST Implementation and Compliances – Are you ready
1st July or 1st September 2017 – India’s GST is now a certainty.  But are the stake holders ready; their IT systems ready and above all have all the stake holder […]

]]> 0 d54f3d2736f2b49fd7155f450fff72cf CA Rashmi Jain wrote a new post, how to address the Change in Law in GST http://consultease.com/?p=3084 Tue, 21 Mar 2017 12:50:13 +0000 how to address the issue of Change in law in GST  and claim from the contractees the additional tax burden that may be imposed on contractors/sub-contractors
 Here we will explain the way to address the issue o […]

]]> 0 bffee8df4f76e795ed72397efb16472c CA Rashmi Jain wrote a new post, Anti profiteering provision in GST http://consultease.com/?p=3045 Mon, 13 Mar 2017 08:38:51 +0000 Anti profiteering provision in GST – Is this provision a regressive provision?

1. GST will be all -pervasive with every taxpaying entity under its net. The revised model law is widely viewed by the i […]

]]> 0 a5e2bcdd6284476e7a0d17e93958b6e7 CA Rashmi Jain wrote a new post, GST AND WORKS CONTRACT TRANSACTIONS http://consultease.com/?p=3043 Mon, 13 Mar 2017 08:30:51 +0000 GST AND WORKS CONTRACT TRANSACTIONS – DEMYSTIFICATION PRE GST AND POST GST IMPLICATIONS
Through Section 3 read with Schedule II, Model GST Law taxes works contract as “service” and tax would be payable accor […]

]]> 0 b1ae0f8465ed49a05bb44f6d46fb594d CA Rashmi Jain wrote a new post, GST impact on Works contracts and EPC http://consultease.com/?p=3028 Sat, 11 Mar 2017 15:36:59 +0000 GST Impact on works contracts and EPC
In this article we will discuss the provisions of GST in context with the works contracts and EPC contracts. Works contracts have a history of litigation. It is expected to […]

]]> 0 8ebe0453a9b157c6b501cc8aeee313e0 CA Rashmi Jain wrote a new post, GST impact on power sector http://consultease.com/?p=3024 Sat, 11 Mar 2017 15:24:29 +0000 GST impact on Power Sector
At present, there are no indirect taxes on the output of the power sector, except electricity duty levied by states. As a result, all input taxes (such as capital expenditure on setting […]

]]> 0 5de288d26933bde5d9f10f7598901337 CA Rashmi Jain wrote a new post, List of documents for DVAT dealers http://consultease.com/?p=2282 Mon, 12 Dec 2016 09:28:35 +0000 Enrolment for DVAT dealers to start from 16th December 2016
Enrollment process for DVAT dealers to be starting from 16/12/2016 till 31/12/2016. Here I have compiled the basic requirements for the GST enrolment by […]

]]> 0 68127a16434bdea637f89b9c94eed147 CA Rashmi Jain wrote a new post, Main Issues with revised Model GST Law http://consultease.com/?p=2188 Sat, 03 Dec 2016 11:16:31 +0000 In my last my take
I wrote GST is good economics but demonetization was perhaps not.  Today, I repeat the same thing.  If GST is deferred the “differential advantage” that the Union Government wanted to posse […]

]]> 0 ab42ce739a86bc4bc410099e7a7a51a3 CA Rashmi Jain wrote a new post, Documents Required For GST Registration http://consultease.com/?p=2186 Sat, 03 Dec 2016 11:03:22 +0000 Dear GST migrants process for registration has been already started by GSTIN. The most important thing you will need to know is the list of documents Required For GST Registration. This is advisable to keep the […]

]]> 0 3ceca4d816cb3a52851e2498e12c63a1 CA Rashmi Jain wrote a new post, GST AND DOMONETIZATION – MY TAKE: By CA Rashmi Jain http://consultease.com/?p=1990 Wed, 16 Nov 2016 10:09:53 +0000 1.       There is no correlation or corroborative research conducted showing interrelationship between demonetization and GST introduction.  Even though economists agree that GST is a good economics for Indi […]

]]> 0 2826f78478c4770758aeada3a7391501 CA Rashmi Jain wrote a new post, GST - Classification of Goods - A real game http://consultease.com/?p=1927 Fri, 11 Nov 2016 02:27:53 +0000  
GST – Classification of Goods – A real game to be played nowThe joy that the Central Government may have experienced after getting the GST (Goods and Services Tax) council to agree to the rates and slabs for […]

]]> 0 057e27ddcdc4001b5113a428c69d7bdb CA Rashmi Jain wrote a new post, GST COUNCIL MEETING ON 3RD AND 4TH NOVEMBER – CHALLENGES AND OPPORTUNITIES: By CA Rashmi Jain http://consultease.com/?p=1848 Thu, 03 Nov 2016 07:25:10 +0000 GST COUNCIL MEETING ON 3RD AND 4TH NOVEMBER- 
GST JOURNEY started way back in 2008, came to an end when 122nd Constitutional Amendment was adopted in India paving the way for goods and service tax regime in […]

]]> 0 715424fe6e9d2db19d0ec824091ff02c CA Rashmi Jain wrote a new post, GST Council all important meeting in November: By CA Rashmi Jain http://consultease.com/?p=1813 Thu, 27 Oct 2016 12:27:28 +0000 What is the four tier GST structure? The GST Council has proposed a four-tier GST structure starting from 6 percent, two standard rates at 12 and 18 percent and the highest one at 26 percent with a further cess […]

]]> 5adfc9291b31c4df337ce625e0249c1f CA Rashmi Jain wrote a new post, GST and Petroleum Sector: By CA Rashmi Jain http://consultease.com/?p=1760 Sun, 23 Oct 2016 19:21:57 +0000 GST and Petroleum Sector-Will non-inclusion of Petroleum Products in GST cause inflation? Yes, say the experts.
We are the third largest consumer of crude oil with a consumption of 4.2 million barrels per day […]

]]> 0 ba49f90151707855a5338accd33a01ed CA Rashmi Jain wrote a new post, Impact of GST on IT sector : By CA Rashmi Jain http://consultease.com/?p=1622 Mon, 17 Oct 2016 11:22:07 +0000 Impact of GST on IT sector
IT services will definitely get taxed at a higher rate than the prevailing Service Tax rate of 14.5%. Thus prima-facie it appears that cost of IT services would jump, especially for end […]

]]> 0 a0a8956ae2685951fd4c53812661d3d0 CA Rashmi Jain wrote a new post, GST and Logistic Industry – Likely scenario http://consultease.com/?p=1609 Sat, 15 Oct 2016 17:10:40 +0000 Presently the transporters transporting goods and engaged in logistics business suffer from a very complex and tax centric approach. GST will have impact on this industry – perhaps more than other service p […]

]]> 0 4e58c2062ebd413933b4b2fac83e2d9c CA Rashmi Jain's profile was updated https://old.consultease.com/activity/p/17250/ Fri, 14 Oct 2016 18:26:17 +0000 0 3703c5ada20ad0b1e15fe01b7b3d7223 CA Rashmi Jain wrote a new post, GST and Infra Sector including Real Estate: By CA Rashmi Jain http://consultease.com/?p=1570 Fri, 14 Oct 2016 11:47:17 +0000 GST and Infra Sector including Real Estate
Since completed homes will not be impacted by GST as a buyer already pays stamp duty to the government on the transaction so selling an under-construction apartment and […]

]]> 5dbc8cd1e26a79cea4770ce4fdd2df40 CA Rashmi Jain wrote a new post, Impact of India’s GST model on retail trade by CA Rashmi Jain http://consultease.com/?p=1566 Fri, 14 Oct 2016 11:43:15 +0000 Impact of India’s GST model on retail trade
While there is no structured study undertaken with the relevant data that is known to My Take; an attempt is made in this note to understand and appreciate the impact o […]

]]>