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	<title>Vinod &#38; Narendra</title>
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	<link>http://www.vnca.com</link>
	<description>Chartered Accountants</description>
	<pubDate>Mon, 02 Apr 2012 07:04:24 +0000</pubDate>
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		<title>Gujarat VAT Clarification: Provisional Refund of ITC on Closing Stock</title>
		<link>http://www.vnca.com/2012/03/31/gujarat-vat-clarification-provisional-refund-of-itc-on-closing-stock/</link>
		<comments>http://www.vnca.com/2012/03/31/gujarat-vat-clarification-provisional-refund-of-itc-on-closing-stock/#comments</comments>
		<pubDate>Sat, 31 Mar 2012 13:24:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Gujarat VAT &amp; CST]]></category>

		<category><![CDATA[Legal-Updates]]></category>

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		<description><![CDATA[Rule 37(5) read with Rule 15(6) of the Gujarat VAT Rules provide for provisional refund of upto 90% of the unadjusted `input tax credit’ (ITC) where the ITC (other than ITC on capital goods) admissible in the relevant period remains unadjusted against the output tax and if such unadjusted ITC is claimed as a refund [...]]]></description>
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		<title>Gujarat State Budget 2012 Proposed changes in VAT rates</title>
		<link>http://www.vnca.com/2012/03/31/gujarat-state-budget-2012-proposed-changes-in-vat-rates/</link>
		<comments>http://www.vnca.com/2012/03/31/gujarat-state-budget-2012-proposed-changes-in-vat-rates/#comments</comments>
		<pubDate>Sat, 31 Mar 2012 11:49:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Gujarat VAT &amp; CST]]></category>

		<category><![CDATA[Legal-Updates]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2012/03/31/gujarat-state-budget-2012-proposed-changes-in-vat-rates/</guid>
		<description><![CDATA[The Gujarat Finance Minister placed the Budget for 2012-13 before the State Assembly on 24-Feb-2012. The Budget proposals included the following changes in VAT Rates:
&#160;





Particulars


Existing rates(%)                Incl. Add. Tax


Proposed rates(%)           [...]]]></description>
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		<item>
		<title>Service Tax on `Legal Consultancy Service&#8217;</title>
		<link>http://www.vnca.com/2012/03/06/service-tax-on-legal-consultancy-service/</link>
		<comments>http://www.vnca.com/2012/03/06/service-tax-on-legal-consultancy-service/#comments</comments>
		<pubDate>Tue, 06 Mar 2012 07:15:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Service Tax &amp; CBEC]]></category>

		<category><![CDATA[Opinion]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2012/03/06/service-tax-on-legal-consultancy-service/</guid>
		<description><![CDATA[[By Shaleen Shah (Partner), VNCA]
This article appeared in the Feb-2012 edition of the Sales Tax Journal published by The Gujarat Sales Tax Bar Association
After amendments w.e.f. 01-05-2011, even Individual legal consultants are covered in respect to certain services - Legal Consultancy Service is applicable to any person providing legal consultancy - STPs issuing the VAT [...]]]></description>
		<wfw:commentRss>http://www.vnca.com/2012/03/06/service-tax-on-legal-consultancy-service/feed/</wfw:commentRss>
		</item>
		<item>
		<title>How To Complain Against Corruption: CVC Circular</title>
		<link>http://www.vnca.com/2012/02/15/how-to-complain-against-corruption-cvc-circular/</link>
		<comments>http://www.vnca.com/2012/02/15/how-to-complain-against-corruption-cvc-circular/#comments</comments>
		<pubDate>Wed, 15 Feb 2012 13:22:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Asides]]></category>

		<category><![CDATA[Miscellanea]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2012/02/15/how-to-complain-against-corruption-cvc-circular/</guid>
		<description><![CDATA[How to lodge Whistle Blower complaints under Public Interest Disclosure and Protection of Informer (PIDPI) Resolution - Public Notice.
]]></description>
		<wfw:commentRss>http://www.vnca.com/2012/02/15/how-to-complain-against-corruption-cvc-circular/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Vodafone Case &#8211; Inside story of the courtroom battle</title>
		<link>http://www.vnca.com/2012/02/07/vodafone-case-inside-story-of-the-courtroom-battle/</link>
		<comments>http://www.vnca.com/2012/02/07/vodafone-case-inside-story-of-the-courtroom-battle/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 09:25:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Featured]]></category>

		<category><![CDATA[Income Tax]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2012/02/07/vodafone-case-inside-story-of-the-courtroom-battle/</guid>
		<description><![CDATA[This article appeared in Forbes India Magazine of February, 2012 
The court hearings had gone on through all of August. On September 8, 2010, the Bombay High Court was packed to the rafters with newspaper reporters of all hues. There was a battery of lawyers representing the Government of India and telecom giant Vodafone. There [...]]]></description>
		<wfw:commentRss>http://www.vnca.com/2012/02/07/vodafone-case-inside-story-of-the-courtroom-battle/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Sushil Kumar Modi &#124; We will have to wait until April 2013 for GST</title>
		<link>http://www.vnca.com/2012/01/13/sushil-kumar-modi-we-will-have-to-wait-until-april-2013-for-gst/</link>
		<comments>http://www.vnca.com/2012/01/13/sushil-kumar-modi-we-will-have-to-wait-until-april-2013-for-gst/#comments</comments>
		<pubDate>Fri, 13 Jan 2012 09:33:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Asides]]></category>

		<category><![CDATA[Gujarat VAT &amp; CST]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2012/01/13/sushil-kumar-modi-we-will-have-to-wait-until-april-2013-for-gst/</guid>
		<description><![CDATA[Sushil Kumar Modi &#124; We will have to wait until April 2013 for GST
]]></description>
		<wfw:commentRss>http://www.vnca.com/2012/01/13/sushil-kumar-modi-we-will-have-to-wait-until-april-2013-for-gst/feed/</wfw:commentRss>
		</item>
		<item>
		<title>New modus operandi by traders to evade VAT duty</title>
		<link>http://www.vnca.com/2012/01/09/new-modus-operandi-by-traders-to-evade-vat-duty/</link>
		<comments>http://www.vnca.com/2012/01/09/new-modus-operandi-by-traders-to-evade-vat-duty/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 16:44:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Gujarat VAT &amp; CST]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2012/01/09/new-modus-operandi-by-traders-to-evade-vat-duty/</guid>
		<description><![CDATA[The Gujarat commercial tax officials have unveiled a new modus operandi to evade tax which the department suspects is practiced by many agro-commodity traders in the state. The officials have found that many traders, with help of farmers and bogus papers, evade VAT duty on agro commodities like groundnut and others which are used for [...]]]></description>
		<wfw:commentRss>http://www.vnca.com/2012/01/09/new-modus-operandi-by-traders-to-evade-vat-duty/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Profitable discoms power Gujarat ahead</title>
		<link>http://www.vnca.com/2011/12/30/profitable-discoms-power-gujarat-ahead/</link>
		<comments>http://www.vnca.com/2011/12/30/profitable-discoms-power-gujarat-ahead/#comments</comments>
		<pubDate>Fri, 30 Dec 2011 15:24:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Featured]]></category>

		<category><![CDATA[Miscellanea]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2011/12/30/profitable-discoms-power-gujarat-ahead/</guid>
		<description><![CDATA[At a time when most parts of the country are facing power shortages and debt-laden state electricity boards and distribution companies (discoms) are seeking another bailout from the Centre, power sector entities in Gujarat are a study in contrast. All of Gujarat&#8217;s four state-owned discoms - Uttar Gujarat Vij Company, Madhya Gujarat Vij Company, Dakshin [...]]]></description>
		<wfw:commentRss>http://www.vnca.com/2011/12/30/profitable-discoms-power-gujarat-ahead/feed/</wfw:commentRss>
		</item>
		<item>
		<title>The grand SEZ dream on deathbed</title>
		<link>http://www.vnca.com/2011/12/29/the-grand-sez-dream-on-deathbed/</link>
		<comments>http://www.vnca.com/2011/12/29/the-grand-sez-dream-on-deathbed/#comments</comments>
		<pubDate>Thu, 29 Dec 2011 07:37:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Income Tax]]></category>

		<category><![CDATA[Miscellanea]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2011/12/29/the-grand-sez-dream-on-deathbed/</guid>
		<description><![CDATA[Calculations seem to have gone offtrack along the way; the initiators blame policy confusion and lack of comprehension in coordination.
The Special Economic Zone (SEZ) policy was launched with considerable hype in India in 2006, when the economy was booming and investors around the world were looking at the country as a credible investment destination. It [...]]]></description>
		<wfw:commentRss>http://www.vnca.com/2011/12/29/the-grand-sez-dream-on-deathbed/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Tax treatment of a consultant differs from that of an employee</title>
		<link>http://www.vnca.com/2011/12/02/tax-treatment-of-a-consultant-differs-from-that-of-an-employee/</link>
		<comments>http://www.vnca.com/2011/12/02/tax-treatment-of-a-consultant-differs-from-that-of-an-employee/#comments</comments>
		<pubDate>Fri, 02 Dec 2011 05:08:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Income Tax]]></category>

		<category><![CDATA[Opinion]]></category>

		<guid isPermaLink="false">http://www.vnca.com/2011/12/02/tax-treatment-of-a-consultant-differs-from-that-of-an-employee/</guid>
		<description><![CDATA[Today, an employer often gives flexibility to a person to be employed as an &#8216;employee&#8217; or a &#8216;consultant&#8217;. Such a situation may arise due to the type of the profession, the person&#8217;s age and the extent of reporting and supervision. Currently, employer is not defined in the Income Tax Act, but it is defined in [...]]]></description>
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