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Give input some credit, please

Millions of "input" tax credits are taken every day by manufactures and traders under the Cenvat Credit Rules for the purpose of paying and adjusting duty.Now, the very concept of input is in......

Few takers for auto loans

In spite of the fall in car prices triggered by the government's decision to reduce Cenvat, auto loan off-take has failed to pick up.Bankers and car financiers say the demand for car loans had not......

Hyundai cars cheaper by up to Rs 44,792

Responding to Centre's reducing CENVAT by four per cent,Hyundai on Monday slashed the prices of all its models by up to Rs 44,792. The company reduced the prices of its flagship brand Santro......

Govt announces package to boost economy

The government on Sunday effected an across-the-board four per cent cut in CENVAT that will bring down prices of cars, cement, textiles and other goods as part of an economic stimulus package that......

Budget tips to simplify Cenvat

The new Cenvat rules continue to be restrictive and the rigid definitions adopted make the rules complicated and will lead to a lot of litigation in the future.Judging by the number of crucial......
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Footwear, biodiesel to be assigned GST rates on June 3

Apart from gold, textile and beedi, GST Council on its June 3 meeting will set rates for footwear, agriculture implements and biodiesel. Gold... ...

http://www.deccanherald.com/content/613459/footwear-biodiesel-assigned-gst-rates.html
'No provision for refund of unused Cenvat credit if factory closes'

When a factory closes down, unutilised credit account would lapse, unless it resumes production ...

http://www.business-standard.com/article/opinion/no-provision-for-refund-of-unused-cenvat-credit-if-factory-closes-117050900056_1.html
'To import goods, excise dealer must register separately as importer'

If registered as Excise dealer, how to import goods and issue Cenvat bill and pass on Cenvat credit ...

http://www.business-standard.com/article/opinion/to-import-goods-excise-dealer-must-register-separately-as-importer-117032700575_1.html

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