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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......

Govt eases Cenvat rules for small cos

In a major relief to small companies, the government on Thursday relaxed Cenvat Credit Rules to exempt manufacturers paying excise duty of less than Rs 1 crore (Rs 10 million) from filing a......

Tracing GST's evolution as an idea

Reform ideas do not occur overnight and evolve over the years, says M Govinda Rao. Now that the goods and services tax (GST) Constitution amendment Bill has been passed by the Rajya Sabha,......

7 ways GST affects India's infrastructure sector

There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee. This is GST (goods and services tax) season;......

A dummy's guide to GST

Both Prime Minister Narendra Modi and Finance Minister Arun Jaitley were eager to get the GST Bill passed as according to an estimate, Indian economy will gain $15 billion a year if the GST is......
  Web results for Cenvat Credit
Central excise notification no. 50/2003

We are excisable unit & taking the benefit of CENVAT Credit. Our Customer located at Haridwar and getting the benefit of Excise Exemption Under... ...
Large taxpayer units to be shut down under GST

After the Planning Commission, yet another UPA government relic is set to fall. Large Taxpayers Units (LTUs) scheme, a dream project of the UPA... ...
Kkc error in st 3

Any Expert in ST 3. When we put KKC paid by Cash and Cenvat Credit it is accepted rightly. but ahead when we need to fill cenvat details like... ...
Government doubles limit of excise duty evasion for arrest and prosecution

The government has doubled the limit of excise duty evasion for arrest and prosecution of accused to Rs 2 crore and also asked officials not to... ...
Cash flow indirect method - a different approach

1 Indirect Method (Sample Format) Net Income Before Tax Add:Depreciation Other Non Cash (Like Forex... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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