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Cenvat Credit

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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......

How GST can boost revenue

  Even with less than ideal design features, the state VAT pushed up revenues. The Goods and Services Tax, with an improved design and a fully integrated IT system for both the Centre and the......

Non ferrous metals: Import duties on aluminum, zinc raised

Budget Provisions Import duty up on Aluminium Custom duty on primary aluminium increased from 5% to 7.5% while Basic Customs Duty on Other aluminium products increased from 7.5% to 10%. Increase......

Information Technology: Boost for hardware, but disappointment for IT services

The key proposals from the IT industry that were not addressed included removal of dual levies on software products The budget is a mixed for the technology and services sector, as clarification......
  Web results for Cenvat Credit
GAG points to shortcomings related to Cenvat Credit rules

Government auditor CAG today pointed to various shortcomings related to Cenvat Credit Rules involving Rs 128.31 crore which went unnoticed by the... ...

http://www.business-standard.com/article/pti-stories/gag-points-to-shortcomings-related-to-cenvat-credit-rules-116072601320_1.html
Care Ratings

Logistics industry is projected to grow at a compounded annual growth rate of 15-20 per cent between 2015-16 and 2019-20 that will get a further... ...

http://www.mydigitalfc.com/industrial-policy/gst-can-lower-cost-logistics-industry-care-ratings-749
Issues in respect of Taxability of various softwares

Service Tax issues in IT/ITES Sector and the need for preventive Indirect Tax Audits Software has been the soft target of multiplicity of... ...

http://www.caclubindia.com/articles/issues-in-respect-of-taxability-of-various-softwares-27324.asp
Explaination of 'after usageandquot; as per rule 3(5) of ccr 2004

We imported capital goods on which CENVAT Credit has been taken, are removed as such from the factory after being installed for... ...

http://www.caclubindia.com/forum/explaination-of-after-usage-quot-as-per-rule-3-5-of-ccr-2004-365499.asp
Grey areas - Cenvat credit on Krishi Kalyan Cess (KKC)

In budget 2016-17, the Government has introduced a cess called as Krishi Kalyan Cess (KKC) which will be used for financing and promoting... ...

http://www.caclubindia.com/articles/grey-areas-cenvat-credit-on-krishi-kalyan-cess-kkc--27316.asp

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