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Cenvat Credit

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  News for Cenvat Credit

  • Business

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......

Budget impact: What's cheaper, who will benefit the most

Cars, SUVs and two-wheelers along with other consumer items like TVs and refrigerators are set to become cheaper with Finance Minister P Chidambaram on Monday lowering excise duties to lighten the......

Enhance custom duty on steel long products

Steel is closely linked with production activities in various sectors of the economy. Being the basic material for development of economic and social infrastructure, steel is used for producing......

Govt likely to harmonise excise, service tax laws

As a prelude to the Goods & Services Tax (GST), the finance ministry might harmonise service tax and excise duty laws in Budget 2013-14. Also, it is likely to simplify Cenvat credit rules that......

  People speak for cenvat credit

  • QNA
Ghost Singh
Q. what kind pf punishment get to service tax defaulters ?
Ghost Singh:  A.  more

http://qna.rediff.com/questions-and-answers/what-kind-pf-punishment-get-to-service-tax-defaulters-/25657261/answers/

ANTHESHWAR JADHAV
Q. what is cenvat credit and what is the role of cenvat credit in service tax?
ANTHESHWAR JADHAV:  A. His response came in reply to a question on whether the government is likely to revisit proposals like the prosecution clause for both service...... more

http://qna.rediff.com/questions-and-answers/what-is-cenvat-credit-and-what-is-the-role-of-cenvat-credit-/23859140/answers/25657364

ritesh gupta
Q. difference between cenvat credit on input and capital goods
Ritesh Gupta:  A. CENVAT (Central Value Added Tax) credit is the the set off of the duty paid on inputs and capital goods and also service tax paid on input service...... more

http://qna.rediff.com/questions-and-answers/difference-between-cenvat-credit-on-input-and-capital-goods/23629655/answers/23859203

  Web results for Cenvat Credit
Scanner on slipping indirect tax collection

CBEC to dig into industry data, third-party sources to study sectors lagging in collections Vrishti Beniwal | New Delhi April 21, 2014 Last Updated... ...

http://www.business-standard.com/article/economy-policy/scanner-on-slipping-indirect-tax-collection-114042100034_1.html
Why Micromax Needs Pantech (Or another Manufacturer)

Indian mobile phone company Micromax is said to be in talks with South Korea's 3rd largest phone manufacturer Pantech for a stake in the latter.... ...

http://www.nextbigwhat.com/micromax-pantech-297/?utm_source=rss&utm_medium=rss&utm_campaign=micromax-pantech
DoT to move a cabinet note for moving telecom assets in the naxal-affected areas to BSNL

The Department of Telecommunications (DoT) plans to move a cabinet note seeking approval for transferring mobile network assets created in the... ...

http://www.tele.net.in/news/item/14622-dot-likely-to-move-a-cabinet-note-for-moving-telecom-assets-in-the-naxal-affected-areas-to-bsnl
Needed devolving in excise rules

The deterrent was to withdraw the facility of monthly payment of duties, making it compulsory for the assessee to pay excise duty for each... ...

http://www.business-standard.com/article/economy-policy/needed-devolving-in-excise-rules-114033100004_1.html
'To qualify for duty drawback, exporters must get paid in foreign currency'

We have wrongly availed Cenvat Credit but not utilised it for payment of Central Excise duty. We have reversed the Credit but the department wants... ...

http://www.business-standard.com/article/sme/to-qualify-for-duty-drawback-exporters-must-get-paid-in-foreign-currency-114032401139_1.html

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