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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......

'We are ready for GST rollout from April 1, 2016'

'Both the Centre and state governments are working in close cooperation on the issue' The Rajya Sabha could not discuss the Constitution amendment Bill in the monsoon session. It is anybody’s......

A dummy's guide to GST

  Here's everything you need to know about the Goods and Services Tax Bill.  The long-delayed Goods and Services Tax Bill was passed in the Lok Sabha on Wednesday. Now a battle awaits......

India eyes $900 billion exports by 2020; sops for exporters

Aiming to nearly double India's exports of goods and services to $900 billion by 2020, the government on Wednesday announced several incentives in the five-year Foreign Trade Policy for exporters......
  Web results for Cenvat Credit
Taxman sniffs Rs.2,500-cr wrong claims by auto insurers

controversy over alleged wrong claim of credit worth Rs.2,500 crore pertaining to central value added tax (Cenvat) by 16 non-life insurers on... ...

http://www.business-standard.com/article/news-ians/taxman-sniffs-rs-2-500-cr-wrong-claims-by-auto-insurers-115082700314_1.html
'We are ready for GST rollout from April 1, 2016'

'Both the Centre and state governments are working in close cooperation on the issue' The Rajya Sabha could not discuss the Constitution amendment... ...

http://www.rediff.com/money/interview/interview-we-are-ready-for-gst-rollout-from-april-1-2016/20150818.htm
Top insurance news of the day- August 11, 2015

A revenue intelligence agency has found that some 16 insurance companies engaged in motor- vehicle insurance have been wrongly availing of cenvat... ...

http://www.indiainfoline.com/article/news-top-story/top-insurance-news-of-the-day-august-11-2015-115081100504_1.html
Probe against 16 insurers in Rs 2,500-cr CENVAT credit case

Press Trust of India | New Delhi August 10, 2015 Last Updated at 22:22 IST Finance Ministry today said it has issued summons to 16 insurance... ...

http://www.business-standard.com/article/pti-stories/probe-against-16-insurers-in-rs-2-500-cr-cenvat-credit-case-115081001518_1.html
Chennai Zonal Unit of the Directorate General of Central Excise Intelligence Conducts Investigation under Summons Against 16 Insurance Companies Engaged in Providing Motor-Vehicle Insurance Policies, for Wrongly Availing Cenvat Credit to the Tune of Rs. 1200-2500 Crore on the Bogus Invoices of the Car Dealers

The Chennai Zonal Unit of the Directorate General of Central Excise Intelligence, Ministry of Finance has been conducting investigation under... ...

http://pib.nic.in/newsite/PrintRelease.aspx?relid=124745

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