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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......

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......

Budget effect: Museum, zoo tickets cheaper, air travel dearer from tomorrow

Entry tickets to museums, zoo and tiger reserves would become cheaper, while business class air travel, investment in mutual funds and chit funds would become expensive with some of the service tax......
  Web results for Cenvat Credit
GST rates likely to be in the range of 20-23%

The proposed national goods and services tax (GST) rates could be 20-23 per cent, if recommendations of the National Institute of Public Finance... ...

http://smartinvestor.business-standard.com/market/Econnews-310457-Econnewsdet-GST_rates_likely_to_be_in_the_range_of_20_23.htm
Non-compliance of rules by EOUs costs ₹317 crore

Irregular sales in the domestic market by 100 per cent Export Oriented Units (EOUs), incorrect Cenvat credit availment, and irregular levy of... ...

http://www.thehindubusinessline.com/government-and-policy/noncompliance-of-rules-by-eous-costs-317-crore/article7173984.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
CAG

NEW DELHI: The Comptroller & Auditor General (CAG) today said measures initiated by the Revenue Department to improve recovery of service tax... ...

http://economictimes.indiatimes.com/news/economy/finance/no-impact-of-dors-initiative-to-recover-service-tax-arrears-cag/articleshow/47166721.cms
CAG

Discontinuation of duty benefits and introduction of special economic zones have led to a reduction in the number export-oriented units to 2,608 in... ...

http://wap.business-standard.com/article/pti-stories/no-of-eous-come-down-to-2-608-in-2013-14-cag-115050500587_1.html
'Legal clearance of goods from DTA to SEZ entitled to Cenvat credit refund'

our excise authorities told us that a new definition of 'export' has been inserted in Rule 18 and Cenvat Credit Rule 5, which covers only taking... ...

http://wap.business-standard.com/article/sme/legal-clearance-of-goods-from-dta-to-sez-entitled-to-cenvat-credit-refund-115050400850_1.html

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