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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......

Swachh Bharat cess: How much more will you have to pay?

The Finance Ministry statement said Swachh Bharat cess will be payable on services which are provided on or after November 15. The Finance Ministry said that service tax on restaurant bills will go......

Flaws in India's GST defeats its purpose

There is much work to be done to design a good GST, notes Parthasarathi Shome. In the last mile, many essential components of a robust goods and services tax India is rushing towards a so-termed......

How to end tax uncertainty

When the Authority for Advance Rulings was born in 1999, it was a blue baby, a powerless creature, which could give ruling only for proposed activities, notes Sukumar Mukhopadhyay Certainty of tax......
  Web results for Cenvat Credit

The Indian real estate sector is expected to grow and touch $200 billion by 2020. For over last one decade, housing sector itself has had a 5-6 %... ...
Cenvat credit admissibility

× Sign-in to your account Sign up Now Join and Share your Knowledge. Registered members get a chance to interact at Forum,... ...
Article on rule 16 of central excise rules, 2002

Rate of Excise duty to be paid at the time of removal of sales return goods Practical Situation: When manufacturers remove the goods... ...
'Duty paid on goods, not on service, can be passed on to customer'

The service of goods transport agency got consumed during transportation of goods from your supplier's premises to your premises TNC Rajagopalan... ...
Introduction of Swachh Bharat Cess before GST may not augur well for India Inc

Swachh Bharat Abhiyan was launched by Prime minister, Narendra Modi with the aim to improve the sanitation in rural and urban areas so that the... ...

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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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