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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......

Service tax dept may disrupt your grand party

To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lensThe next time you organise......

Budget neutral for the telecom sector

Budget Provisions Imposition of basic customs duty at 10% on specified telecommunications products outside the purview of IT act. This will lead to a potential increase in equipment capex.......

Refunds, slowdown drag April direct tax mop-up

Thanks to a slowing economy and huge income-tax refunds, net direct tax collections in April stood at Rs 9,590 crore (Rs 95.9 billion), 21.48 per cent lower than Rs 12,214 crore in the same month......

  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
Treat it as Centre State issue not just economic efficiency issue

Implementation of GST may not be easy in view of the many glitches and diverse challenges that are likely to crop up right from the beginning... ...

http://www.commodityonline.com/news/gst-treat-it-as-centre-state-issue-not-just-economic-efficiency-issue-60012-3-60013.html
Please help me with cenvat credit

When i have taken CENVAT credit wrongly, i have to reverse the same. Now everywhere i find i have to debit my CENVAT credit account. my question... ...

http://www.caclubindia.com/forum/please-help-me-with-cenvat-credit-307487.asp
Clarification on Major issues pertaining to refund of Cenvat credit to Exporters

Dear Professional Colleague, We are sharing with you the recent judicial pronouncement of the Honble Bangalore CESTAT in the case ofApotex... ...

http://www.caclubindia.com/articles/clarification-on-major-issues-pertaining-to-refund-of-cenvat-credit-to-exporters-21891.asp
Why GST should be expeditiously implemented?

Despite the extensive reforms that India's indirect tax system has undergone since 1991, our country still has a highly fragmented, inefficient and... ...

http://www.merinews.com/article/why-gst-should-be-expeditiously-implemented/15900901.shtml
Cenvat credit of s tax paid under works contract

Dear all, My client is Dealer of TATA Motors and reg for BAS service in S Tax and paid S tax under works contract for building the premises for... ...

http://www.caclubindia.com/forum/cenvat-credit-of-s-tax-paid-under-works-contract-307098.asp

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