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RIL plant under lens for alleged excise duty evasion

The case relates to alleged wrong classification of mixed xylene Reliance Industries Ltd's (RIL) Hazira manufacturing unit in Gujarat has come under the scanner of central revenue authorities for......

Budget tips to simplify Cenvat

The new Cenvat rules continue to be restrictive and the rigid definitions adopted make the rules complicated and will lead to a lot of litigation in the future.Judging by the number of crucial......

Tracing GST's evolution as an idea

Reform ideas do not occur overnight and evolve over the years, says M Govinda Rao. Now that the goods and services tax (GST) Constitution amendment Bill has been passed by the Rajya Sabha,......

How the 'mother of all tax reforms' actually evolved

The story of India’s fledgling indirect tax regime goes back a long way before 2000. In its essence, GST is a national level system of value added taxation of goods and services, says Shankar......

GST: Celebrations, but fingers crossed!

'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply......

Modvat

News for Modvat

RIL plant under lens for alleged excise duty evasion

Budget tips to simplify Cenvat

Tracing GST's evolution as an idea

How the 'mother of all tax reforms' actually evolved

GST: Celebrations, but fingers crossed!

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