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About 21 results for "cenvat credit on capital goods"

Cenvat credit on removal of capital goods

- Company A is the seller of one excisable factory and company B is the purchaser of that unit. - The entire business sale was a "SLUMP SALE". - Company A agreed to transfer CENVAT on capital goods lying in their books as per the slump sale ... CAclubindia, 1 month ago
Cenvat Ready recknor CAclubindia, 1 month ago

18 images for cenvat credit on capital goods

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Cenvat credit accumulation

dear experts, If a company during construction phase, i.e., having no commercial operations, pays service tax on capital assets acquired + ST under reverse charge mechanism. Subsequently after 2-3 years on completion of construction, on ...
 CAclubindia6 days ago

Asset transfer - cenvat credit rules - excisability.

Dear Members, Kindly clarify, If the asset (Capital Good) which has been used for more than 10 years and having WDV value, transferring from Andhra Pradesh Plant to Karnataka plant; how the rule 3(5A) of CENVAT credit rules applies to this ...
 CAclubindia1 week ago

Inter unit transfer of capital goods

Ram kr. Buisness [ Scorecard : 777] Posted On 04 September 2014 at 11:46 Dear Experts, We have purchased some machine under EPCG scheme hence there is no cenvat credit available on ...
 CAclubindia3 weeks ago

Cenvat credit not available on Tower Parts and Pre-fabricated

Dear Professional Colleague, Cenvatcredit not available on Tower Parts & Pre-fabricated buildings We are sharing with you an important judgment of theHonbleHigh Court of Bombay in the case ofBhartiAirtelLtd. Vs. the Commissioner of Central ...
 CAclubindia4 weeks ago

A brief information about service tax.

Taxable Service Partial abatement / Composition Scheme Conditions Relevant Notification/Rule Accommodation booking service by tour operator 10% of amount charged ( Abatement Scheme, though really it is composition scheme ) No Cenvat ...
 CAclubindia4 days ago

Excise on urea ??

BACKGROUND: We are a fertilizer company producing Urea and Ammonia, and also providing certain services such as maintenance & repairs service, renting of immovable services, etc. We are paying 1% Excise Duty on UREA as per Serial No. 128 of ...
 CAclubindia3 weeks ago

Input Service Distributor- Compliance

Compliance - Input Service Distributor- Central Excise / Service Tax Background The manufacturers in the past few years have often multi locational factories and warehouses to cater to the needs of customers of Just In Time deliveries (JIT) or ...
 CAclubindia4 weeks ago

Steps Taken by the Government Starts Showing Results: GDP Shows A Growth Rate Of 5.7 Per Cent in Q1 Of 2014-15 Over the Corresponding Quarter of the Previous Year; Headline WPI Inflation Comes Down to 5.1 Per Cent in July 2014 Among Others

When the new Government came to power around three months ago, it faced various challenges on economic front. The economic growth was showing a downward trend, the inflation was alarmingly high, unemployment rate was worrisome and corruption was ...
 Noodls1 month ago

Imp Service tax changes in Budget applicable from 1st Oct

Dear Professional Colleague, We are sharing with you certain amendments made vide recent Notifications dated August 25, 2014 issued by the Central Board of Excise & Customs (the CBEC): 1.Fixation of date of applicability of Clauses (A), (B), ...
 CAclubindia1 month ago No Service Tax Audit by Department or CAG  CAclubindia1 month ago
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