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About 21 results for "cenvat credit on capital goods"

Cenvat Credit on services received for Wind Mill, beyond facto...

There is old litigation between assessees and department whether Cenvat Credit of service paid on various services received viz. installation/repairing & Maintenance of Wind Mill, situated out of factory gate, is available or not , in terms of ... CAclubindia, 1 month ago

2 images for "cenvat credit on capital goods"

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A brief note on export promotion capital goods scheme

Introduction: The Export Promotion Capital Goods (EPCG) scheme was one of the several export-promotion initiatives launched by the Government in the early '90s. The basic purpose of the scheme was to allow exporters to import machinery and ...
 CAclubindia1 month ago

'Duty paid on goods, not on service, can be passed on to customer'

I am a registered Excise and VAT dealer in Andhra Pradesh. I purchase goods from Gujarat. Recently my supplier has been charging me additional amount for service tax on transportation in the invoice. He told me the additional amount charged can be ...
 Smart Investor1 month ago

GST Era Pushes Indirect Excise Duty On Textile w.e.f 17th July 2015

The era of Goods & Service Tax (GST) has started with three notifications on 17th July 2015. The idea is to check the breaking of chain for the purpose of GST. It is pertinent to note that more or less , similar and/or same provison has been ...
 CAclubindia1 month ago

Understanding Liability and Credit Under ST - GTA

Introduction All manufacturers, some dealers and service providers are required to pay service tax on reverse charge @ 4.2% for payments to GTAs. There is a lot of confusion on the applicability whether applicable for all freight payments or only ...
 CAclubindia2 months ago Tn vat vs service tax  CAclubindia1 month ago ST return scrutiny: How to combat  CAclubindia1 month ago Service Tax on Hotels and Restaurants - Analysis  CAclubindia2 months ago

ICAI must oppose GST in present form

Goods and Services Tax (GST) being implemented, is held out to be the biggest tax reform in India since independence. As an entrepreneur, I find it a complete farce and colossal waste of opportunity while still incurring huge cost of implementation ...
 CAclubindia1 month ago

MINISTRY OF FINANCE OF REPUBLIC OF INDIA : Incentives and Relief Offered to Exporters and Importers

Press Information Bureau Government of India Ministry of Finance 31-July-2015 16:33 IST Incentives and Relief Offered to Exporters and Importers A number of incentives and other relief are being offered to exporters and importers, the ...
 4 Traders1 month ago

Amendment in proviso- textile

TRIPLE THE AMENDMENTS, TRIPLE THE HASSLE, NOW ALL IS WELL Introduction Proviso: when it is added to an exemption notification, brings out some conditions on fulfillment of which the benefit of notification will be allowed. Therefore, as and ...
 CAclubindia1 month ago

CBEC eases condition for handset duty sop

The Central Board of Excise and Customs (CBEC) on Thursday eased the condition for local producers to avail of the concessional 1% excise duty rate on made in India phones by clarifying that this benefit can be claimed even if duty-exempt components ...
 Financial Express1 month ago Centre gets liberal with tax to push local manufacturing  The Financial Chronicle1 month ago Duty gap between imported & locally made phones restored  Financial Express1 month ago Boost for Make in India: Local manufacturers of mobile phones, laptops regain tariff advantage with CBEC notification  Economic Times1 month ago

Mystery of Confusing Notifications on applicability of Excise Duty on Textiles, Mobile phone, Note books, Spectacles, Calculators, Water filters, Sauces and ketchups, Bicycles, etc.

bimal jain Service [ Scorecard : 15776] Posted On 23 July 2015 at 12:25 Dear Professional Colleague, T he Central Board of Excise and Customs ( the CBEC or the Board ) has issued three Central Excise ...
 CAclubindia1 month ago
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