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About 77 results for "cenvat credit on capital goods"

Cenvat credit-excise duty on capital goods

If suppose the cenvat credit on excise duty paid on capital goods is not utilised 50% in the current year and 50% in the subsequent year by as it is supposed to be utilised, Can the same be carried forward for CAclubindia, 1 month ago

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Budget 2014: Cenvat Credit Rules Need Fixing

|22:03, Updated at Mon, Jul 07 at 22:03Source : Moneycontrol.com By: Anjlika Chopra, Director & Ankur Bansal, Manager, Deloitte India With all eyes set on the upcoming Union Budget 2014-15 that would be presented by Narendra Modi ...
 Moneycontrol.com2 weeks ago Budget 2014: Cenvat Credit -Time For A Makeover?  Moneycontrol.com3 weeks ago

GSM, CDMA firms seek refund of unused cenvat credit in budget

NEW DELHI: Mobile phone companies operating on both GSM and CDMA platforms have urged the finance ministry to allow for refund of unused Cenvat credit in the upcoming budget. Cenvat (central value-added tax) credit is a tax set-off paid on inputs.
 Economic Times3 weeks ago

No waiver of interest in cases of export default under EPCG scheme

For our small-scale engineering unit, we imported CNC machines under Export Promotion Capital Goods (EPCG) scheme in 2010. Despite our best efforts, we could not export. Now, we have to pay duty, but is there any way to waive interest at 18 per cent ...
 Smart Investor3 weeks ago

Modvat credit on sale of by-products

The Supreme Court has ruled in a batch of appeals by the central government that modvat/cenvat credit cannot be denied to manufacturers on the ground that in the course of production of the main goods, non-excisable by-products also come into being.
 Business Standard India1 month ago

Capital goods removed for repair out side india

Ram kr. Buisness [ Scorecard : 769] Posted On 21 July 2014 at 15:33 Dear Expert, We are registered manufacturer in central excise. We want to remove imported capital goods for repair and ...
 CAclubindia3 days ago

Cenvat credit of cvd for payment of service tax

The Assessee (A) is a Registered Service Provider providing Taxable Service and Receiving Taxable Services. The Assessee buy Goods (Not Capital Goods) from an Importers (I) in India. In Terms of Cenvat Credit Rule "I" is a First Stage Dealer and "A" ...
 CAclubindia1 month ago Service Tax Amendments - Budget, 2014  CAclubindia6 days ago Taxation Aspects of Union Budget 2014  CAclubindia2 weeks ago

Major impact of budget 2014 on CENVAT credit

As most of the readers would be aware, the honourable finance minister has presented the budget 2014 on 10th July 2014. In this article, I would like to focus on few changes in cenvat credit provisions. Even though the number of changes is very few, ...
 CAclubindia1 week ago Full Understanding of Finance Budget 2014  CAclubindia1 week ago Budget 2014: Grant Thornton Analyses Impact  Moneycontrol.com2 weeks ago Budget 2014: Reactions Impact  Moneycontrol.com2 weeks ago

Now & then - Innovate or Be Damned

The Union Budget seeks to boost investment, enterprise and the overall growth momentum, which is credible game plan indeed to shore up governmental revenue, keep close tab of expenditure and, thus, arrest overextended government finances by reining ...
 Economic Times1 day ago

Govt may tweak rules to ensure smoother tax credits

NEW DELHI: , including Hindustan Unilever, Godrej, Nestle and Marico along with a number of tech service providers, could see their financials get a lift with the government looking at possibly tweaking rules to ensure smoother credit for taxes paid ...
 Economic Times3 weeks ago
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