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About 51 results for "cenvat credit on capital goods"

Availment of cenvat credit on capital goods

× Sign-in to your account Sign up Now Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc. Register Now Alternatively, you can log CAclubindia, 2 months ago

5 images for cenvat credit on capital goods

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Business Standard India, 3 months ago, 3 months ago
Zero Hedge, 5 months ago

Simplified Central Excise norms for Jewellery Sector notified

In this year's Budget, central excise duty of 1% without input and capital goods tax credit or 12.5% with credit was imposed on articles of jewellery falling under heading 7113 of the First Schedule to the Central Excise Tariff 1985. Subsequent to ...
 Press Information Bureau2 months ago

Understanding GST Model law - Tax credit on Capital goods

This is the ninth in the series ofarticlestounderstandtheGSTModelLaw. The purpose is mainly to create an awareness and enable one to look at the unintended impact on his her sector. It would aid in making representations to make this law tax payer ...
 CAclubindia1 month ago Understanding the GST Model Law- Input Tax Credit  CAclubindia2 months ago Impact of GST on manufacturing and trading process  CAclubindia5 days ago Job work issues under GST  CAclubindia1 week ago

GAG points to shortcomings related to Cenvat Credit rules

New Delhi, Jul 26 () Government auditor CAG today pointed to various shortcomings related to Cenvat Credit Rules involving Rs 128.31 crore which went unnoticed by the department due to non-observance of compliance verification mechanism. CAG had ...
 Times of India2 months ago CAG points to shortcomings related to Cenvat Credit rules  Times of India2 months ago

Cenvat credit on rent a cab

Denying of CENVAT credit on service of rent-a-cab is favourite to revenue officers. For the period upto 01.04.2011, courts/tribunals allowed the credit however with advent of specific exclusion in the definition of Input service so as to disallow ...
 CAclubindia2 weeks ago

Excise - capital goods moderate - import

If my Company import the Capital goods and the duty is divided in CVD: 1250 BCD: 600 SC: 20 SHEC: 10 Additional Duty: 400 In this situation the moderate how we take in current financial year and following financial year. Specially the Moderate of ...
 CAclubindia1 month ago

Whether cenvat credit can be taken for forklift ?

Dear All, We are a petroleum products manufacturing company. We are going to procure Forklift which is being used for load lifting purpose ( means to lift drums filled with product for the purpose of loading in trucks ). Whether we can avail ...
 CAclubindia2 months ago
Financial Express

Is GST in India a Game Changer?

/PRNewswire/ -- The Government's plan to roll out Goods and Services Tax (GST) from April 1, 2017, has moved an inch closer to reality with the Hon'ble President Shri. Pranab Mukherjee signing the Government's flagship GST Bill recently. The ...
 TickerTech.com2 days ago Game changer  The Financial Chronicle1 month ago GST: The right prescription  Hindu Business Line1 month ago GST: Here's how Goods and Services Tax would change the way India does business  Financial Express2 months ago

All you need to know about GST

This Act may be called the *Central / State Goods and Services Tax Act, 2016. It extends to the *whole of India (CGST Act) / State wise (SGST Act) .It shall come into force on such date as the Central or a State Government may, by notification in ...
 CAclubindia23 hours ago Job work in GST act 2016  CAclubindia1 day ago

Input tax credit under GST

Introduction : Under GST , it is envisaged that there will be seamless flow of credit from each stage, from manufacturer to trader and till the last businessman in the chain making the commercial transaction, wherein eventually the tax burden ...
 CAclubindia4 days ago GST Transition  CAclubindia1 week ago Transistional provision of input tax credit(ITC) under GST  SlideShare.net1 week ago For smooth GST transition, here's what must be done  Financial Express1 month ago
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