cenvat credit notes

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GST Act, Rules and Analysis


GST Act CGST Act IGST Act UTGST Act GST Compensation to the States Act NewGST Rules Composition Rules Valuation Rules Transition Rules Input Tax Credit Rules Revised Invoice Rules Revised Payment Rules Revised Refund Rules Revised Registration Rules Revised Return Rules Draft GST Rules Accounts and

Disclosure of specified bank notes in auditor's report


Regarding disclosure requirement and reporting requirement in the Auditors Report that the company has provided requisite disclosures in its financial statements as to holdings as well as dealings in Specified Bank Notes during the period from 8th November 2016 to 30th December 2016 We would like to

Payment of Wages by cheque or crediting to bank accounts


The present wage limit for applicability of the provisions of the Payment of Wages Act 1936 is Rs 18 000 per month The Act has been amended by Payment of Wages Amendment Act 2017 effective from 28 12 2016 to enable the employers to pay wages to their employees by a cash or b cheque or c crediting to

Govt to conduct trials with plastic banknotes


Government to conduct field trial with plastic banknotes at five locations of the country Approval for procurement of plastic substrate and printing of bank notes of Rs 10 denomination on plastic banknote substrates conveyed to RBI It has been decided to conduct a field trial with plastic banknotes

FM Arun Jaitley presents the Economic Survey 2016-17


Finance Minister Shri Arun Jaitley Presented Economic Survey 2016 17 in the Parliament today Economic Survey says economic growth to return to normal as new currency notes in required quantities come back into circulation and follow up action on demonetisation is taken The CPI based core inflation r

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Experts Opinions

Cenvat credit on portable cabins by service provider


A Provider of Service purchase Portable Cabin and use by their staff for administrative purpose on his client site Can Provider claim CENVAT on Excise amount which paid for purchase Portable Cabin Further that Portable Cabins is not specified as Capital Goods under CENVAT can company claim as a INPU

Input tax credit


Dear sir can the Vat paid on machinery spares be availed as ITC my state is Andhra pradesh

Arrears excise duty of rule 8 payment from cenvat credit


I have received a notice that we can not pay the Arrears Excise Duty under Rule 8 from utilizing of Cenvat Credit Please help me this May we need to pay it from Cenvat Credit or through PLA Letter as below I have receive Subject Irregular payment of duty as default payment reg On scrutiny of ER 1s f

For input credit


Sir i starting a new tour travel work than I received 9 ST from parties and reff them to hotels camps transports etc so how i take input credit and 9 st is liable or not for this work

Notes of Drafting for CS Professional


Is anybody having notes of CS professional Drafting Appearances and Pleadings

Discussion

transitional provision tax credit

sir if i am manufacturer in paper industry right now there is 0 rate of exise in paper manufacturing industry so we are not able to take credit of input and capital goods now in gst i will liable to pay gst on supply i e 5 now suppose i am purchasing capital goods in month of may then i am unable to

Utilization cenvat credit for arrears excise duty rule 8

I have received a notice from Excise Department that we can not pay the Arrears Excise Duty under Rule 8 from utilizing of Cenvat Credit Please help me regarding Arrears Excise payment under Rule 8 of Central Excise Act 2002 May we need to pay it from Cenvat Credit or through PLA Letter as below I h

Cenvat credit in work contract on gst

Under Gst law the services provided for work contract service is not eligible for cenvat credit under gst act please clarify whether the sub contractor who is doing work contract service is also not eligible for cenvat credit and this will result to double taxation whether there is any recomendation

Notes of Drafting for CS Professional

Is anyone having notes for the subject Drafting Pleadings and Appearances of CS Professional

Distribution of input credit

sec 21 taluk about distribution of input credit

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Articles

Carry forward of accumulated credit to GST


This article is based on the GST Bill 2017 which was released in public domain in last week of March 2017 Background There seems to be a doubt in assesses who are registered under central excise and service tax whether the unutilized credit in excise and service tax returns can be c f into GST and u


Input Tax Credit under GST


This article is based on the GST Bill 2017 which was released in public domain in last week of March 2017 Background The promise by all the FMs on the various forums and business expectation was that seamless credit would be permitted under GST The reality is that restrictions on credit availment ha


Input tax credit under GST


Goods and Service Tax is being imposed on all business transaction Thus every transaction shall attract GST If input tax credit is availed efficiently it will reduce the burden of GST on the business only to the tax percentage of value addition Any loss of input tax credit shall result in correspond


Credit Under GST - Not seamless


Input Tax Credit Under the CGST Act Draft Rules Is it seamless This paper has been written purely as a good and honourable citizen of India wanting us to reach the pride of place in the world tomorrow The GST is said to be the biggest tax reforms in indirect taxation The merger of 11 taxes reduction


Cenvat credit on deposits insurance - Banks v/s Departments


Introduction Banks are registered under service tax in the category of Banking and Financial Services They collect and pay service tax on its various incomes such as commissions bank charges documentation charges processing fees etc levied on its customers However one of the major revenue earned by


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Updated on : 4/26/2017 1:01:11 AM


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