cenvat credit summary


FM stresses on use of credit cards instead of cash

FM Stresses the need for use of more Accounted Money and Discourage of use of Unaccounted Money Focuses on use of Plastic Money such as Credit Card Rupay Card and Cheques in lieu of Hard Currency The

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Summary of Railway Budget 2015-16

No hike in Railway Passenger Fares Plan Outlay proposed Rs 1 00 011 crore increased by 52 Allocation for passenger amenities up by 67 Railways to become prime mover of Indian Economy Five years action

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FM asks bankers to work in professional manner

Finance Minister asks the Bankers to Work in a Professional Manner Without any Fear or Favour FM Directs Bankers to Increase flow of Credit to Various Sectors and take Steps to Reduce their NPA Says T

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Clarification regarding availment of CENVAT credit after six months

Circular No 990 14 2014 CX 8 F No 267 72 2013 CX 8 Pt Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi the 19thof November 2014 To Principal

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CMA- Online Application form for Foundation Examination June 2014 term

Instructions 1 MODE OF PAYMENT Fees are to be paid by Debit Credit Cards Pay fee module of IDBI only Demand Draft drawn in favour of THE INSTITUTE OF COST ACCOUNTANTS OF INDIA payable at KOLKATA Exami

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Experts Opinions

Forward input tax credit

sir can u tell me regarding forwarding of input tax credit can we forward input vat next year or is it mandatory to take refund before 31 mar

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Cenvat credit issuing invoice in own name

Dear experts to send the goods to warehouse if company issue the invoice in own name then can company avail the cenvat credit or not plz confirm

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Mat credit

Hello Sir Madam Is MAT credit of last year is deduct from deferred tax liability arising from depreciation Reply as early as possible Thanks in advance

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Reflection of mat credits in books of accounts

in books of f y 2014 15 the assessee didn t showed any mat credit in asset side though he availed dat credit in income tax now for a y 2015 16 assessee has utilised dat mat credit for payment of incom

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Input credit

I have been supplied certain Raw Materials Service from one of my supplier He is covered under Composition Scheme under MVAT hence charged me discounted rate of 8 on materials Can I avail MVAT on such

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Vat input credit under work contract of telanaga

Dear Sir As per APVAT act 2005 Input credit for work contract is limited to 90 Where any VAT dealer pays tax under clause a of sub section 7 of Section 4 the input tax credit shall be limited to 90 of

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Credit of tds in 26as

Hiii In My office we uploaded one return which containing many TDS entries in 26AS But after filed the return we canme to know that some persons revised their TDS returns so It will automatically refl

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Cenvat rebate on imported goods

If some goods are imported repacked for selling in India market can the importing companny take rebate of CENVAT SAD What minimum amount of processing is must to avail CENVAT apply excise on the repac

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Input credit on consultancy fees paid for capex item

I have availed 100 Cenvat on consultancy fees paid to consultant used for CAPEX item i have debited consultancy fees Paid to WIP CAPEX and not in expenses is CENVAt to be aviled 50 in current year 50

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Credit manager

Friends I have a job offer for the post of credit manager unsecured business loans in a leading private sector bank I want to knw whether the job has growth potential and whether it is advisable to ac

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File Download

  • Summary of Recent Circulars of MCA

    MCA has recently issued few circulars which are very important The file contains summary of some of the important circulars of MCA


  • Summary of Recent case laws of Direct tax - By CA Siddharth Jain

    Meant for CA Final Nov 15 exams summary in just 13 pages


  • Service Tax Delayed Payment and Interest

    Service Tax


  • External commercial borrowings

    All about external borrowings


  • Credit limit set in TALLY



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Summary of Excise duty case laws applicable for CA Final Nov 15

About Notes The case laws are summarized from supplementary study material issued by The Institute of Chartered Accountants Of India for the Final Examination to be held in May 2015 For detail case st

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Disputed inputs service credits

The concept of set off where an assessee adding value is able to set off the taxes on his purchases is an important one which enables one to avoid the cascading effect of taxes and thereby control cos

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Neutralise artificial restrictions under Cenvat Credit Rules

Cenvat Credit scheme is designed to avoid cascading effects but it has been seen over a period that the government has been diluting the basic philosophy of the rule by introducing many arbitrary rest

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Cenvat Credit of Input Services up to Place of Removal

Cenvat Credit of Input Services up to Place of Removal Whether Circular dated 20 10 2014 and 28 02 2015 ultra vires provisions of Cenvat Credit Rules 2004 CBEC vide Circular No 988 12 2014 CX dated 20

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GST- Transitional Issues in Credits

GST Transition challenge on Credit Carry forward and Claim through declaration Introduction Tax credit in any value added taxation is the second most important aspect after the levy as it goes to redu

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Updated on : 9/24/2015 7:45:10 AM

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