Scheme for speedy grant of refund accumulated in cenvat credit

Scheme formulated for Speedy grant of refund of accumulated and unutilised CENVAT credit to help in ease of doing business by unlocking the accumulated credit Exporters of services today accumulate CE

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Feedback on Nov 2015 CA exams

It is hereby informed that candidates can bring to the notice of the Examination Department their observations if any on the question papers relating to CA Examinations being held in November 2015 by

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ICAI - President's Message - September 2015

Dear Friends These days quite justifiably people of Indian origin are remarkably being appointed elevated and accepted for higher administrative and management responsibilities across organisations gl

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ICAI on ease of doing business in India

The Ministry of Corporate Affairs has issued a notification to give exemptions to private companies under the Companies Act to improve ease of doing business in India ICAI is happy that the Government

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ICAI - President's Message - June 2015

Dear Friends Change is inevitable and is the only thing that is constant But it is the sheer pace of change that makes it a big challenge in the present hi tech era of liberalisation privatisation and

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Experts Opinions

Cenvat credit and abatement simultaneously

XYZ is a builder who has let out work on sub contract basis to another contractor The sub contractor is charging service tax XYZ wants to claim abatement and wants to take cenvat credit of tax paid to

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Is there any provision to adjust cst with wbvat?

Is there any provision to adjust CST with WBVAT if yes then what should be the accounting entry for the same

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Cenvat credit of service tax paid under reverse charge

Dear All Due to change in definition of intermediary in a reverse case if Indian Company takes service of Commission agent outside India it would not be considered as import of service and the service

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Cenvat credit

Dear sir we have 2 service tax registrations we have taken total cenvat credit in registration 1 registration 2 we have not taken any cenvat credit while paying the service tax and returns also filed

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Aop / private trust

What is the maximum marginal rate applicable to AOP and Private trust Pls state the rate for both AOP and Pvt Trust Thankyou

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Quick refund of cenvat credit to exporters

CBEC vide its Circular 187 6 2015 Service Tax dated 10 11 2015 formulated a Scheme for Speedy grant of refund of accumulated and unutilized CENVAT Credit for Exporters of Services to help in unlocking

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Vat on replaced electronic items when it is out of warranty

Dear Sir Madam Request anybody to respond to my query I bought one LED TV 2 and half years ago Now the TV is under NO warranty Recently its LED Panel has gone bad Hence I approached the OEM and after

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Kvat(kerala) input credit on purchase after registration app

Hello Right after the submitting the application for registration my client made bulk purchases thinking it would be eligible for Input Tax Credit There is around 14 Lakhs of Stock all taxable 14 5 No

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Vat or sales tax for used car dealers

Hello Everyone I would like to know what is the Vat applicable for a used car dealer in maharashtra Some people say it is 1 875 while some are saying its straight away 8 If the Vat is 8 would mean all

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Vat on residential address

Hi Please suggest can one have VAT registration at a residential address in case of Partnership Firm Same premise is being used by one of the Partners Thanks Amit

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File Download

  • DVAT Return process

    complete process of Delhi VAT return


  • MVAT Annexure Generation Utility

    Generate Annexure J1 J2 J5 J6 Automatically from Tally erp or Tally7 2 or any Excel or ASCII file Veryfy TIN online with Mahavat gov in and extract the Name Status i e Active Cancell as per department record in a single click Auto verification of Non Filer Short Filer and composite Dealr List along with 704 Non filer dealr list updated by department time to time No need to sorting your data just export your data in excel or ASCII text formate and this utility will import your data automatically


  • Document Management addon for Tally

    Greetings fellow forum members Let me thank you for your valuable support advice and feedback on our first addon Continuing with the same we wish to present you with our new addon Document Management System Experience has taught accountants and buisnessmen to have ready access to documents related to all entries in an accounting system We have come up with an addon specifically to address such issues We present this Document Management addon a useful tool for people who wish to attach any bills invoices cerificates etc i e any file you wish to attach with any accounting entry as a supporting document or evidence Thus it helps for future reference for accountants and also for audit purposes for auditors This addon is a trial version which only works for contra entries as well as masters If you wish to attach any documentary evidence for withdrawal of cash from bank or vice versa you can attach scanned copy camera captured image of the deposit slip withdrawal slip For people who wish to attach supplier or vendor details say TDS certificates or VAT service tax certificates they can attach any such documents during creation or alteration of such masters This can be applied to many areas say assets where bills invoices may be attached or excel sheets having depreciation calculations can be attached The Paid version of this addon can be used for all voucher types We hope that this trial version will convince you of the full potential of this addon In case of any query or feedback please feel free to communicate Regards CA Deepak Agarwal Gyrotech info gyrotech in 7738286611


  • Form 402

    MVAT Form 402 Works Contract Certificates for Sub contractors


  • Amendments in Cenvat Credit and Excise for Nov 15

    Amendments in Cenvat Credit and Excise for Nov 15


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Exegesis of the 'Rules of Computation of H-VAT' for Builders

The controversy regarding liability to pay VAT on agreements for sale of flats and units by builders and developers in Haryana has been emerged over a last few years It is purely a grey area where not

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TN VAT - Works Contracts - Tax disputes - Appeal Process

TN VAT Works Contracts Tax disputes Appeal Process and Consequences of Form O RR not issued by AO The readers may peruse the content in other article s on caption s Taxation of works contracts under T

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Disclosure of Rule 6 of Cenvat Credit in ST-3 Return - Practical Aspects - Part 3

Having discussed on the disclosure of availment and utilization of credit in previous two articles we shall move on to examining applicability of Rule 6 of Cenvat Credit Rules to a service provider an

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Conversion of Private Limited Company to LLP

Very often it is asked what is justification of having a private limited company Small promoters and entrepreneurs asks questions like why to pay dividend distribution tax why there is restriction on

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Cenvat Credit disclosure in ST return-Practical Aspects: Part 2

In the previous article we had discussed regarding availment of credit while filing of ST 3 Return It has been very encouraging to receive large number of queries on various aspects related to service

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Updated on : 11/14/2015 6:51:09 AM

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