Excise Articles

Utilisation of Cenvat Credit For Education Cess Payment

CA. SRIKANTHA RAO T 04 April 2014 at 11:42

UTILISATION OF CENVAT CREDIT FOR EDUCATION CESS PAYMENT A MANUFACTURERS PERSPECTIVEBy CA Srikantha Rao T The introduction of Cenvat Credit Rules 2004 which facilitated cross utilization of credits in terms of Service Tax on input servi

Importers issuing Cenvatable invoices requires CE Reg.

Bimal Jain 06 March 2014 at 12:59

Dear Professional Colleague,Importers issuing Cenvatable invoices require registration under Central Excise & consequential amendments Background:Rule 9 of the Central Excise Rules, 2002 (the Excise Rules) provides the list of pers

CAS - 4 and Rule 8 of Central Excise Valuation

Ayyswariya RG 08 January 2014 at 12:46

Hi all, This article is going to be on CAS-4 (Cost Accounting Standard 4) issued by the Council of the Institute of Cost and Works Accountants of India along with the Guidelines on cost of production for captive consumption (Under Rule 8 of the Centr

Taxability of 'Ready Mix Concrete' & 'Concrete Mix' under Excise & Service Tax

CA. K S Chauhan 26 December 2013 at 12:47

Now-a-days, real estate industry is in boom phase and flat/apartment culture is picking pace due to economy, comfort, security and liquidity

Cenvat Credit Rules from scratch Part-3

Saurabh Maheshwari 16 December 2013 at 12:27

Q-1 Describe the following terms:(a) First & Second stage dealers(b) Input Service distributor(c) Input credit distributor Ans-1(a) First & Second stage dealer:--First stage dealer means a person buying goods directly from manufacturer/import

Cenvat Credit Rules from scratch Part-2

Saurabh Maheshwari 23 November 2013 at 13:46

Hello friends, Greetings of the day to you all!!In continuation with the previous article the next part is ready .so lets begin discussing the remaining topics.. The link for first part Q-1 What are the timing, manner a

Cenvat Credit Rules from scratch

Saurabh Maheshwari 21 October 2013 at 16:55

Cenvat Credit Rules from scratch

Cenvat not to be denied on mere non payment by Supplier

Bimal Jain 07 September 2013 at 12:12

Dear Professional Colleague, Assessee not expected to verify with Department in order to avail Ce

EJUSDEM GENERIS in taxation matters

RENGARAJ R.K 04 September 2013 at 12:46

PRINCIPLES OF EJUSDEM GENERIS- NOSCITUR A SOCIIS IN TAXATION LAWS Introduction: Ejusdem generis is a latin maxim which means that where there is a list of words in a statute followed by

Assessee can't be forced to avail particular Exemption Notification

Bimal Jain 01 August 2013 at 09:51

The Department cant force assessee to avail a particular exemption Notification when benefit of other exemption Notification is available An important judgement of the Honble CESTAT, New Delhi in the case of M/s Winsome Yarns Ltd. Ver