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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 restrictions. This has been done to augment revenue without increasing the tax rates. Paper writer has m
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About the Author

CA Practice

Chartered Accountant practicing exclusively in the domain of Indirect Taxation i.e. Central Excise, Service Tax, VAT, Customs, FTP, SEZ, EOU. Heading NCR-Gurgaon Branch of Hiregange Associates, Chartered Accountant. Have been supporting Corporates, MNCsand other clients on error free compliance, value additive due ... Read more


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