the Output Cenvat/Service Tax Payable. The purpose and objective of Service Tax Credit scheme is to enable the person providing maintenance services to take credit of the Service Tax charged by the service amount collected for rendering the services, subject to the conditions, inter alia, that CENVAT Credit has not been availed by the service provider and cost of goods sold in the process of providing
Posted in
Personal Finance & Tax by Dev Raj
at
4:11 AM on October 09, 2008
The distance between the two is between 3 to 5 km. It will take not more than 15 min to reach IHC from India Gate....5 km....IHC, LODHI ROAD IS ALMOST 1.5 - 2.0 KILOMETERS AWAY FROM INDIA GATE AND IT WILL TAKE ABOUT 10 MINS TO REACH FROM INDIA GATE TO IHC..
Posted in
Delhi by cross22
at
7:24 PM on November 05, 2007
and comparatively, a free hand was given to the assesses.Under the Cenvat Scheme, a manufacturer of final product or provider of taxable service shall be allowed to take credit of duty of excise as well as of serviceCENVAT Central Value Added Tax is a new set of rules 57AA to 57AK , under The Cenvat Credit Rules, 2004, were framed and whatever restrictions were there in MODVAT Scheme were put to an end
Posted in
Personal Finance & Tax by Anonymous
at
8:39 PM on January 11, 2012
There is no time limit prescribed in current cenvat rules 2004, earlier 180 days, but one has to take good care to take credit before close of financial year, so 2 year back credits cant be claimed
Posted in
Work & Workplace by Anonymous
at
2:14 PM on February 14, 2009
in the factory. This, however, does not mean, nor is it even intended that if the manufacturer does not take credit as soon as the inputs are received in the factory, he would be denied the benefit of CENVATramizginwalarediffmail.comhttp: //mobhunter.blogspot.comhttp://ga mes4urmachine.blogspot.com...Cenvat credit are the rules which means credit is required to be taken immediately on receipt of inputs
Posted in
Personal Finance & Tax by
param24
at
4:52 PM on September 02, 2007
Registration of each premises as Input Service Distributor was the only way Cenvat credit of the input services received by the other locations despite the fact that the assessee has centralized from the one centralized location of the assessee and for the purpose of availing Cenvat credit at its centralized location against the input services received at its other location....Well, An office
Posted in
Personal Finance & Tax by Dev Raj
at
2:48 AM on October 09, 2008
...420...522...ITS NEAR TO NIZAMUDDING AND BEFORE A LODHI GARDEN.....u should take 26 route which will drop u at ahead of IHC...760...pagal khane ki...delhi mai metro bhi chal rahi usse se ghum lo...502, 501...carthe one that staright 2 my houselets rock baby...madam short cut batau to auto kar lo...If you are coming from ISBT Kashmere Gate then i would suggest you to take Delhi Metro till Pragati Maidan from
Posted in
Delhi by perizaad
at
9:37 PM on December 28, 2007
. In the case of HSS , the cargo in freight CIF value for calculation of duty is taken to be the HSS value. There is a practice followed in customs that in case the HSS transfer takes place at import invoice buyer. However, the customs can call for the original import invoice, in which case the HSS seller may have to part with this information. To overcome this, HSS seller should take on the responsibility
Posted in
Personal Finance & Tax by
yash hill
at
6:10 PM on October 23, 2008
on which CENVAT credits can be taken and distributes such credits to its units providing taxable services or manufacturing excisable goods. The distribution of credit is subject to the conditions that,- a exempted goods or exclusively providing exempted services shall not be distributed. An input service distributor is required under section 69 of the Act, read with notification no.26/2005-ST to take a
Posted in
Exams, Education & References by Anonymous
at
9:16 PM on October 26, 2012
16. Cigarette prices to go up. Excise duty on buses & chassis cut from 16 to 12. Anti-AIDS drug totally exempt from excise. CENVAT reduced from 16 to 14 on all goods. Excise on coconut water & distribution. Risk capital fund in SIDBI. To take manufacturing growth rate to double digits. Capital goods growth still healthy at 20.2. Debt waiver scheme to be completed by June 2008.Rescheduled
Posted in
Personal Finance & Tax by rahul kumar
at
5:23 PM on March 12, 2008
