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CENVAT
Blue Star seeks CENVAT exemption for ACs in BudgetDemanding CENVAT exemption for 5-star and inverter ACs, a top official of Blue Star said such a move will help people shift to eco-friendly...03 Feb, 2016, 04.45 PM IST- Budget 2013: AIIFA proposes deemed credit of duty on steel scrap for availing CENVAT creditThe All India Induction Furnaces Association (AIIFA) has proposed deemed credit of duty on steel scrap for availing CENVAT credit for consi...04 Feb, 2013, 03.46 PM IST
- Budget 2011: ASSOCHAM recommends rationalization of excise duty rate of APILevy of excise duty @10% (plus 3% cess) on the inputs (active pharmaceutical ingredients or API) whereas the output is taxed @4% (plus 3% c...08 Feb, 2011, 04.12 PM IST
- No Cenvat credit on excise-duty exempted broken bottles: CBECThe manufacturers of bottled beverages will no more be able to retain the Cenvat credit or the tax set-off paid on inputs, claimed on broke...11 Jul, 2010, 01.53 PM IST
- Cos to pay interest on incorrect Cenvat creditCompanies will have to bear interest on any cenvat credit wrongly taken even if it is not utilised, according to the Central Board of Excis...05 Sep, 2009, 04.11 AM IST
- CBEC allows cos to carry forward Cenvat creditA Central Board of Excise & Customs circular, clears the air on utilisation of Cenvat credit and is expected to lead to saving of crores of...03 Feb, 2009, 03.47 AM IST
- Show-cause to Airtel, Vodafone on Cenvat violationsBharti Airtel and Vodafone have been issued show-cause notices by the service tax department for alleged non-payment of service tax. These ...29 Apr, 2008, 04.30 AM IST
- Centre finetunes Cenvat rules for manufacturing, service cosManufacturers and service providers will now be liable to pay duty if capital goods, on which Cenvat credit has been taken, are removed aft...16 Nov, 2007, 03.21 AM IST
- Tax to be paid if CGs sold after taking cenvat creditManufacturers and service providers will now be liable to pay duty if capital goods (CGs) on which cenvat credit has been taken are removed...15 Nov, 2007, 03.33 AM IST
- Service providers hit by 4% CVD on importsThe Budget 2007-08 has kept the countervailing duty (CVD) on imports in lieu of state Vat not Cenvatable against service tax liability.07 Mar, 2007, 02.26 AM IST
- It’s time to rethink excise exemptionsBharat Sanchar Nigam Ltd’s decision to evaluate its purchase options, adjusting price for available cenvat credit, has thrown a host of sma...19 Feb, 2007, 04.09 AM IST
- Cos can claim service tax on mobiles as CenvatCompanies can now claim the service tax they pay on cellphones as Central value-added tax (Cenvat) credit.14 Sep, 2006, 01.30 AM IST
- MoF on Cenvat credit trail, asks 4,000 firms for detailsThe Finance Ministry has decided to scrutinise Cenvat credit offtake by companies in these sectors to check misuse.24 Oct, 2004, 10.01 PM IST
- FM proposes new tax regime for textilesWith a view to prepare the textiles sector for the post-quota regime, the Government today introduced a series of measures including making...08 Jul, 2004, 03.35 PM IST
- NK Singh panel moots excise exemption for SSIThe high-powered NK Singh Committee on textiles is understood to have favoured excise duty exemption to the "genuinely disadvantaged" secto...02 Jan, 2003, 09.04 PM IST
- Ficci submits suggestions to finmin to modify Cenvat rulesTHE Federation of Indian Chambers of Commerce and Industry has submitted a six-point strategy to the finance ministry to modify Cenvat rule...31 Dec, 2001, 02.42 PM IST
- Govt plans abolishing AEDTHE GOVERNMENT is considering merging Additional Excise Duty (AED), currently levied on sugar, tobacco and textiles, into Central excise or...27 Nov, 2001, 10.53 PM IST
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