Category Archives: Cenvat Credit

CVD on vessels imported by ship breaking units : CBEC issued Circular

By | February 3, 2016

Circular No.-1014/2/2016-CX Dated the 1st February, 2016 F. No. 6/14/2014-CX.I (Pt.) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Custom *********** New Delhi, dated the 1st February, 2016 To Principal Chief Commissioner/ Chief Commissioner / Principal Commissioner of Central Excise and Customs (All) Web-master,CBEC Madam/Sir, Subject: Inclusion of show… Read More »

Amendment in CENVAT Credit Rules 2004

By | February 2, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 01/2016 – Central Excise (N.T)  New Delhi, the 1st February, 2016 G.S.R.(E).-   In exercise of the powers conferred by Section 37 of the Central Excise Act, 1944 (1 of 1944), the… Read More »

Cenvat Credit available if imported through Authorized Courier

By | January 1, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)  Notification No. 27/2015 – Central Excise (N.T)  New Delhi, the 31st  December, 2015  G.S.R.    (E).-   In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government… Read More »

Automobile cess held as excise duty eligible for export rebate

By | November 29, 2015

Facts of the case The assessee, a manufacturer of motor cycles/two wheelers, and claimed refund of  Automobile Cess, Education Cess on Automobile Cess and Secondary and Higher Education Cess (for short SHE Cess) on Automobile Cess paid along with customs duty on the goods exported outside the country Revenue Contention  Duties of excise collected under the… Read More »

Cenvat Credit not allowed if on amount of Service charges recovered from employees

By | October 28, 2015

No cenvat credit should be allowed on amount attributable to service charges which was collected from its employees CESTAT, MUMBAI BENCH Castrol India Ltd. v. Commissioner of Central Excise, Raigad RAMESH NAIR, JUDICIAL MEMBER ORDER NO. A/1529/2015/SMB APPEAL NO. E/86150/2013-MUM. JUNE  15, 2015 Haren M. Gandhi, Manager Indirect Taxes for the Appellant. Ashutosh Nath, Asstt.… Read More »

Revised monetary limits for arrest in Central Excise and Service Tax

By | October 24, 2015

Circular No. 1010/17/2015-CX F. No. 96/54/2014-CX.1 Government of India Department of Revenue Central Board of Excise & Customs New Delhi New Delhi, the 23rd October, 2015 All Principal Chief/Chief Commissioners of Central Excise & Customs, All Principal Chief/Chief Commissioners of Central Excise, All Principal Chief/Chief Commissioners of Service Tax, All Principal Director/Directors General. Sir/Madam, Sub:… Read More »

Dealers of SIM cards can not take credit of service tax paid by telecom companies

By | October 14, 2015

Dealers of SIM Cards /Recharge vouchers cannot be regarded as  recipients of telecom services provided by telecom companies; hence, said dealers cannot take input service credit of service tax paid by telecom companies CESTAT, NEW DELHI BENCH Omar Agencies (Hutch) v. Commissioner of Central Excise, Allahabad JUSTICE G. RAGHURAM, PRESIDENT AND R.K. SINGH, TECHNICAL MEMBER… Read More »

CBEC allows Cenvat on ethanol cleared without payment of duty to Oil Companies

By | October 14, 2015

CENVAT CREDIT (FOURTH AMENDMENT) RULES, 2015 – AMENDMENT IN RULE 6 NOTIFICATION NO.21/2015-C.E. (N.T.), DATED 7-10-2015 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to… Read More »