Just a moment...

Top
Help
AI Drafter

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID :

Notiifcation no 12/2015-CENT dt. 30-04-2015

Guest

Dear Sir,

As per notiifcation no 12/2015 CE (NT) dt.30.04.2015, whether we can utilized the balance of Education cess and She.cess credit availed on inputs lying before 01.03.2015 for payment of Basic Excise duty i.e. 12.5%,Please explain.thanks and regards.

Education cess credit utilization restricted: only credits taken on or after the notified date may pay basic excise duty. Credits of Education Cess and Secondary and Higher Education Cess availed before 01.03.2015 cannot be utilised for payment of basic excise duty; only cenvat credits of those cesses taken on or after 01.03.2015 may be applied to discharge basic excise liability pursuant to Notification No. 12/2015-CE (NT). (AI Summary)
answers
Sort by
+ Add A New Reply
Hide
PAWAN KUMAR on May 7, 2015

Dear Sir,

No, it can not be utilized. The Cenvat taken on or after 01.03.2015 of Ed.Cess 2% and Secondary Higher Education Cess 1% can be utilized for payment of duty of excise as per the recent notification 12/2015-CE (NT) Dated 30.04.2015.

DR.MARIAPPAN GOVINDARAJAN on May 7, 2015

The views of Pawan Kumar is correct.

+ Add A New Reply
Hide
Recent Issues