TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Guidelines for Proper Cenvat Credit Handling: Verify Documents, Reverse Credit for Sold Goods, Return Job Work in 180 Days</h1> The document provides guidelines on the appropriate handling of Cenvat credit for central excise. It advises verifying the originality and accuracy of Cenvat documents, ensuring receipt of inputs/capital goods, and using them for manufacturing dutiable products or taxable services. It mandates reversing credit for sold or removed goods and specifies payments for goods cleared at NIL duty rates. It also emphasizes the return of goods sent for job work within 180 days. The document warns against taking credit from ineligible documents, double claiming, or claiming depreciation simultaneously. It restricts full credit on capital goods in one year and disallows credit for unrelated services.
TaxTMI 
TaxTMI 
