Just a moment...
We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>CENVAT credit amendment expands credit to input services and imposes monthly payment obligation with recovery for defaults.</h1> The amendment to rule 3 deletes the Explanation after the proviso to sub-rule (5B), extends sub-rule (5C) to include CENVAT credit on input services used in manufacture or production of goods, and inserts two explanations requiring payment of amounts under sub-rules (5), (5A), (5B) and (5C) by debiting CENVAT credit or otherwise by the fifth day of the following month (with a special March deadline), and providing for recovery under rule 14 where such payment is not made.