https://www.taxtmi.com/article/detailed?id=190 The article explains Cenvat credit as a centralised input-tax credit scheme allowing manufacturers and service providers to claim specified duties, taxes and cesses on inputs, capital goods and services subject to rules limiting utilization (including capital-goods phasing and cess-specific use), with the claimant bearing the burden of proof. It stresses that procedural lapses or invoice-issuance from unregistered premises do not automatically defeat entitlement, that common-inputs need not have a one-to-one relationship with outputs, and that refund processing delays attract interest under the statute. en-us Fri, 10 Oct 2008 00:00:00 +0530 Thu, 10 Dec 2009 21:45:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=190 The article explains Cenvat credit as a centralised input-tax credit scheme allowing manufacturers and service providers to claim specified duties, taxes and cesses on inputs, capital goods and services subject to rules limiting utilization (including capital-goods phasing and cess-specific use), with the claimant bearing the burden of proof. It stresses that procedural lapses or invoice-issuance from unregistered premises do not automatically defeat entitlement, that common-inputs need not have a one-to-one relationship with outputs, and that refund processing delays attract interest under the statute. Articles Cenvat Credit Fri, 10 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=190