https://www.taxtmi.com/article/detailed?id=1617 The paper urges removal of excise duty on branded garments due to lack of input credit and market impact, creation of a refund mechanism for differences between input and finished goods duty to prevent Cenvat accumulation, opposition to expanding the excise net, and an increase in the SSI exemption threshold to reflect higher costs. It recommends raising the service tax threshold to parity with small manufacturer exemption, clarifying threshold computation relative to abatement and Point of Taxation treatment, allowing Cenvat credit for input services under abatement, expanding ACES filing features, prohibiting AG audits of private assessees, and enabling reverse-charge payment from legitimately availed Cenvat by amendment. en-us Mon, 05 Mar 2012 20:01:38 +0530 Mon, 05 Mar 2012 20:01:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1617 The paper urges removal of excise duty on branded garments due to lack of input credit and market impact, creation of a refund mechanism for differences between input and finished goods duty to prevent Cenvat accumulation, opposition to expanding the excise net, and an increase in the SSI exemption threshold to reflect higher costs. It recommends raising the service tax threshold to parity with small manufacturer exemption, clarifying threshold computation relative to abatement and Point of Taxation treatment, allowing Cenvat credit for input services under abatement, expanding ACES filing features, prohibiting AG audits of private assessees, and enabling reverse-charge payment from legitimately availed Cenvat by amendment. Articles Central Excise Mon, 05 Mar 2012 20:01:38 +0530 https://www.taxtmi.com/article/detailed?id=1617