https://www.taxtmi.com/news?id=24 Amendments to the CENVAT Credit Rules, 2004 permit credit of Secondary and Higher Education Cess on inputs and capital goods usable only for education cesses; require prescribed invoice particulars for credit with supervisory discretion to allow credit when certain particulars are missing but goods/services are received and accounted for; allow assessees to rectify returns within a limited period; and mandate reversal of credit for inputs and goods where a product or service becomes exempt or the assessee opts for full conditional exemption, while excluding reversal of input service credit in those cases. en-us Wed, 28 Feb 2007 18:39:00 +0530 Sat, 23 Oct 2010 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24 Amendments to the CENVAT Credit Rules, 2004 permit credit of Secondary and Higher Education Cess on inputs and capital goods usable only for education cesses; require prescribed invoice particulars for credit with supervisory discretion to allow credit when certain particulars are missing but goods/services are received and accounted for; allow assessees to rectify returns within a limited period; and mandate reversal of credit for inputs and goods where a product or service becomes exempt or the assessee opts for full conditional exemption, while excluding reversal of input service credit in those cases. News - Wed, 28 Feb 2007 18:39:00 +0530 https://www.taxtmi.com/news?id=24