https://www.taxtmi.com/article/detailed?id=6036 Proposals to harmonise Customs valuation with Income Tax transfer pricing (including mutual recognition of APAs), and to clarify and restore CENVAT credit rules: amend definitions of inputs/input services, reintroduce or clarify Rule 6(5)/6(3A), remove the six month claim restriction, correct Rule 3(7)(b) misalignment, enable refunds of accumulated credit, permit export/re export of inputs/capital goods without arbitrary reversals, allow inter unit transfers where concessional import rules apply, and simplify reverse charge, intermediary definitions, Advance Rulings, returns and permissions to reduce litigation and compliance burden. en-us Mon, 02 Feb 2015 12:21:55 +0530 Mon, 02 Feb 2015 12:21:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6036 Proposals to harmonise Customs valuation with Income Tax transfer pricing (including mutual recognition of APAs), and to clarify and restore CENVAT credit rules: amend definitions of inputs/input services, reintroduce or clarify Rule 6(5)/6(3A), remove the six month claim restriction, correct Rule 3(7)(b) misalignment, enable refunds of accumulated credit, permit export/re export of inputs/capital goods without arbitrary reversals, allow inter unit transfers where concessional import rules apply, and simplify reverse charge, intermediary definitions, Advance Rulings, returns and permissions to reduce litigation and compliance burden. Articles Budget - Tax Proposals Mon, 02 Feb 2015 12:21:55 +0530 https://www.taxtmi.com/article/detailed?id=6036