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    <title>Changes in Union Budget 2015-16 with respect to CENVAT Credit Rules,2004 and Service Tax Rules,1994</title>
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    <description>Amendments expand CENVAT Credit availability when inputs or capital goods are received at job-worker premises and allow movement between job workers subject to return conditions; time limits to avail credit and to return capital goods are extended. Credit under partial reverse charge may be claimed by the service receiver without linking to payment to the service provider. Reversal provisions now cover non-excisable goods and recovery includes wrongly availed but unused credit.</description>
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      <description>Amendments expand CENVAT Credit availability when inputs or capital goods are received at job-worker premises and allow movement between job workers subject to return conditions; time limits to avail credit and to return capital goods are extended. Credit under partial reverse charge may be claimed by the service receiver without linking to payment to the service provider. Reversal provisions now cover non-excisable goods and recovery includes wrongly availed but unused credit.</description>
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