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    <title>AMENDMENTS AT A GLANCE IN CENVAT RULES IN 2015</title>
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    <description>Amendments permit Cenvat Credit on inputs and capital goods received at job-worker premises on direction of the manufacturer or service provider, extend the time to avail credit from six months to one year from invoice date, clarify return and movement rules between job workers including extended return period for capital goods, and modify recovery, utilization and penalty procedures by deeming monthly credits as taken on the month&#039;s last day and applying designated excise and finance provisions for recovery with interest.</description>
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    <pubDate>Mon, 30 Nov 2015 12:38:26 +0530</pubDate>
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      <description>Amendments permit Cenvat Credit on inputs and capital goods received at job-worker premises on direction of the manufacturer or service provider, extend the time to avail credit from six months to one year from invoice date, clarify return and movement rules between job workers including extended return period for capital goods, and modify recovery, utilization and penalty procedures by deeming monthly credits as taken on the month&#039;s last day and applying designated excise and finance provisions for recovery with interest.</description>
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