Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Central Excise - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

CENVAT credit - If the shortages are within the tolerance limits ...


CENVAT Credit Allowed for Shortages Within Tolerance Limits Certified by Accountants; Challenges Deemed Unreasonable by Tax Authorities.

March 30, 2017

Case Laws     Central Excise     AT

CENVAT credit - If the shortages are within the tolerance limits fixed by an efficient management and certified to as within the norms by qualified accounting professionals, it would be unreasonable and unfair for tax authorities to take a different view - credit allowed - AT

View Source

 


 

You may also like:

  1. Denial of CENVAT credit - though the appellant has availed CENVAT credit belatedly which is well within the provisions of CENVAT Credit Rules, 2004 - credit allowed - AT

  2. Cenvat Credit - appellants are entitled for input service credit on real estate agent - Credit allowed - AT

  3. Denial of CENVAT Credit - Shortage of raw material - Marginal difference noticed - marginal variation due to weighment by different machines to be ignored if within...

  4. CENVAT credit - input service - Business Auxiliary Service relating to sales commission - credit allowed - AT

  5. Cenvat Credit - input services - Management Consultancy Services - nexus with manufacturing activity established - credit allowed - HC

  6. Cenvat Credit - input services - services of empty containers sent back to the yard - credit allowed - AT

  7. Denial of CENVAT CRedit - Nexus with manufacture - credit taken on supplementary invoices allowed - AT

  8. Eligibility for CENVAT credit – Renting of Car Parking Space - credit allowed - AT

  9. Cenvat Credit - Input Services - commission agent service - nexus with manufacturing - credit allowed - AT

  10. Cenvat Credit - Input services - export of goods - CHA service - rent-a-cab service - credit allowed - AT

  11. Cenvat credit - duty paying documents - debit note cum bills - duplicate copies of invoice - credit allowed - AT

  12. Refund of unutilized Cenvat credit - Other than Rule 5 of Cenvat Credit Rules, there is no other provision either in Cenvat Credit Rules, 2004 or in Central Excise...

  13. Denial of CENVAT Credit - Whether certain pollution control services availed by the appellant are eligible to CENVAT Credit under CENVAT Credit Rules 2004 - Held Yes,...

  14. CENVAT Credit - duty paying documents - Rule 9(1)(a) of Cenvat Credit Rules, 2004 - CENVAT Credit on the basis of photocopy of seven bills of entry - Credit allowed - AT

  15. The Tribunal allowed the appeal filed by the appellant and set aside the impugned order disallowing CENVAT credit taken on input services used in BTS (Base Transceiver...

 

Quick Updates:Latest Updates