Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is cenvat credit expain it

Answer Posted / sanjeev kumar mahajan

i agree with the solution by mr. Ramkumar .. Nair. subject
to the one correction that "At the time of
selling his manufactured goods, he is liable to pay the
excise duty".Actully the manufacturer become liable to pay
immediately on the manufure of the final product not at the
time of sale of manufacure goods. Wallace floor mill CAse
and Bombay tyre international Ltd. (1983) case. Further
collection can be delayed till the sale of final good.
Reference of Articl 265 of constitution - for levy of
tax ...... Thus, practicly CCR can be utilized at the time
of sale of final good or provision of services. Conclusion
Mr. Ramkumar is otherwise correct. Keep it up. Regards....

Is This Answer Correct ?    22 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.

2111


I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?

2030


is a pvt ltd. comp. can give advance against salary to his director.

1939


how to generate H-form and procedure for generate?

3470


is WCT applicable one time? and what will be rate of WCT in UP State?

1852


I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.

2216


What is tha Central sales tax rate 2010 in andhrapradesh

3094


Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?

1899


DEFINATION OF LABOUR ACT?

2241


I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?

2157


What is the Procedure of Import & Export

2039


in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?

1951


IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

4487


sir, can you give me clarification briefly how to capitalized and which one capitalized

2087


What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?

2578