Answer Posted / gurpreet kour
judge John Roberts from Long Beach IN
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What is the Difference between Excise & Cenvat
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If a Manufacturer pruchases a raw material from a second dealer without getting invoices for availing cenvat credit, obviously he has to pay the excise duty when he completed his manufacturing process. then this does not amount to taxing on tax? What is the remedy available for such manufacturer in availing cenvat credit without invoices?
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My father Mr. Prakash was working with SBM, Bangalore and had taken 2 Insurance policies on LIC- Under Salary Savings Scheme, 2 Insurance Policies on LIC under Accident Benefit Policy, 1 Insurance Policy on Bajaj Allianz under Accident Benefit and scheme and has received benefit of about 6 lakhs from Bank as Insurance amount on his death. He had nominated my step mother (second wife of my father) as nominee for all the above mentioned, and now she is refusing to share the benefit among us (my father had married her after my mother deceased , we are 3 children). Please suggest whether we get our share… do we have any rights on Insurance benefits??
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