The Central Board of Excise and Customs (CBEC) vide Notification No. 18/2015-Central Excise (N.T.) dated 6th July, 2015 has specified the conditions, safeguards and procedures for issue of invoices, preserving records in electronic form and authentication of records and invoices by using digital signatures. The conditions, safeguards and procedures prescribed by CBEC are as under:- … Continue reading Conditions, safeguards and procedures for issue of invoices, preserving records in electronic form and authentication of records and invoices by using digital signatures
Month: July 2015
CENVAT CREDIT ALLOWED FOR VARIOUS INPUT SERVICES
BRIEF FACTS The Appellant [M/s HCL Technologies Ltd] is inter alia engaged in providing taxable service of Information Technology Service, Maintenance & Repair Service, Technical testing & Analysis Service and Business Support Service and also making export of services. The Appellant is availing facility of Cenvat Credit. For the period October 2011 to December 2011, … Continue reading CENVAT CREDIT ALLOWED FOR VARIOUS INPUT SERVICES
CENVAT CREDIT ADMISSIBLE EVEN IF INPUTS ARE DISCARDED DURING MANUFACTURING PROCESS- SUPREME COURT
FACTS OF THE CASE M/s Asahi India Safety Glass Ltd. (AISG) is inter alia engaged in manufacturing of Toughened (Tempered) and Laminated Safety Glasses for Automobiles falling under Chapter Heading No. 7004.10 and 7004.20 of the Central Excise Tariff Act, 1985. For manufacturing of final product, AISG was getting float glasses as the main raw … Continue reading CENVAT CREDIT ADMISSIBLE EVEN IF INPUTS ARE DISCARDED DURING MANUFACTURING PROCESS- SUPREME COURT
Common registration under Rule 9 of Central Excise Rules, 2002 can be issued where two or more premises are actually part of the same factory (where processes are interlinked), but are segregated by public road, canal, or railway-line. When two plants even though separated by a public road have to be treated as one factory as their operations are interlinked the Cenvat Credit of capital goods used in the co-generation power plant, Cenvat Credit of Service Tax paid on installation, erection and commissioning of machine, plant, repair and maintenance of plant, etc. would be allowed.
A. BRIEF FACTS A.1 The Appellant in their factory at Deoband, District Saharanpur manufacture sugar and molasses chargeable to Central Excise Duty. On the other side of the road just opposite sugar mills of the Appellant, there is co-generation power plant which generated power by burning bagasse generated by sugar mill in the course of … Continue reading Common registration under Rule 9 of Central Excise Rules, 2002 can be issued where two or more premises are actually part of the same factory (where processes are interlinked), but are segregated by public road, canal, or railway-line. When two plants even though separated by a public road have to be treated as one factory as their operations are interlinked the Cenvat Credit of capital goods used in the co-generation power plant, Cenvat Credit of Service Tax paid on installation, erection and commissioning of machine, plant, repair and maintenance of plant, etc. would be allowed.
Circular 185/4/2015-Service Tax dated June 30, 2015_Detailed Manual Scrutiny of Service Tax Returns
The Central Board of Central Excise (“CBEC”) vide the captioned Circular dated June 30, 2015 has issued guidelines for Manual Scrutiny of Service Tax Return ST-3 applicable w.e.f August 01, 2015. BACKGROUND CBEC vide Circular dated April 23, 2009 had laid down the procedure for carrying out detailed scrutiny of returns and had circulated a … Continue reading Circular 185/4/2015-Service Tax dated June 30, 2015_Detailed Manual Scrutiny of Service Tax Returns
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