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It is very often that the Tribunals & Courts while deciding tax disputes considers various provisions of allied laws like Law of Limitation, Foreign Exchange Management Act, 1999 & Indian Evidence Act, 1872 etc. Therefore while practicing and presenting the case before authorities, Tribunals the Advocates & Chartered Accountants need to have knowledge on various provisions of allied laws. In this article I am highlighting some of provisions of Limitation Act which are very much relevant to...

The Cenvat credit rules 2004 enable a manufacturer under central excise to avail the credit on "Input Services" which are used directly or indirectly in relation to the manufacture of the final products and clearance of the same from the place of removal. A large proportion of the services consumed by manufacturers, therefore, would now be an input service. Similarly, the service provider is eligible for the CENVAT credit on the inputs and capital goods used for providing the output...

Cenvat Credit scheme is designed to avoid cascading effects but it has been seen over a period that the government has been diluting the basic philosophy of the rule by introducing many arbitrary restrictions. This has been done to augment revenue without increasing the tax rates. Paper writer has made an attempt to analyse the restrictions and raise some possibilities as under:  

1. Partially using motor vehicle for renting: Motor vehicles falling under chapter heading 8704...

Rebate: The provision to claim rebate is governed by Rule 18 of the Central Excise Rules,  

2001. As per the Rule, the rebate may be claimed for  

• Duty paid on inputs used in the manufacture of final products which are exported  
• Duty paid on final products which are exported  

An exporter may claim only one of the options out of two above.   

Generally second option is followed under which the manufacturer exporter can opt for rebate of excise duty paid on...