Accounting treatment of CENVAT refund notification no 187/6/2015

Accounting treatment of CENVAT refund notification no 187/6/2015 In order to support the survival of exporter of services in international market and for the growth Indian economy, the Central Board of Excise and Custom department has provided the facility of refund of CENVAT credit under rule 5 of CENVAT credit rules, 2004.

MVAT- Administrative Relief to developers if combining fee paid

MVAT- Administrative Relief to developers if combining fee paid The Taxation of Developer was material of the Court proceedings. Hon’ble Supreme Court of India upheld the constitutional validity of the modification to section 2(24) of the Maharashtra Value Added Tax Act, 2002. As a result developers became at risk of pay tax below geographic region […]