Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Credit of eligible duties and taxes in respect of inputs held in stock to be allowed in certain situations

Section 169 - Draft-Bills-Reports - TRANSITIONAL PROVISIONS - Goods and Services Tax - Section 169 - 169. (1) A registered taxable person, who was not liable to be registered under the earlier law, or who was engaged in the manufacture of exempted go .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

all be entitled to take, in his electronic credit ledger, credit of eligible duties and taxes in respect of inputs held in stock and inputs contained in semi-finished or finished goods held in stock on the appointed day subject to the following condi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

on is eligible for input tax credit on such inputs under this Act; (iv) the said taxable person is in possession of invoice and/or other prescribed documents evidencing payment of duty under the earlier law in respect of such inputs; (v) such invoice .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

n, other than a manufacturer or a supplier of services, is not in possession of an invoice or any other documents evidencing payment of duty in respect of inputs, then such registered taxable person shall, subject to such conditions, limitations and .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

and section 170, section 171 and section 172, the expression eligible duties and taxes means- (i) the duty of excise specified in the First Schedule to the Central Excise Tariff Act, 1985(5 of 1986); (ii) the duty of excise specified in the Second S .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ble under section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957(58 of 1957); (v) the National Calamity Contingent Duty leviable under section 136 of the Finance Act, 2001(14 of 2001); (vi) the additional duty leviable u .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of the Finance Act, 1994 (32 of 1994);- in respect of inputs held in stock and inputs contained in semi-finished or finished goods held in stock on the appointed day. (CGST Law) (1) A registered taxable person, who was not liable to be registered und .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of inputs held in stock and inputs contained in semi-finished or finished goods held in stock on the appointed day subject to the following conditions: (i) such inputs and / or goods are used or intended to be used for making taxable supplies under .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version