Wednesday, May 10, 2017

Changes in definition of inputs, capital goods & input services

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As evident from revised draft, the definitions of the input goods, capital goods and input services have undergone a major change or let’s say, it has been simplified to the maximum extent possible. In the current laws, there are definitions containing specifications and restrictions to items and services on which cenvat can be taken or […]

May 10, 2017 at 09:40AM

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from admin

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