Category: Central Value Added Tax (CENVAT) Credit

Amazon / Central Value Added Tax (CENVAT) Credit / Corporates / Foreign Direct Investment (FDI) / India / Investments / Tax evasion investigations / Tax Laws

DNA EXCLUSIVE: AMAZON UNDER SCANNER FOR OVER RS 200 CRORE TAX EVASION

Posted On: February 1, 2016

Amazon is also alleged to have taken the goods from manufacturers/traders at lower price and told them to compensate the difference by claiming Cenvat credit. However, nothing concrete has been found as yet to establish the said allegations. The probe is still underway. The Directorate General of Central Excise Intelligence… – Continue reading

Budget / Cellular Operators' Association of India (COAI) / Central Value Added Tax (CENVAT) Credit / Double Taxation / Fees / India / Royalties / Telecommunication Service / Withholding tax rules

COAI submits Budget recommendations to government

Posted On: January 18, 2016

The Cellular Operators’ Association of India (COAI) has submitted a budget recommendations to the government which include suggestions on central value added tax (CENVAT) Credit, deductibility of spectrum fees paid and tax withholding on distributors margin on sale of SIM cards and prepaid vouchers among many others. The recommendations said… – Continue reading

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