The real profits of the business lie in the availment and utilization of CENVAT Credit. As it leads to profits for business on the other hands it leads to loss of revenue to the government. The deterrent provisions for levy of interest and penalties are prescribed in these Rules for wrong availment and utilization of Cenvat credit. The revenue authorities usually rely on the records of assessee. It is, therefore, incumbent on assessees to be conservative and cautious while availing benefits under Cenvat Scheme.
The topics to be covered under the session are:
- Availment & utilization
- Reversal mechanism on exempted turnover
- Distribution mechanism of credit by ISD
- Consequences of wrongful availment
- Tax planning techniques
This is a detailed weekend program and will include 8 sessions of 1.5 hours each.
Session fee – Rs. 2500/-
Session date to be announced soon
Speaker – CA Raman Singla
Enroll for the Course fast. Limited Seats.