1. CENVAT CREDIT

2. Basic Features Concept of Cenvat credit.
Landmarks – 1986, 1994 & 2004.
Cenvat Credit Rules, 2004.

3. Applicability
Manufacturers.
Service providers.

4. Certain terms. Input. Capital goods. Input Services.
Input Service Distributor.
First / Second stage dealer.

5. Cenvattable duties / taxes
Basic Excise Duty.
CVD.
NCCD.
Education CESS.
Addl. Duty of Customs – Sec. 3(5).
Service Tax and CESS thereon.

6. Utilisation and Restrictions on utilisation
Payment of Excise duty.
Payment of Service tax.
Other payments.
Cross utilisation.

7. Other conditions. Capital goods – 50 % restriction.
No to “having the cake and eating it too”
- Depreciation / Cenvat Credit.
Removal of inputs / capital goods
- the story “as such”.

8. Other conditions. Removal for job work. Write off.
Service Tax Credit - Pay and use.
Documents for availing credit.

9. Rule 6 Algebra.
Position upto
Position from

10. Rule 6. Protection to certain clearances. Protected Services.
Chandrapur Magnet Wires (P) Ltd Vs CCE.
1996 (81) ELT 3 SC
- Recent developments.

11. Certain common disputes…
Credit for mobile phone.
India Rayon Industries Ltd. Vs CCE
2006 (4) STR 79.
Credit for outdoor catering.
CCE Vs GTC Industries.
2008 – TIOL – 1634.

12. Certain common disputes…
Credit for outward transportation.
Recent LB decision and its impact.

13. THANKS