credit availed on inputs

Russian translation: налоговая льгота, полученная на товары производственного назначения

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:credit availed on inputs
Russian translation:налоговая льгота, полученная на товары производственного назначения
Entered by: Oleg Nenashev

21:05 Feb 28, 2017
English to Russian translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: credit availed on inputs
CENVAT CREDIT: The price quoted by the tenderers should take into account the credit availed on inputs under the CENVAT Credit Rules, 2004. The tenderer should also state quantum set offs in respect of duties on inputs, that is being totally and unconditionally passed on to the purchaser, in the prices quoted per unit of the item.

Перевод:
Кредитование центрального НДС. Цена, заявленная участниками тендера, должна учитывать кредитование?? на приобретаемые материальные ценности согласно кредитных правил CENVAT от 2004 г. Участник тендера также должен указать объем компенсации?? в отношении пошлин на материальные ценности, которые полностью и безоговорочно передаются покупателю, в ценах, указанных в расчете на единицу товара.

Спасибо!
Jullietta
Local time: 02:25
налоговая льгота, полученная на товары производственного назначения
Explanation:
в контексте налогообложения вообще и центрального НДС (CENVAT) credit - это не кредит, а налоговая льгота
CENVAT CREDIT - льгота по центральному НДС

в контексте CENVAT Credit Rules, 2004 (Правил предоставления льгот по центральному НДС в редакции 2004 г.) inputs - это товары производственного назначения за исключением моторного топлива:
"input" means-
(i) all goods, except light diesel oil, high speed diesel oil and motor spirit, commonly known as
petrol, used in or in relation to the manufacture of final products whether directly or indirectly and
whether contained in the final product or not and includes lubricating oils, greases, cutting oils, coolants, accessories of the final products cleared along with the final product, goods used as paint, or as packing material, or as fuel, or for generation of electricity or steam used in or in relation to manufacture of final products or for any other purpose, within the factory of production;
(ii) all goods, except light diesel oil, high speed diesel oil, motor spirit, commonly known as petrol
and motor vehicles, used for providing any output service;

Explanation 1.- The light diesel oil, high speed diesel oil or motor spirit, commonly known as
petrol, shall not be treated as an input for any purpose whatsoever.

Explanation 2.- Input include goods used in the manufacture of capital goods which are further
used in the factory of the manufacturer;
http://finmin.nic.in/law/cenvatcreditrules2004.pdf

Товары производственного назначения - товары, предназначенные для продажи юридическим лицам и индивидуальным предпринимателям с целью их использования в хозяйственной деятельности.
К товарам производственного назначения относятся: технологическое оборудование, строительно-дорожная техника, транспортные машины общего пользования, топливно-сырьевые товары и т.п.
http://dic.academic.ru/dic.nsf/fin_enc/30474
tax credit
A reduction in the amount of taxes owed. For example, corporations are permitted a credit on U.S. taxes for taxes paid to foreign governments, and individuals could, for a number of years, claim a tax credit for a portion of expenditures for certain energy-saving home improvements. A tax credit is more valuable than a deduction of an equal amount because the credit results in a reduction in tax owed rather than a reduction in taxable income.
http://financial-dictionary.thefreedictionary.com/tax credit
Selected response from:

Oleg Nenashev
Russian Federation
Local time: 02:25
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4(налоговый) вычет
Clue
4налоговая льгота, полученная на товары производственного назначения
Oleg Nenashev


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
(налоговый) вычет


Explanation:
налоговый вычет по приобретенным товарам

Clue
Russian Federation
Local time: 02:25
Specializes in field
Native speaker of: Native in RussianRussian
PRO pts in category: 481

Peer comments on this answer (and responses from the answerer)
neutral  Oleg Nenashev: налоговый вычет - это tax deduction http://financial-dictionary.thefreedictionary.com/tax deduct...
20 hrs
  -> Нет
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21 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
налоговая льгота, полученная на товары производственного назначения


Explanation:
в контексте налогообложения вообще и центрального НДС (CENVAT) credit - это не кредит, а налоговая льгота
CENVAT CREDIT - льгота по центральному НДС

в контексте CENVAT Credit Rules, 2004 (Правил предоставления льгот по центральному НДС в редакции 2004 г.) inputs - это товары производственного назначения за исключением моторного топлива:
"input" means-
(i) all goods, except light diesel oil, high speed diesel oil and motor spirit, commonly known as
petrol, used in or in relation to the manufacture of final products whether directly or indirectly and
whether contained in the final product or not and includes lubricating oils, greases, cutting oils, coolants, accessories of the final products cleared along with the final product, goods used as paint, or as packing material, or as fuel, or for generation of electricity or steam used in or in relation to manufacture of final products or for any other purpose, within the factory of production;
(ii) all goods, except light diesel oil, high speed diesel oil, motor spirit, commonly known as petrol
and motor vehicles, used for providing any output service;

Explanation 1.- The light diesel oil, high speed diesel oil or motor spirit, commonly known as
petrol, shall not be treated as an input for any purpose whatsoever.

Explanation 2.- Input include goods used in the manufacture of capital goods which are further
used in the factory of the manufacturer;
http://finmin.nic.in/law/cenvatcreditrules2004.pdf

Товары производственного назначения - товары, предназначенные для продажи юридическим лицам и индивидуальным предпринимателям с целью их использования в хозяйственной деятельности.
К товарам производственного назначения относятся: технологическое оборудование, строительно-дорожная техника, транспортные машины общего пользования, топливно-сырьевые товары и т.п.
http://dic.academic.ru/dic.nsf/fin_enc/30474
tax credit
A reduction in the amount of taxes owed. For example, corporations are permitted a credit on U.S. taxes for taxes paid to foreign governments, and individuals could, for a number of years, claim a tax credit for a portion of expenditures for certain energy-saving home improvements. A tax credit is more valuable than a deduction of an equal amount because the credit results in a reduction in tax owed rather than a reduction in taxable income.
http://financial-dictionary.thefreedictionary.com/tax credit

Oleg Nenashev
Russian Federation
Local time: 02:25
Native speaker of: Russian
PRO pts in category: 67
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