Rakesh Sharma
17 December 2014 at 17:02

Cenvat on capital goods (motor)

We have purchased a Motor Rs. 25200 falling under chapter 84 as replacement of damaged motor.

Our consultant advise us the following :-

1) We can take 50% cenvat credit by capatalised this motor.
2) We can not take cenvat credit if we show it as repair & maint.

What will be the audit's objection if we post the entries in both the situations.

Please advise us to remove this confusion.

Thanks.


Gajanan Patil
17 December 2014 at 12:44

Cenvat credit

can i get credit of machinary for use of exempt good production


DEVNATH TIWARI
16 December 2014 at 16:15

Sale turnover

how much sale amt can be apply excise duty



Anonymous

dear sir/madam

we need judgement copy of high court order in favor of assecee against rule no. 8(3)

Regards,
sanket sevak
gandhidham
mob- 09909960192



Anonymous

dear sir i WANTS TO KNOW HOW TO UTILISE THE CENVAT ON CAPITAL GOODS SUPPOSE A MATERIAL PURCHASE & CENVAT ON THE MATERIAL IS RS. 30000, WHAT WOULD BE THE IMPACT OF CENVAT ON BALANCE SHEET


manoj kumar joshi
15 December 2014 at 11:34

Modvat taken

Dear Sir/Madam

what is the diff between sold to party and ship to party.who take/availed the benefit of excise duty

Thanks and regards
Manoj joshi


Manikanta

Our client is a manufacturer. During the year he received some input services from third party.Can he Claim the Input Tax Credit on Such input services with out having Registration in Service Tax?



Anonymous
11 December 2014 at 11:32

Excise

difference between anti dumping duty,anti subsidy duty & protective duty



Anonymous
10 December 2014 at 16:51

For capital goods

Sir
we have purchase a capital goods from Company
'A' & we want to sale to 'B' Kindly give us suggestion we sale removed as such or in other ways because we have credit taken of 50% in current Fy. or if we sale or removed as such the same goods in which ratio we credit reversed from RG23C P-II.

Regards
Gautam


akshay
10 December 2014 at 08:19

Rule 21 of cce

As per rule 21 of CER remission of duty is available if its because of natural calamities ....at any time before removal .
My question is how we know about what amount of duty is to be claim for remission because we take the rate on the date of removal for the purpose of excise duty .for suppose lose coz of fire is on 2 .3.2014
....but the duty will be charged on later date when the goods will be removed from factory considering tat date duty .....






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