Dear seniors,
We had excise liability for the month of october but i have paid excise duty on 7/11/2016 pls tell me how much interest/penalty will be levied on this late payment of ED and for how many days,
Regards
Mukesh
Dear Sir,
Let us know, Can we use KKC cenvat credit taken on input services to pay excise duty payment?if yes. please provide Notification no or circular.
Regards,
Ketan Meher
We are selling machinery after its usage not as scrap or wastage . u/r 3 (5) of central excise act reversal calculated.
My doubt is while making sales invoice whether i need to charge excise duty. how to prepare the challan.
How to show this in central excise return since we are selling the machine after its usage. in excise return we have to show quantity manufactured and cleared.
Ours is a SSI unit and central excise is exempted up to 1.5 crores every year. This year in our first quarterly return we forgot to give notification no. The return is showing error in excise calculation and the return revision period of one month has lapsed. We request you to let us know the remedy for this.
Under excise valuation, What will be the AV of the good (notified under sec4A) if such good is distributed free to customer?
which form required to second stage dealer for excise return
Dear Sir,
We have to export goods to USA from India..but our letter of undertaking has been expired.
so we will have to charge excise and than claim for a rebate.
is there any rule that we can only charge rebate if we have balance in our PLA??
Please guide and help us
Hello All,
A Pvt. Ltd co. has factory in Non excisable Zone. It is enjoying excise duty holiday from last 5 years.
Now, as 5 years are completed of tax holiday it will be liable to pay excise.
My Query is
1. Can the co. take excise duty credit on capital goods which were purchased in tax holiday period.
2. What will be the conditions to avail the credit on such goods.
Please share the Section/Rule if any for such situation.
SIR
PLEASE LET ME KNOW HOW MANY BOOK MAINTAINED IN EXCISABLE UNIT , LIKE R.G1 , & OTHER
MUKESH K SABRI
Dear Sir
Would you help me in telling what is penalty delay in filling returns of Dealer /Import quaterly returns.
J.Richard
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Interest/penalty on delay in excise payment