Dear Gurus , we are a growing trading company for engineering items . We represent manufacturers who sells to us with excise paid invoice . Our query as follows :- 1. Can we as dealer pass on that excise to the final consumers ? 2. Is there any risk of knowing our purchase price by end consumer . Many thanks .

what is Excise Form ER-6 and how to maintained it.

Dear All,

We have two manufacturing units within West Bengal. Both the units are registered with Central Excise. Our product applies specific duty as per notification 1/2011 which is presently 2%. We are not eligible for Cenvat credit. If we want transfer our finished product from one unit to another unit for storing and sale from there end. How can we do this?
Pls help, this is urgent.

Our Company is registered under Excise and Vat. We have paid excise/ Vat on our sales booked in earlier month.
But now our customer (who is not registered under Excise / Vat)wants to return the goods.
Now -
1) Can we take the credit of these sales return from Non Excise dealer???
2) Can we take credit of Vat on Sales Return from Unregistered dealer???

And also please advice the documents required for taking credit of Excise and Vat.

Greeting All of you,

Our PLA deposit amt showing difference values in ledger books and ER 1 returns. (A/c Ledger showing big value against ER 1 return.) Before my previous persons jumble the amounts. Can i get correct amt of deposit in website? Other wise what i do?

Kindly help me in this regard.

Regards
M.RamKumar
ramkumar.mathurthi@gmail.com

I have a query regarding one of my client which is a Private Limited Co. that, he is holding excise registration number. Previously they were using rented premises where the registration was obtained. In the said premises he was having material in hand which is raw material & Finished goods which is manufactured from the raw material & now they are shifting the premises so as per the CBEC rules we have to obtain new registration number for the said premises.

I have to inform you that there is a CENVAT Credit lying in the accounts of the older number. We need to transfer the CENVAT credit to the new number & new premises.

We have been informed by their excise consultant that, we need to maintain 2 sets of books for the date of closure of old units & starting of the new units.

Please advise me, what is correct method to be followed in excise rules to avail & Continue with the CENVAT Credit they have in the books for the old registration number & to be carried forward to the new number. And whether we have to maintain two sets of Books of Account for Old number & New Number?

If we have common inputs which would be used in dutiable and exempted goods, and the proportion of usage of inputs in dutiable goods is 75-80%, but separate storage location & books could not be maintained for exempted goods, can we avail cenvat credit pertaining to usage in dutiable goods (we only know what is the quantity issued to exempted goods with out any batch wise control).

Also would like to know whether maintaining track in ERP system for receipt and issues mean separate records?

we supplied a some material to customer but the rate charge for it is less. Our consultant told us that issue the supplymentiry excise invoice and charge remaining amount in that. my question is that whether we can issue debit note in this situation instead of supplymentory invoice and can show excise duty on it. Please clear my doubt.

if a co. purchased capital goods on 23.05.2009 , say Rs. 500000 & ex.duty is 83000. for unit-1.
Now, Unit 1 is closed on december 2012 and they have transferred the same capital goods on 15.12.2013. in depreciated value with prevailing exduty rate.
My question is:
1) is it correct procedure? ?
2) if not, how can it be done? ??

DEAR SIR,
WE HAVE OPERATING MANUFACTURING UNIT,OUR TURNOVER IS FIVE CRORE.WE FILED ONLY ER--1.RETURN MONTHLY ONLY.WE HAVE NOT FILED ER-6 RETURN ANY YEAR LONG TIME,PLEASE ADVICE ME WHAT IS ER-6 RETURN.IS IT MANDATORY.

PLEASE ADVICE ME IS ANY OTHER RETURN FILE TO EXCISE DEPTT.EXCEPT ER-1 RETURN.