Anonymous
14 August 2014 at 16:11

Cenvat

Dear Professional, Please clarify the following case:

Basic excise duty credit can be utilized for payment of basic excise duty and education cess and secondary and higher education cess.


vipul

Dear Sir,

I would like to know,

(A)Is Duty applicable on Waste Corrugated Box Sales?

If, Duty is applicable on waste corrugated box sales, Pls. give me its Tariff code, Rate of Duty & C.E. Notification about waste corrugated Box Sales.

Kindly, do the needful.


Noufal.P

My Clint have a manufacturing company, they already taken an tender for sale on a fixed price per unit. But after some month excise liability realized and company paid excise duty on the bill amount by reverse calculation.
Eg. Bill amount as per tender 1,22,285.00
Vat 6,114.00
Total Bill 1,28,400.00
After Excise adjustment
Bill amount 1,08,834.00
Excise Duty 13,451.00
Vat 6,114.00
Total Bill(Same As Tender) 1,28,400.00
Problem is
Party not willing to take new bill with correction,and all return are filed
1. what Adjustment do in accounts ?
2. What are the effects in excise and VAT ?



Anonymous
13 August 2014 at 16:21

Depot differential duty

If our excise duty rate @10.30% in 2012-13 But our duty increase in March 2013 @12.36%.
So that my question is if we goods dispatched from factory to depot @10.30% in Fy-2012-13 but some region goods not sold in Fy-2012-13 we want sale the goods as on date know what rate of duty impose on this sale of pending goods 10.30 % or 12.36%? Kindly give us ur valuable suggestion
Thks & Rgds
Gautam



Anonymous
13 August 2014 at 15:06

Export of free gifts

Please let me know the procedure under excise for clearance of free gift along with the original material in same container.
Means do we need to take any additional permission for this Secondly, do we need to prepare Excise invoice and ARE-1 and Export invoices for Free item.


rgurucharan

Dear sir,

Applicability of Cenvat credit rules.

MSM pvt ltd (MSM) is not registered with central excise but registered with service tax.

MS watertech pvt ltd (MSW) - has become the division of MSM pvt ltd, and the company is not wound up.

MSW is registered with service tax and not registered with central excise.

Whether the cenvat credit of MSM can be adjusted with the Service tax payment of MSW?

with regards,
R. Gurucharan.


Guest
13 August 2014 at 11:23

Excise duty


a is the excise dealer and he pass on excise duty to other party by the way of invoice but he dont show excise amount in the
amount in bill his bill is shows excise amount included in cost on that he calculate vat will it do


yahya
13 August 2014 at 00:17

Exemption of excise duty on export

dear sir, I just wanted to knw the procedure for availing exemption of excise duty on exported goods,if excise duty is levied on the same goods if sold within the country. plz let me knw the procedure with applicable sections.


Guest
12 August 2014 at 23:20

Mantain excise in books of accounts

i have two compaines of one is excise dealer which purchase of material for b company which also under excise but as manufacturing unit

nw question is my company which is excise dealer purchase matierial to another company which is under excise as manufacturing unit

excise dealer company passes the duty to the company which under excise

is it necessary to show in the books of accounts of dealer excise dealer of excise duty which it passes to another company or can is pass the entry with amount of excise in cost and dont want to show the excise amount (escise ledjer in books ) can i do it



Anonymous
12 August 2014 at 18:23

Source document no. in er-1 return

Dear Sir,

Please tell me about Source Document no. in Excise Return ER-1.

Thank you

Thanks & Regard's
Saurabh Sharma





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