Respected Experts! I want to know the consequences of not filling Quaterly return of Central Excise

suppose I purchase goods for RS.50 lac and pay excise duty of RS.625000. Goods of value of RS.10 lac are still in my factory. then whether I can take CR. of RS.625000 or RS.500000. whether the answer will remain same I'm vat. Also tell me what is one to one correlation Plz reply plz reply .

Sir,

I have a manufacturing unit and it's TO going to cross 150 laks now 130 laks. So, I have to register central excise now. 3 months back, I have purchased a machine costing 60 laks and paid duty also.

Here, can I get avail Cenvat credit on that machine (capital goods) after getting Excise registration number.

Kindly advice.

Learned Members,

I am filing Excise NIL return for quarter ended on Sep. 2016 for Dealer who is registered in July 2016. No Excise bill was raised (But Commercial bills were raised) BUT PURCHASES WERE MADE BY DEALER.

CAN RETURN BE FILED WITHOUT MENTIONING DETAILS OF PURCHASES AND OTHER COMMERCIAL SALE BILLS.

Because after clicking NIL return check box, all the fields of return becomes inactive.

Kindly answer asap.

Assembling 4 diifferent retail products in 1 kit and selling it as a kit. Does this reassembling activity amounts to manufacture ?

Early response is highly appreciated please revert soon with relevant explanation of section and case studies if any.

Thanks in advance.

SIR

PLEASE LET ME KNOW WHEN & WHERE EXCISE TAX & RETURN TO BE SUBMITTED WHAT IS THE LAST DATE OF BOTH,



THANKS

MUKESH K SABRI

Hi,
I saw a query answered here stating that we can add port as branch while applying for IE code. (Thank god I found it, or it would have taken time & effort to modification... info is scarce online, when it comes to IE code)
I can see add branch but how to fill all the address details for port...
Kindly help me in this regard

Hello,

Please help to understand the assessable value. in following 2 scenario.

1. Under 1.5cr Limit (Excise is not charged )
Material Value: 50000 (includes excise amount)
VAT: 2500
Total (502500)

2. Once 1.5Cr Limit is crossed
Material Value (40000) (Excise amount is not include)
Excise value (10000) (Excise amount, taken round figure )
VAT 2500
Total 502500.

When I will file the ruturn in both scenario what value I will fill in the assessable value part.

Dear Sir,



I want to excise limit of trader of duplex board(used for making carton).



Thanks & Regards,
Rajni

I have filed my E.R.1 without mention of Notification Number.

How can I rectify the same. whether any penalty will be arise for same.