I want to know where we can get updated Tariff rates for all excise product.
I tried Using CBEC website, but the same is not updated with notifications, circulars.
For example, I know Excise duty on LED lights is 6%, however it still appears as 12%.
IS there any web site which provides updated Tariff Rates,
And which is the most easy -to-use yet updated ready reckonor for ascertaining Tariff?
If a manufacturer purchases some duty paid raw material during the year and keeps it in stock only without any processing or manufacturing then in the excise return is it required to state any CENVAT (tax paid on raw material purchase)? In such case NIL return is required or any particulars are required to be stated?
Dear Sir,
As per Notification No. 41/2004 CE (NT),after submission of Rebate Claim of Inputs used in mfg. of exported products, within 15 Days query memo shall ve issued and if No query Rebate Claim must sanctioned in time period of Two Months.
If Department had no issue Query Memo and not sanctioned Rebate Claim within time period of Two Months and Shaw-Cause issued after Three Months of Date of submitted Rebate Claim.
Pl. inform issued Shaw-Cause was legal or illegal? If ilegle, Pl. inform circular / Trade Notice or Department Clarification. Also inform can we demand interest on Late sanctioned Rebate Claim?
Thanks with Regards,
Narendra Shah
If a manufacture company export the goods to outside India & paid the duty on export goods & such duty paid on export goods is claimed under rebate for claim of duty on export, then whether such manufacture company can claim an input duty under duty drawback scheme or not.
Plz clear my doubts.
Hi sir,
Can any one tell me what is the process if CST Purchases are returned, we have to raise the invoice or any other process. kindly reply me
regards,
Pavan.
our company is doing job work to his parent company and it is taking benefit of SSI under notification no 08/2003 and not take any credit of excise on purchases. can you please give any idea to take credit of excise of RM and Fixed assets and taking benefit of job worker also.
Experts,
I am having trouble regarding finding out rate of duty in this particular situation, please help me out. The situation is as below:
Situation and Rate Of Duty are as follws:-
1.On the date of Manufacture 10%
2.On the date of Goods tran-
from factory to warehouse 12%
3.On the date of goods sold
to buyers from warehouse Goods Were
Exempt By
Notification
Also provide details of any relevant case laws and decisions made, any other provisions regarding the above.
Please reply ASAP.
hi
We bought a genset in the name company, that gen set we are installing at our MDs residency, whether we can avail the cenvat cr. please suggest
Query:
Dear Sir,
My query is,......
A manufacturing company is selling a product to its customer on 45 days credit. The customer at the time of supply of goods itself has asked for 90 days of credit stating the company can charge interest for balance 45 days and has asked for proforma invoice from the company.
So on the value of goods excise duty and sales tax is charged (Since customer belongs to different state CST is levied). on the arrived value, the company is calculating interest @12% for 45 days.
My question is whether on the interest component also sales tax and excise duty to be charged.
Kindly advise.
Please quote the relevant provision or the case law.
Thanks in anticipation.
Regards
Yogesh
hi
May i Know the Percentage of ED on Different Products
Thanks In advance
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Updated excise rates