Anonymous
04 March 2014 at 16:52

Ed on fixed assets

whether excise duty is to be paid while purchase of new asset..please provide the entry and explain how to avail cenvat credit.


ABDUL RAHEEM MD

can cenvat credit on the purchase of lubricating oils be availed by the manufacturer ?



Anonymous

Presently we have registration under excise as a propitiatory firm. On 01.04.14 one Pvt. Ltd. company will take over this firm. so how we will deal with the closing stock of Raw material or Finish Goods as on 31.03.14 in the excise books of the Private limited company.



Anonymous
01 March 2014 at 13:10

Cvd & sad

Hello

We are an merchant exporter. We purchased imported goods from mumbai and sold to Nigeria. We have paid 12 % CVD & 4 % SAD to local supplier in mumbai.
Now we have to claim for this CVD & SAD.
Please let me know the procedure and Formalities.
kavita


Ritesh choudhary
01 March 2014 at 12:24

Duty debited twice for supp. bill

Dear Sir,

Good Morning,


I want to know whether is it possible to recover the excise duty paid twice on supp. bill if yes please explain.


Thanks & Regards

Ritesh


s.sreedevi
28 February 2014 at 13:33

Cenvat

1.Shall we take cenvat credit for discount purchase.

Say for example we buy the materials with 100% discount, the bill has been made by the seller with material amount with ED 12.36% and deducted in bill as 100% discount of material amount.

In this scenario, how can we take cenvat credit.

2. We purchased the machinery spare and used it as a attachment of machinery. what percentage of cenvat credit we have to take?

Is it to be classified as machinery or machinery spare parts?

with regards
S.SREEDEVI



Anonymous
28 February 2014 at 12:11

First stage dealer

Who is first stage dealer in excise ?

Pls explain it with suitable example


Hemant Bhandari
28 February 2014 at 11:45

Clearance of goods to sfis license holder.

A manufacturer is engaged in the manufacture of dutiable goods and cenvat credit on duty paid inputs are availed.
They want to supply goods to SFIS License Holder (at duty exempted rate) as per notification No.34/2006 Dt.14-06-2006, whether they have to reverse 6% on clerances as per Rule 6 of Cenvat Credit.

Please guide.
Thanks


Suhas Deshmukh
28 February 2014 at 10:56

Cenvat credit

Dear All

As per my knowledge we can avail cenvat credit against Tax Invoice/Excise Invoice marked as "Duplicate for Transporter" or "Original for Buyer".

One of our supplier has marked his invoice as "Duplicate" instead of "Duplicate for Transporter". Can we avail credit against this document?

Please guide



Anonymous
28 February 2014 at 10:55

Query for central excise dealer

sir,
i am purchase product from manufacture and selling product to my costumer. manufacturer take excise duty from me now how i can take excise duty from my costumer without providing detail of manufacturer. and sir what other tax i have take from my costumer when i am selling product out side of my state.






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