My client has purchase goods for dealer who has purchase directly from manufacturer and that dealer has mention of my clients purchase bill about passing off MODVat credit directly form manufacturer to my client..

so, can my client take ModVat credit in this case

i filed a application for central excise registration in form a1 while filing i have selected the wrong jurisdiction (range) please tell me how to rectify it please reply immediately

We are taking benefit of SSI Notf. of excise and our turnover is under 1.50 cr at this time. We have purchased a machinery on which cenvat credit is available. Can we avail this cenvat credit in this time return and utilize it after crossing turnover of 1.50 Cr in this year or in the next year ( if taking benefit of SSI in next year also).

With Regards

Dear Sir,
I have a query about Exice registration,
one of our client having manufacturing unit of labels & stickers and annual turn over is about 1.5 crore annualy. do they need excise registration,the purchases are under vat (Karnatak) they hardly purchase exise products,Please kindly sujjest that excise registrationn is required.

Regards

Ningaraj

All the Respected Experts,

I have a doubt that whether Excise Duty is payable on the Discount received or not. Because, for one of our client when a purchase transaction is happened then they will pay Excise Duty and take the Excise Credit but as and when they receive credit note from the customer(from whom we purchse), no particular Excise Duty is paid,

Please reply about the above query as earlier as possible, because the above Discount Received is in lumpsum and the non-payment of Excise Duty will lead to further problems.

Sir,

We had purchased raw materials within India and paying excise duty. At the time of export we have prepared export documents along with ARE1. After exporting we have claim excise duty refund from excise authority. My question is can we claim DUTY DRAW BACK benefit also for exported goods. Please confirm sir

A person will import spark plug and put sticker of MRP & his contact details on it.

Whether it would be liable for excise?

If so whether there is any basic exmeptions or a turnover limit for applicability of excises

Do we need to apply for New Excise number amendment on Share purchase or asset purchase of company or amendment is required

Details me with the procedure??

can we take cenvat credit on Free of Cost Material received.

can we take Cenvat Credit on FOC Material Bill.


Please Cleared my Query...

from which date we have to calculate interest & penalty in excise,service taxes