Respected SIR,
Does it make any difference if stock of finished goods shown in RG-1 register varies from the stock of the same goods shown in balance sheet, if yes so and what are the consequences if the same if found by Excise Department.
For Example:
Stock Item In RG-1 In Balance sheet
Shoes 1000 Pairs 400 Pairs
Soles 500 Pairs 200 Pairs

Kindly solve

We are reseller. We tried to file quarterly excise return online. But not able to do online since we are having 50 to 60 invoices for 3 months. Before completing few invoices we are getting server error. How to file using excel sheet? Please clarify.

An importer is importing some material and paid custom duties and other duties.
And he sell the material without any processing on it, to the Indian manufacturer.
I want to ask whether the importer can claim input of any duty paid? And if he avail credit, how can he, whether he needs to get registered under excise?

When is the return to be filed by First stage dealer?
Can first stage dealer take input credit?
What records are to be mantained by first stage dealer?
Are rg 1,23a,23c etc necessary in case of first stage dealer?

Procedure for getting registration under excise for first stage dealer?
Is there any visit of inspector in excise?
Return to be submitted by first stage dealer?

Will u please inform what is procedure for rejection of material in case of Excise dealer.

What Mr. A (Excise dealer) sold material to mr. B (Excise dealer) & pass on Excise credit of material.

What is procedure when Mr. B reject material & send back to Mr. A.

What is procedure to be follow when by Mr. A & Mr. B. Further do they need to inform about rejection of material to Excise department.

Please help......

Sir,
Please help me to understand the calculation of Excise duty on sale of used capital goods/machinery say after 5 to 10 years.

Regards,
Rajesh Singhal

Dear Sir,

We have purchased some material from a exciseable unit. the material which is sold by them is the trading material for them ie that company donot manufacture that goods. Now we want to return the same material as it is defective goods.

Please inform us whether we can return the material as it is to the seller as purchase return being defective goods.

Secondly what is the treatment of excise duty and sales tax on purchase return.

INCASE ABC LTD IS EXCISE MANUFACTURER, NOW IT BUYS EXCISE RAW MATERIAL @ RS 10000/- AND PAY EXCISE DUTY FOR IT RS 1236/- TO SELLER (THEY HAVE NOT CLAIMED CENVAT CREDIT RS 1236/-)

(1) NOW IF IT SELLS THIS RAW MATERIAL @ RS 20000/- (ALL BOUGHT QUANTITY) TO XYZ LTD IN THIS CASE HOW MUCH EXCISE DUTY THEY HAVE TO CHARGE IN INVOICE AND HOW MUCH SHOULD THEY PAY (THEY HAVE DONE TRADING FOR THIS MATERIAL) – HOW TO SHOW THIS ITEM’S SALES DETAIL IN SALES INVOICE FOR ASSESABLE VALUE AND EXCISE VALLUE FOR REMOVE AS SUCH

(2) NOW IF IT SELLS THIS RAW MATERIAL @ RS 10000/- (ALL QUANTITY BOUGHT)HOW MUCH EXISE DUTY CHARGED IN INVOICE AND SHOULD PAY TO DEPARMENT. (NO CENVAT CREDIT CLAIMED FOR THIS MATERIAL IN TRADING) – HOW TO SHOW ASSESABLE VALUE AND EXCISE DETAILS IN EXCISE INVOICE

(3) NO IF IT SELLS (ALL BOUNGHT QUANTITY)WITHOUT COST AT ZERO PRICE HOW MUCH EXCISE DUTY CHARGED IN INVOICE AND HOW MUCH SHOULD DEPOSIT IN DEPT.(NO CENVAT TAKEN FOR THIS MATERIAL) HOW TO MENTIONED SALES DETAILS IN SALES INVOICE FOR ASSESSABLE VALUE AND EXCISE

NOW IN ALL ABOVE THREE CASES IF COMPANY HAS TAKEN CENVAT CREDIT RS 1236/- HOW MUCH EXCISE SHOULD CHARGED IN INVOICE AND HOW MUCH EXCISE SHOULD PAY TO DEPT.


PLEASE EXPALIN THE CONCEPT OF REMOVAL AS SUCH IN EXCISE FOR RAW MATERIAL AND CAPITAL GOODS BOTH

I am a brand owner. I purchase goods from various manufacturer/trader. I send packing material of my brand to them. They sell goods to me and in turn I sell to ultimate customer.

In this case only real manufacturer is liable to pay excise duty or I shall also be liable to pay exside duty on purchases.

Rajiv Agrawal