Mohd Mukim

Hi Sir, Would request to kindly make me understand the logic behind imposing the excise duty equal to import duty in case of goods cleared from SEZ to DTA assuming it as deemed import.



Anonymous

Can anyone tell me that
1. if first stage dealer purchase goods from the local manufacturer & sells the same to local ustomer, then how to take credit?
2. What will be the procedure of refund if the same is exported?


Smrity
12 December 2013 at 14:48

Assessable value

We are a trading company importing goods and selling into india.

We cannot charge excise duty, but we pass on to the customer. The rate charged to the customer is inclusive of margin.

Can anyone tell me what assassable value will be taken by the customer.


mohammed illiyas
12 December 2013 at 11:33

Export doubt

Hello Sir,

Im One Exporter..Im Export one Goods to another Country.. so Prepared Export Invoice Document and A.R.E-1.. Intimate Goods Rate and Handling & Forwarding Charges..But Im Take Only goods Value For Excise Duty Calculate... Why We take Goods Value Only Calculate For Excise Duty? not Considered Handling & Forwarding Charges...



Anonymous
12 December 2013 at 11:06

Rg-23part-11 manual compulsory or not

I want to know that mannul excise record maintain (RG1 & RG23 Part 1& 2) is complusory or not .Plz provide me notification if not complusory .Can we maintin computerised RG 1 & RG 23 Part 1& II. Plz Send me computerised notification for maintain excise record.




Anonymous
11 December 2013 at 18:33

Due date of excise for trading business.

Dear sir/madam

i m on a audit, and the entity is sole proprietor is in trading in nature paying excise.

i want to know in which form exise return will be filed and the due date for the same.

pls reply as early as possible.

Thanks


Meet Vekaria
11 December 2013 at 17:25

Related party arrangements

E Ltd sells goods to S Ltd. Issues invoice in name of S Ltd as per Rule 9. But dispatches goods to I Ltd. I Ltd again sells goods to S Ltd at higher price. Issues invoice only showing consolidated excise duty included in basic price. S Ltd books invoice of I Ltd (one with higher amount) and gets the goods. 1) Is there any violation in CENVAT claimed by S Ltd on the basis of I Ltd invoice? (Cenvat amount will be same in both invoices) 2. Is there any consequence, cuz all E, S & I are related.?


Ankit Saini
11 December 2013 at 17:19

Cenvat credit rule 6

Trading of Goods is specifically included in exempted services, The provision of cenvat credit rule 6 of cenvat credit rule 2004 will be attracted

it is applicable for domestic trading or also export trading

if we are getting foreign currency, sub rule 6(v) & 8 (a) & (b) of Cenvat Rule 6 will not be applied


Best Regards

kalyan



Anonymous
11 December 2013 at 16:14

Dealers

Sir,

I am so confusing in understanding about first stage dealers and second stage dealers in central excise and their roles. can any one teach me with some good example?

otherwise,it would also be helpful if anybody provides any link about it.

thanks in advance.eagerly waiting for reply..


Rajesh Chowdhary

I want to know that what is the limit of Excise Registration and after taking registration is there any exemption limit to raise sale invoice without excise duty. if yes, please explain





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query