Dear,
I need to understand the implication of supplementary invoice when issued against material transfer.
For eg: i have transferred goods worth 10000 to my depot on 1 jan after paying excise duty.On 5th jan, rates for those goods are revised. Now i need to issue supplementary invoice for revision in prices only.
Is it a legal practice in first Instance.Please guide.and if yes, Kindly tell the procedure for it
I am working with a Manufacturing private limited company which manufactured spices and other eatable products. Its turnover more than fifty crores. My question is excise is applicable or not, Please guide regarding this.
Sir,
We are having two seprate unit and both are EOU having common LOP.
We want to transfer finished goods from unit No II to Unit No I and its sale in DTA from unit No I. can we pay the duty as per Notfn 23/2003 i.e concessional rate of duty when both the unit are having common LOP and NEFP is also common.
Thanks
Amresh Kumar
We are impoter & trader We will pay basic custom duty +CVD+Cess+ Additional Duty.When we pass on the mod vat we pass CVD+Additional CVD.I need your help on when we pass modavat shall we pass education cess also which paid on CVD . Kindly Advice
Pls help me any circular for the same.
We are going to start our new factory. for that factory we had purchase exciable items such as pipe for pollution control, e.t.c we had not taken excise registration yet bcoz we plan to take registration when we will going to start production.My query is whether we can take credit of goods used later on when we take registration(i.e when production start)? as our excise registration is not there is seller excise invoices and even we had not apply for registration during purchase of material for construction. plz advice
Respected Sir,
One of my clients has lost the triplicate copy(PINK COPY) of A.R.E-1 which was of export under claim of rebate,now it has been lost by courier,so in this matter what the legal procedure we have to do with the excise department.pleas reply
THANKING U.
Sir,
What i do Wrong filling ER1 returns. and what is penalty amount audit time.
Dear sir
We have taken manuf Registration in 2008, but over site we have not started and not done any transactions as well as we have not surrendered by over sight.
now we came to understand and surrendered in 2013 , but dept rising issue on penalty of Rs.5000/month .
But we have not done any single activities on this Excise numbers.
can you help any provisions in laws to avoid to penalty.
guru
We are impoter & trader We will pay basic custom duty +CVD+Cess+ Additional Duty.When we pass on the mod vat we pass CVD+Additional CVD.I need your help on when we pass modavat shall we pass education cess also which paid on CVD . Kindly Advice
Pls help me any circular for the same.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Supplementary invoice against material transfer