Dear Experts,
When can I raised F.O.C.(FREE OF COST) Invoice?
Please help regarding this subject.
Thanks and regards
RD
I am a 100% subsidiary of American company, am I eligible for SSI Exemption of 150 Lakhs. My turnover for previous year is 70 lakhs.
Sir,
A firm registered in Kerala giving job work in the premises of the manufacturer. Please tell me the nature of transaction comes under Job work or Supply of manpower service.
A company is paying service tax on manpwer supply as well as on GTA on reverse charge basis .The company has one branch and factory in same district in the same State.The raw material is received in the factory and after processing ,the finished goods is transferred to the branch in the same district after paying excise.Service tax is paid on freight inward and freight outward on all branches on reverse charge.Can the service tax paid on freight inward and freight outward on reverse charge basis in all branches be utilised to pay excise duty .Please clearify.Thanks in advance.Please explain with a simple and good example. AKEYGEE ACHARYA
Can exporter can claim the refund of excise duty paid by him on purchase of goods when his finish goods is not exciseable.
Dear Sir,
we have manufacturing unit (Proprietor Firm)now we have taken new place just beside the existing unit and constructed factory under the banner of a new Pvt ltd. company. We are planning to start commercial production from 1st April'14 in the new premises as well as want to close the manufacturing activity of the old unit but still want to use old unit premises & machinery for production of some specialized items against which Pvt ltd. will pay the rent to old unit (Firm).
Pls. confirm whether it is acceptable for excise point of view! If so then pls advice what kind of record to be maintain for the above situation.
Apart from that you are also requested to advice us how we will deal with closing (31.01.14) finished goods & Raw Material as we will close sales of existing unit as on 31.3.14.
Dear Sir,
We have manufacturing unit (Proprietor firm)and we have take new place just beside the above unit under Pvt ltd. entity (Commercial operation not started). Now we want to storage raw material in new place. what is the procedure under central excise act for availing the new premises as additional raw material storage for the existing manufacturing unit.
How to calculate the excise duty and cenvat credit with servicetax??? and how the cenvat credit is available while paying service tax please explain.
If any manufacturing co (sheet metal components) pay service tax on vastu services .will the company be capable of taking service tax input credit.
SIR,
WE ARE MANUFACTURER OF PVC PIPES & DRIP IRRIGATION SYSTEM. WE ARE AVAILING CREDIT ON PVC PIPES.DRIP IS EXEMPTED HENCE WE ARE NOT AVAILING CREDIT.SIR,WHILE SELLING OF DRIP IRRIGATION SYSTEM WE ARE SELLING 2" PVC PIPES ALONG WITH DRIP IRRIGATION SYSTEM. MY QUERY IS THAT, CAN WE TAKE REVERSAL OF CREDIT ON 2" PVC PIPE SOLD WITH DRIP IRRIGATION SYSTEM. WHETHER SEPRATE RECORD TO BE MAINTAIN FOR 2" PIPE WHICH ARE SOLD WITH DRIP IRRIGATION PIPE. PLEASE GUIDE
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
F.o.c invoice.