Sir,
We are a SSI unit registered with Excise since 2005 .Commenced new project in manufacturing of intermediate products.we have procured machinery in Nov14 for the same.The commercial production commenced in Nov'15.
Can we avail the cenvat credit in Jul'16 ?
As per Notification 21/2014 ce(nt),the time limit is applicable for Rule 4(1) and 4(7).These two rules talk about taking credit in respect of inputs and input services.
Rule 4 (2) talks about taking credit on capital goods. The above proviso prescribing time limit for taking credit is not inserted in rule 4(2). Therefore on capital goods the credit can be taken at any time but on the condition that the said capital goods should be received in the factory of manufacture.
Now the capital goods are received in the factory.
Kindly suggest that can we avail the input cenvat credit in Jul'16?

Thanks

Hello Experts,

B Pvt Ltd is proposed to be merged into A Pvt Ltd.
B Pvt. Ltd. is a Non EOU & A Pvt. Ltd. is a 100% EOU.
A Pvt. Ltd. proposes to take over entire business of the B Pvt. Ltd.
B Pvt. Ltd. is engaged into Manufacturing as well as Trading.
Can A Pvt Ltd (EOU) continue to undertake trading post merger?

Respected Sir/Mam,
My query is in relation to Filing of excise return whether in ER-1 or ER-3 when assesee is eligible to claim the SSI exemption (i.e having the turnover less than 400 Lakh in the previour year) but not availing such exemption. Whether assessee is required to file quarterly return in this case also or it shall have to file the return in form no ER-1.

Thank you.

Dear Expert,

We have Exported some Spare parts under LUT. Now Dept. is asking to reverse CENVAT availed under rule 3(5) for these spare parts As such export coz these were not used in manufacture of final product.

Kindly suggest your view and justification to reply.

Dear Expert

Kindly advise the procedure for shifting of premises under central excise which results in change of jurisdiction.

Also what are the timelines with in which this has to be complied?

Thanks in Advance

Regards
Sukumar

Dear Experts,
I want to know the Excise Duty liability on Export of excisable goods for free of charge to an Unrelated buyer (Price is the sole consideration), Eligibility of rebate if it is liable to duty with all relevant sections, rules and case laws.


Please help me to resolve this. Thanks in advance

Dear Sir / Madam

We are atomotive parts and bearing manufacturer.At present all goods are remove in DTA to OE customer only and there is no need to follow rule of MRP.But,some item are lying with us since 4 year which were produce against our one abroad customer.These item we have to remove to after market i.e trader in DTA.Please advice that which valuation procedure we have to follow.

Thanks,
Rajesh Dave.

Kindly suggest if Duty paid Sold goods are returned to factory with original excise invoice which are not amounting to reprocess or manufacturing so what is procedure in respect of following

1. How to take Cenvet credit
2. If goods are returned after 6 month so Cenvat can be taken
3. Need to show in RG or maintain separate register
4. How to show in ER1

Dear Expert

Pls let me know what is to be done further , if i have woengly taken credit and ER-1 is also filed , what to do to correct the books as well as ER-1 pls tell

Hello sir /madam... I have a doubt regarding definition of manufacture. A company (for suppose say X PVT LTD) is holding manufacturer registration with central excise. Main line of activity is fabrication. It accepts job works from other company. In that.,other company is to provide raw materials and the design based on which their finished product is to be.. This company engaging some man power for that fabrication process. My doubt is that whether this Job work comes under manufacture or not!!? This X company is not charging excise duty in its invoice raised on the other company... Not even service tax. As it is a supply of man power and it is covered under complete reverse charge mechanism. So service tax is not applicable. But please clarify me whether excise duty applicable or not.. Thanks in advance