keshavan
12 October 2013 at 12:08

Epcg

sir,
vessel arrived in chennai on 10/10/2013
now i apply EPCG for DGFT, that license receive after 7 working days,

if after received the EPCG license can i use and clear my consignment on before BL Date

my BL 12.09.2013
epcg license date : 17.10.2013 supposed

can i clear by consignment with EPCG license


sudheer

DEAR SIR,
I WANT TO RECEIVE A NEW EPCG CERTIFICATE. COULD YOU TELL ME THE CALICULATION PART OF INVALIDATION WHEN CAPITAL GOODS PROCURED FROM DOMESTIC SUPPLIERS. SIR COULD YOU TELL ME WITH EXAMPLE (IF CIF VALUE IS 100).AND WHEN WE WILL SUBMIT INVALIDATION IN DGFT

THANKS & REGARDS
SUDHEER


Vinayak
11 October 2013 at 11:07

Tax on mrp?

how possible retailers goods sold below MRP price?


CA V M

CG by notification increased excise rate from 12% to 20%. The parliament session withdrew the above changes after 5 months and the rate was back to 12%.
A Relevant company paid excise as per increased rate of 20% for 5 months and certainly the company won't get refund for excess excise duty paid for 5 months. so my question is whether the company would get benefit as adjustment in payment later on in subsequent payments ?



Anonymous

Dear Expert,

my friend has purchased machines and paid excise and VAT for production of goods( Rubber products manufacturer), his factory is in mumbai, but he installed the machines in his uncle's unit which is located in Gujrat for production of Semi finished goods. and the semi finished goods transferred to his factory at mumbai for finish goods.
my question is whether he is eligible to take Canvat credit on machines purchased( capital goods)??? he is the owner of machines purchased. please reply , amount involvement is very high.



Anonymous
10 October 2013 at 12:41

Credit in central excise

Respected Sir / Madam,

Whether Credit in Central Excise Account can be Adjusted against Service Tax Liablity , Interest & Penalty of Past Years...



Also, If Show Cause is issued for payment of Service tax of past years (Goods Transport Agency) ..can the Assessee go for the Service Tax Scheme...



Anonymous
10 October 2013 at 11:52

Excise & vat invoice

Dear Sir
I am importer& supply our product
to two type of customer.
1.Excise registered manufactring unit
2 Trade Channel dealer ( Non excise regD)
pls advise whether i can generat/use two
type of invoice set
1 one for excise regd unit as per it prescribed format

2 other for Trade as Tax/retail invoice
prescribed in VAT
Thanks & Regards


k.pandey
10 October 2013 at 11:42

Cenvat

Dear Sir
I am importer of bearings & supply it to manufacturing unit. please suggest wheather i can pass on following duty component also to my maufactrere client as CENVAT(we both are excise registered)

1.Additional Duty (import) 4% Y/ N
2 Custom education cess 2% Y/N
3 cust.ces& Higher edu ces 1% Y/N
thanks & Regards


Mahadev Shivsharan
09 October 2013 at 23:15

Dealer rebate claim

dear sir, any excise dealer can get duty drawback / rebate claim against export of goods.



Anonymous
09 October 2013 at 18:31

Vegetable exports

Dear Sir,
I am just got Import Export Licence, now i want to start export vegetables to foreign countries.
Kindly tell me process of vegetable exports.






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