I am manufacturer and supply goods to exporter against form "H". I do not charge either vat nor excise.
What is the process as per rule 19 to claim exemption under excise duty.
any document to be collected from exporter?
anything else need to be taken care in such transactions?
I NEED A ADVICE ON CENTRAL EXCISE RULE.
I HAVE ONE SMALL MANUFACTURING UNIT IN KOLKATA HAVING TURNOVER OF 5 CROES AND EXICE REGISTERED . I HAVE SET UP A NEW BIGGER FACTORY 40 KM FAR FROM EXISTING UNIT.
I HAVE ALREADY TAKEN REGISTRATION OF NEW FACTORY. FEW MACHINE HAVE ALSO BEEN PURCHASED AT THE NEW FACTORY.
I WANT TO SHIFT MACHINE, RAW MATERIAL, GOODS IN PROCESS AND FINISHED GOODS FROM THE OLD FACTORY TO THE NEW UNIT.
SHOULD I HAVE TO PAY EXCISE DUTY ON ALL THE ITEMS TO BE SHIFTED FROM OLD UNIT.OR ALL THE ITEMS CAN BE SENT TO NEW UNIT WITHOUT PAYING ANY EXICE DUTY(REMOVED AS SUCH)
PLEASE CLARIFY THE PROCEDURE. DO I HAVE TAKE PERMISSION FROM AC OF OLD UNIT OR SIMPLE LETTER OF INFORMATION WILL DO.
M.L.AGARWAL
91 9330454545
I m a mnufacturer & exporter. I also sell some finished goods to a 100% exporter agst. Form H. All the goods despatch from my permises to relevant port with that exporting firm's invoice.
In such case please guide me that exice duty will be imposed on my firm or not??
can any one tell me the way of treating the paid excise duty,education and higher education cess paid to the supplier and at the same time if it is collected from the buyer...please eloberate your answer with the
way they should be treated in books of accounts and the amt to be remitted to govt..hope i have a quick reply..thank you in advance
1. Contracted price for delivery at buyer’s premises: ` 8,00,000. which included the following: (i). cost of drawings and design ` 4,000; (ii). Cost of primary packing ` 8,000 ; (iii). Cost of packing at buyer’s request ` 10,000; sales tax 28,000 and excise duty 12.36%; (iv). Octroi ` 2500; freight and insurance charges paid from factory to warehouse ` 20,000; (v). actual freight and insurance from place of removal(warehouse ) to buyer’s premises ` 45,600 Find Assessable Value
2. Tej Ltd. cleared 5 lakh biscuit packets each bearing a retail price of `20. Due to delay in transportation, the quality was affected and the goods had to be sold in public auction at Rs 10 per pack. The goods are notified under section 4A and Abatement rate is 35%. Find out the assessable value.
3. Calculate the assessable value from the following information: Total production 3000 units; sold 750 units @ 200 per unit and 950 units @ 190 and 150 units were distributed as free samples. The prices above are excluding taxes.
Solve this problems plz
which stap and procedure requre for take credit of excise on sales return invoice.
sir indirect tax is a scoring paper but some problem iam cannot understand to excise duty sir.so please tips to excise duty sir
thank you.
my mail id: cssathishkumar007@gmail
Can anyone explain the following terms in easy understandable way:
Continental Shelf,
Exclusive Economic Zone,
Special Economic Zone,
100% EOU,
12 nautical mile, 150 nautical mile, 200 nautical mile.
Dear All,
One of My Supplier Issued bill with rate difference. So he Issued another Supplementary invoice for difference value. Excise duties also shown in Supplementary invoice.The First bill duties we already taken as input.
For that supplementary invoice, The duty of Cenvat Can be take or not. Pls give the suggestion reg this.
if suppose a company issues a Excise Invoice on removal of Invoice. and on next day he realised that he has raised invoice wrongly, and they make new fresh invoice with same sr no. and replace the wrong one,can there be any issue or litigation, if yes please advise
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Supply to exporter without charging duty