Dear Experts,
One of My Friend want to start a manufacturing plant of Gypsum Board Now I want to know below Queries (Kindly reply me in your own words or simple words don’t copy paste from somewhere else)
1. Is there any turnover limit to Get Excise registration,
• If Yes then Kindly explain the Limit and till the time Limit not reaches Can we issue Normal Sales Invoice.
• If No Then Kindly Explain the Excise registration Process.
2. Kindly explain the Journal entry of Purchase of Machinery before or after starting the business with CENVAT Explanation.
Seeking your Prompt reply!
Thanks & Warm regards
we are a manufacturing unit and planning to outsource some of our process to a job worker. what is taxable for the job worker... excise or service tax. pls note the goods after job work is returned bck to mfg unit for sale. please advice on this
Dear Sir,
we purchase some capital goods and availed input tax. Used above goods for 5yrs and now we are going to sell that capital goods.
my query is whether we should charges excise duty on the above sale?
Hi friends,
My question is cenvat credit was wrongly taken in previous assessment years, but it come to known in current assessment year by audit of excise dept.
How can we treat the said issue, whether we 1) can reverse it with available cenvat credit in previous assessment years.
2) No cenvat credit available in previous assessment years but available in current assessment year.
3) need to pay in cash with interest.
pl let me know the rate of excise duty on as such sales of capital goods after 2 years
Dear Expert,
We are manufacturer of Excisable goods, my query is that we want to remove the goods from FGS to factory for reprocessing purpose so what is source documents are required as per Excise rule and notification.
Please tell me when we will remove the goods from FGS to factory for reprocessing we have to minus the stock from (RG-1) or not.
we h ave 10 people working in our factory. 4 draw salary above 15000. we are an ssi unit. we do not use power for manufacturing our products.pl clarrify whether esic is applicable for our unit.
Hello Friends
Greetings for the day.
Can a first stage dealer issue invoice inclusive of excise duty if the purchaser cannot take cenvat??(Purchaser is exempt from excise duty so he cannot take cenvat credit)
Thanks
An engineering company, have accumulated lot of CENVAT Credit, need answer to the two problems, they have little percentage of exports & deemed exports.
1. What are the legal remedies for obtaining the refund of CENVAT Credit (quickly also).
2. How to stop further accumulation of the CENVAT Credit.
3. Are deemed exports merit physical exports, if yes under which provision / case law.
Dear Experts,
Pls. send me Procedure Flow for DTA to SEZ Supply.
1. Bill of Export Filled by the SEZ Unit or DTA Unit if, DTA Unit Want to Claim of Duty Drawback.
Pls. send me link of FORMAT OF Bill of Export in Excel or you may send me on my mail ID, ghanshyam.ponkiya@gmail.com
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Turnover limit to get excise registration