Hi all
I raised the excise invoice and after 15 days in the same month due some reason the price has been reduced, now my query is in the credit note can i reduce / reverse the excise duty or leave as it is the original excise duty amount. And same query for VAT also. pls advise me.

Eg. original invoice Excisable value 1000/-
excise duty charged 125/-
Revised excisable value 800/-

respected all experts I want to know that any service provider can take cenvat credit of Excise duty lavilae on AC and furniture which is installed in office premises

Can we revise ER1 return under Central Excise Act?

I am a service provider. I have paid ₹ 100000 excise duty on building material used for construction of my office. Would I be able to adjust the excise duty paid with the service tax which I will charge while providing consultancy services to XYZ ltd.

Dear Sir,

If last date is sunday i.e 10 th, Is it anywhere mentioned that we can file the same on monday i.e 11th.

Pls reply me

Dear Sir,

Pls help me to provide the chapter id no of below material.

Heavy MS Scrap ( MS Tie Rod, Non usable Values etc).
Light MS Scrap (Such as MS Pipes, Sheets, Tins etc).

Kindly clarify whether i have to discharged excise duty while i am selling these in scrap as, we have not availed excise credit at the time of buying MS Tie Rod, Valve, Pipes, Sheet etc as these items are being procured from dealer who is not registered in excise.

Dear sir
We have IVD reagent company
We need to replace some if the kits
Please let me know the procedure for making invoice . This is free of cost. Kindly let me know what will be accounting treatment

Resp. Sir,

We are Manufacture Firm with Excise.
We have Purchased Raw Material from Dealer. (Excise Invoice)
There is some Shortage of material

Question: We would like to raise the Tax invoice to settle this shortage.

Q1. Do we require to give effect to EXCISE on a/c of short material received.

Example:

Supplier A/c Dr 100
Goods A/c Cr 80.00
Excise 12.5% Cr 12.50
VAT 5% Cr 04.50

(Being A/c debited for the 25 Kg short material received)

Please advise

Regards

we are manufacturing radyment garment.Take job work contract for made garment for other which is examt for us. my qus. is we have to mention in excise return & in rg -1 or not ,these job work. thanks in advance

Dear Sir,

We are MNC we charge freight (after excise duty)to our customer and pay transport charges to our transporter .

Suppose we collect form customer 10000/- and pay 5000/- to our transport (we pay GTA on Rs-5000/-)

In this case what we should do? we need to pay GTA on 15000/-or Excise duty on 10000/-

Please guide with circular no or case law.

Thanks & Regard
Sharad Jadhav