We sale material, from that material party reject some material and issue debit note, & send us debit note, rejection letter & part 1 copy ( which shown debited credit of rejected material) now can we take credit of rejected material shown in their debit note & also in part I?

Ours is a newly established SSI unit,

We have procured Plant and Machinery under Capital Goods ,

Iam told the CENVAT credit can availed upto only 50% in the current financial year and rest in subsequent year , which also to be reflected in the ER1 return.

But our consultant says SSI units can avail 100% credit in the first year only .
.( 6/2010 dt.27-02-2010 second / third proviso to Rule 4(2)(a) as inserted w.e.f 1-4-2010 )

Iam not sure pl guide me with GO copy

Thanks & Regards !
VR Manohar
9866577671

how will I made a entry of excise in tally

Dear Sir,

If price difference takes place against purchase of excisable goods, then excise is applicable for such price difference ?

DEAR SIR

HOW TO TAKE BENEFIT OF EXPORT IF EXPORT DONE AGAINST CT1 TO EXPORT HOUSE
ANY BENEFIT AGAINST CHAPTER 4 ???? CHAPTER 5 OF FOREIGN TRADE POLICY

Dear Expert,

After Online filing of ER-1 or ER-3 , can documents submited to excise department for acknowledgement,

if No ... So give me a notification regarding this case,

reply urgent

Regards

Hi.. Can somebody update me about recent changes regarding excise returns. I mean, what are the excise returns that are no longer required to be filed.

Basic limit for exemption is 1.5 cr also we need to apply for registration once we reach the turnover of 90 lac. I am into a business of trading and manufacturing of portable structure cabins so If I have a manufacturing of just 40 lacs throughout the year and 1.3lacs is coming from the trading of portable structures, Do I Still need to obtain excise certificate?

SIR
PLEASE TELL ME WHEN SHIFTING OF FACTORY FROM ONE PLACE TO ANOTHER STOCK OF OLD FACTORY IS TRANSFERD TO NEW FACTORY WHETHER EXCISE DUTY IS APLLICABLE ON THE SUCH GOODS TRANSFERD (MANUFACTURING UNIT)

Dear Professional Colleague,

What is the time limit for submission of Proof of Export,?
What kind of Document need to Submit along with POE?
Is exporter need to follow up with excise dept for getting acceptance of Proof after submission of proof of export?