I am buyer (A Ltd), purchase goods from (B Ltd) on which excise is not applicale, only Vat is applicabe.
company B Ltd. Purchase Goods from C Ltd,. on company C Ltd. excise is applicabe.
now; company C ltd. directly send goods to A Ltd. . i have challan on which following details are mentioned
Buyer name; B Ltd
consignee name ; A ltd (availing modvat)

and B Ltd issue separate invoice to A ltd on which only vat is mentioned
I want to know on the basis of C ltd challan I (A LTD MANUFACTURER) can avail credit or not ????
plz reply me with reference to Rule .....

I crossed 1.5 cr turnover in jan 16 at that we take credit on stock & charge excise thereafter and at the year end we reverse the credit on closing stock. Now my question is that on feb months bill's debit note received on may 16 we can get the cenvat credit???

Thanks in Advance

If making of wheat glour from wheat is a manufacturing process, then why stirring of cream to obtain butter isn't a manufacturing process?? Also, painting of goods is not a manufacturing process. But what if someone paints a sign board on a piece of iron sheet, wouldn't it be regarded as manufacturing as per test used by Supreme Court?

If retailer of readymade garments set their on mrp label, is he liable to pay duty? example: on duty paid Jeans mrp with rs-1000/- he is selling with no discount now retailer want to set mrp of rs 2000/- and want give 40-50% diascont for better sale ? query is retailer liable to pay duty, retailer can do this for better sale?

Hi Respected experts please calrify my doubt reagrding valuation of jewellery for excise purpose Will the value of diamond be liable for excise duty in case of a diamond ring or only the gold portion will be liable for excise... please clarify the doubt thanks in advance

Dear Sir, we are 100% EOU Units. What is the procedure for credit taken on input raw material used in manufacture the finished product. Can we claim refund of duty such ?

If retailer of readymade garments set their on mrp label, is he liable to pay duty? example: on duty paid Jeans mrp with rs-1000/- he is selling with no discount now retailer want to set mrp of rs 2000/- and want give 40-50% diascont for better sale ? query is retailer liable to pay duty, retailer can do this for better sale?

Dear Sir, we are manufacturer of medical devices & we take a whole sale licence for selling products. the license is issue on another place which is on rent. we want to do export and buyer is asking some products but we are not manufacture of them. please suggest us it's most important for us that how can we sale the product. we are registered in Excise and other product the buyer is asking non excisable. can we combine them or not. please suggest us.

Hi all,

Our company has not availed CENVAT credit on capital goods which were purchased 30-09-2014, can we claim CENVAT credit as a whole in current year or eligible for balance 50% or not eligible to total CENVAT credit as it exceeds 6 months from the date of invoice?

Thanks and regards,
Vijay Mariyala

Dear Seniors, please tell me weather excise deptt. will conduct excise audit for every FY or is there any ceiling limit for the same, Regard Anil kumar