Anonymous
11 May 2013 at 13:00

Excise audit

Can any one how to do excise audit and its reconciliation??



Anonymous
10 May 2013 at 17:07

Quires

sir its a product of roofing sheet material


CA Sanjay Baheti
10 May 2013 at 13:46

Cenvat credit admissibility

My client being a manufacturer covered under excise as well as service tax also. the client is paying freight inwards both on Inputs as well as on Capital Goods. that is certain Freight inwards were paid in relation to acquisition/installation of Plant & Machinery.

It paid also service tax on freight inwards both on Inputs & Capital Goods.

Now query is whether cenvat credit can be claimed with regard to Service tax portion Paid on Freight inwards in relation to inputs/Capital Goods or not.


Abhishek Thakur
09 May 2013 at 17:24

Excise

Please Explain Me What is E.C.C and How it works in practice.


CA Karan Verma
09 May 2013 at 15:08

Ssi exemption

Sir,
Our Last F.Y. Turnover was below 400 Lakhs hence we can take the SSI Exemption but we have charged Excise Duty from some of the customers now we want to switch to the exemption.
So what is the possible wayout


CA Sanjay Baheti

One of my client being a Pvt Ltd.Co.engaged in manufacturing activities & also covered under Excise law.
that is the co. is availing Cenvat Credit on Inputs/input Services & also charging Excise duty on Finished Goods Sold respectively.

During the course of F.Y.2012-13 one consignment of Finished Goods returned by the customer.(i.e. sold in May,2012 & again returned in June,2012)due to rejection by quality deptt.

Now the query is how to account for such Transactions in Books of Account as well as Excise records (i.e. in RG1 & RG 23A PartII)specifically as to Excise duty portion like Basic 12%,EC 2% & HEC 1% respectively along with Value of Goods returned.


Mithilesh Maurya
08 May 2013 at 16:23

Freight

In Manufacturing Excise Invoice should we charge freight with include excise or not


Shamal
07 May 2013 at 12:47

Cancell ct1 bond

we are merchant exporter some goods from a vendor for export without payment of duty under ct1.
subsequently the export order was cancelled

we want to cancell ct 1 so what is the procedure of cancell ct1 bond.
we need letter formate or draft which duly endorsed by manufacturer and his range superintendent stating that the ct1 will not be used and sent to the exporter for cancellation.

please provide letter formate.

waiting for your valuable advice.

thanking you
regards
shamal


uttam
06 May 2013 at 11:15

Job work of scrap

Sir,
my unit is manufacturing of aluminium wire , I have purchase of aluminium scrap with duty paid and send to job work for processing of aluminium rod, after job work material received with rod fro m job worker than this rod issued to production. my query is how to show in excise books and how to show burning loss.Please help me.

Thanks
Uttam



Anonymous
04 May 2013 at 18:28

Excise registration

A company which export his goods through Marchant Exporter is required to take Excise Registration or not.

What change if company makes direct export.






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