I purchase 570 Pc of Poly Bag from supplier @ Rs. 5.44 per piece so it goes as below.
570 Pcs x Rs 5.44 = 3101

Supplier has charged
ED @ 10% on 3101 = Rs. 310
Cess on Ed @ 25 = Rs. 6
Sec. Edu Cess on Exise Duty @ 1% = Rs. 3
VAT @ 5% = 171

Total Bill Amount is Rs. 3591

-------------------------------------------

MY QUESTION IS, Can a supplier charge both excise duty and vat at the same time?

What Idea I have is, Excise duty is charged by manufacturer only and If manufacturer does so, he should not charge VAT?

If yes, in what conditions. Please elobrate it.

-------------------------------------------

A manufacturer should charge vat or excise duty or both in the following conditions?

A. If he sells the manufactured items in his own retail stores to retail customer directly?

B. If he sells the goods to traders?

RESPECTED SIR

CHAPTER HEADING NO IS 21012090

I HAVE TO SEND 200 GRAMS SAMPLE FOR TEST

TO LABORATORY

SIR

CAN I MADE EXCISE INVOICE AND I HAVE TO PAID EXCISE DUTY ON THIS MATERIAL

Dear sir/Mam,

My query goes as follows:

X Ltd is a manufacturer. It invoices to B Ltd (First stage dealer) as follows

Basic Value 200.00
Add: Excise @ 12.36% 24.72
Total 224.72

Now B ltd wants to bill to "C" at Rs.300

Option A of billing

Basic value 300.00
Add: Excise @ 12.36% 37.08
Total 337.08

Option B of billing

Basic Value 300.00
Add: Excise @12.36% 24.72(restricted to the amount paid to manufacturer)
Total 324.72

As i have read that a FSD can pass on the the CENVAT Credit to another person under the cover of invoice, so please suggest me what will be the correct procedure to issue invoice under excise.

hi
can anyone tell me which documents & Register should be maintain at office for a manufacture or Traders
please help me

Regards
Aman

Sir,

We are manufacturer of all type of fencing material & accessories, Our main inpur Raw material is Galvanise Wire. Some times Galvanise wire require to tie of our finished goods. So that we have to sold our raw material to the customer. In this case which rate of excise duty will be applicable, it will be on transaction value or we should go with input remove as such procedure under rule 3/4 of ccr 2004.

Please help me.

Thanks,

can you tell me the process for claiming rebate under rule 18

whether this amount is directly credited to bank account or receive a cheque

Friends:

In case of lubricants. MR.A who is owner of a brand name Suppose IDT. Now He give this brand name to Mr. B and Mr. C on royalty basis to use it for manufacturing of lubricant oil with a condition that the final product only to be sold to him.Turnover of Mr. B & Mr. C is Rs. 145 Lacs each.

Now my question is that is Mr. A, Mr. B and Mr. C are require to get their registration under excise law.

Please explain as soon as possible.

Regards:
CA Sandeep K Agrawal
Email: sacaj7@gmail.com

If there is mixed business of manufacturing, trading and export, how is the valuation of dutiable goods made? Suppose I manufacture goods worth 1 crore, out of which 50 lakh worth goods are sold in domestic market and remaining in export market. I also buy goods worth 50 lakh from other manufacturers/ dealers and without converting its shape or form sell as it is in a different packing goods worth 20 lakh in domestic market and 30 lakh in export market. The invoice raised combines both types of goods - manufactured and bought-out. How can I work out the value of dutiable goods under excise law and whether I should apply for registration or not. And what are the rules applicable in this case?

We are processing raw Glass.
Out of Raw glass we make specific size of glass as per customer requirement. For cutting and grinding we charge +7mm in each size.
My question is which quantity should recorded in Rg-1. Actual size supply to customer(produce) or Quantity charged in Inv included +7MM.
E.g.customer ordered 100 Sqm. however we charge 110 sqm. 10sqm is for cutting and grinding margin.

Pls advice.