DEAR EXPERTS,
MY UNCLE HAS DELAYED IN FILLING HIS ER-4, 5, 6 & 7 RETURNS IN THIS YEAR DUE TO FIRST TIME AND LACKING OF KNOWLEDGE. WHEREAS DEPARTMENT HAS ISSUED HIM A SHOW CAUSE NOTICE BY IMPOSING THE PENALTY OF RS. 5000/= FOR EACH DELAYED RETURN. TOTAL NO. OF DELAYED RETURNS ARE EIGHT. HENCE, PENALTY AMOUNT IS TOO MUCH.
HOW CAN IT BE SAVED OR MINIMIZED?
YOUR EARLY REPLY WILL HIGHLY BE APPRECIATED.
THANKS A LOT.
ASHUTOSH GARG.
Dear Experts
Please tell me that can an unit take refund of Excise duty after taking cenvat credit on Export of goods and what is the rules and procedure.
Dear Sirs
Good Evening
We have wrongly charged 12% Excise duty in our Invoice instead of 6% on Chapter Heading 30064000.
Kindly advice the procedure how to get the refund of Excess 6% paid to the Excise authority.
Regards
Amit Ku.Thakur
(M)09861189944
Sir
I want to know the full procedure of Excise duty pass on procedure kindly give me the detailed notes
kiran
Dear Friends,
Please let me know whether there is any time limit for dispatch of excisable goods after preparation of invoice. I heard that goods must be dispatched within 24 hours from the date of preparation of invoice. But haven't got any circular/notification/law reference behind the same. Please advice
Thanks and Regards,
Manoj
Dear Sir,
I want to know excise register maintain for raw material purchase.
Right now i maintain Input register of excise & we purchase scrap as our raw material.
Is there any other record maintain for raw material (scrap) purchase ?
Is there any annexure for raw material purchase (scrap) for ER-4 ?
Dear Sir,
A unit is engaged in manufacture of wires. Before removal the wires are inspected by the purchaser. Samples used for inspection (Testing) are not billed to the purchaser but retained as scrap. What procedure has to be adopted for showing the same in excise records i.e. how the quantity will be reduced in RG-1 for finished goods and increased in scrap of constituent raw material. Also guide if there will be any duty impact i.e reversal of credit, etc.
Thanks in Advance
A Mfg. Company has paid cenvat in Aug 2010 on a/c of import material outside india. But forgot to claim as input credit in RG Register. In Jan 2012 company took credit itself in its books. Kindly suggest is it possible?
One of my client manufacturing Exempted goods.
But he purchase raw material on which excise duty paid.
Meanwhile, the manufactured goods which are exempted are Exported.
Can he get the excise duty refund paid on raw material.
Thanks in Advance.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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