we are a regd.VAT dealer under state commercial tax deptt. we are buying certain excise duty paid product. we do not claim any MODVAT as we resell the goods to our interstate customer. Can we pass MODVAT credit available to us to that customer? we are not regd. under excise. our yearly T.O. is below Rs.50 lakhs.
is it necessary for us to be a regd.dealer with central excise to be able to pass MODVAT credit to our customer or we can do it simply being just a VAT dealer with Commercial Tax Deptt?
Dear Expert,
Company crossed turnover of Rs. 1.5 crore in March and we have prepared first bill of excise will starting Serial No 1. please answer the below
1) from which month we have to start file excise return ie. from March or date of registration.
2) in the next FY is it necessary to file the excise return till crossing the limit of turnover Rs. 1.5 Crore
Is there any compulsory need to maintain the ‘Annexure Challan’ and ‘Subsidairy Challan’ under Rule 4 (5)(a) of CENVAT Credit Rules 2004?
Dear Sir,
This month we are direct export to Indonesia
through ARE-1,Now we shall submit our excise return but without notification of direct export we can not submit our excise return,
plz tell me what is notification no of Direct Export.
Thanks
Pl.let me know about applicablity of Central Excise:-
We have manufacturing as well as trading.Pl.let me know whether trading turnover is also counted for threshold limit of Rs.1.50 crore.
Thanks,
S.M. Nalwaya
Dear Sir,
I am working in an EOU,We just Received a RM against PC from Harmec Medical Ireland.before give product to production room,we get our rm checked by QA,but during QA we found our rm is not well,we talked to our Vendor,they are ready for the replacement,so we file a permission regarding that in excise office(supdtt tech),but now they are providing us the permission with payment of duty,is they is any Notification for this ? can u tell me the solution as soon as possible ? n i told them circular 60/99 Cus. dated 10.9.1999.but they were not agreed,
Is solar Panel Manufacturing is Exempted from Excise Duty...?
Kindly Provide the notification reference.
Thanks in Advance.
explain me concept of pass on excise duty in excise with example
Thanks in advance
DUTY PAID MANUFACTURED ITEMS ARE SENT TO THIS DEPOT OWNED BY THE MANUFACTURER BUT HAVING A SEPARATE CENTRAL EXCISE REGISTRATION.THESE ITEMS ARE SOLD FROM HERE TO THE PRIMARY DEALERS.HOW TO FILL ER-1,ESPECIALLY COLUMNS"DETAILS OF CLEARANCE" LIKE OPENING BALANCE,QTY MANUFACTURED,QTY CLEARED,ASSESABLE VALUE,TYPE OF CLEARANCE.
NO FURTHER DUTY IS PAYABLE FROM THIS DEPOT,SINCE ALL DUTIES ARE PAID WHILE TRANSFERRING THE GOODS FROM MANUFACTURING UNIT.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Passing of modvat