How much CENVAT credit can we take on Capital goods, 50% or 100% in the first year. Please reply with notification/amendment?
Dear Experts,
We are a SSI in Chennai, we have availed excise exemption under notification 8/2003 for the F.Y.2012-13 We are also having a SSI unit in Himachal pradesh where Excise is exempted under notification 49 & 50 dtd 10.06.2003 My query is are we eligible for excise exemption under notification 8/2003 as the turnover in Himachal pradesh unit exceeded Rs.4 crore, where as in Bangalore was Rs.1 crore in the P.Y.2011-12.
We have been awarded a construction project in chattisgarh. We are registered vat dealers in the state of Andhra Pradesh and are not registered in chattisgarh. We intend to buy equipment for the project worth 3 crores. The taxes applicable on this machinery are around 14.5%. While executing the work is there any provision to claim this tax as input. Ashok 9848022889.
Q. A)Sir, I want to know can we issue "C" form of 2 quarter in one "C" form consolidated or strictally not. we have to issue separately 'c' form for each quarter.
B)What value should written in "C" form Taxable value or Assailable value.
i am uday kumar working in 100% EOU
we are purchasing & Selling goods in DTA.
For that Do we Maintain RG-23 Register.For our Inputs & Finished Goods.
My client sales the furniture & its part thereof consisting metal & wood to College - University.
College has taken exemption under research & development for the payment of any duty.
In this case, can my client issue excisable invoice with 0% of excise duty rate?
If no, then whether he had to bear excise duty at his own?
Give me exemption notification number for the same.
if dealer buy the FG with payment of duty and he export the same how he can get Cenvat back
sir
1.my client is providing job work to a principal manufacturer who is excisable, but the principal manufacturer has not given any declaration to the excise department but he is paying excise what is the position of the job worker will he be liable for the prinicipal mnfr not declaring to the excise department
2.what has to be done by the jobworker in future to avoid this confusion
Dear Members,
I want a clarity on the Notification No.3/2004 Issued w.r.t. Central Excise.
My Query is;
1) Whether the said Notification is valid as of today..?
2) Any subsequent Notification is issued by the Excise department with reference to the said Notification.
Please revert for the above query.
Dear Experts,
My client is selling old plant & machinery which was bought in 1980 and new P & M bought in the recent years. My doubt is whether Excise duty is attracted on these two sales. If yes on what amount?
Its urgent please reply at the earliest
Thanking you.
Regards,
CA SHASHI KUMAR C G
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Cenvat on capital goods at 50% or 100%