My client is a trader who purchases goods from the manufacturer and sales them directly to the customers as per their requirements, he deals with multile products such as laptops, school stationery, cctv cameras etc.the business will still expand more and they would be dealing in some more additional products.
So my querry is, under which chapter , heading, subheading, description should be added for such kind of trader's registration
our manufacturing pvt. ltd. company based at Baroda , Gujarat. Management decided to transfer all raw material , finished goods and Machinery form Baroda gujarat to Andra pradesh. Note that Baroda unit is closed now. There is no change in company name or ownership. We have transfer all material , Fnished goods and machinery against form F. Now my question is reversal of cenvat credit is applicable in case of branch transfer ? and how can I reverse cenvat credit for capital goods, imported items and raw material. ?
HELLO
Can anybody tell me what is the provisions relating to Cenvat credit in respect of plant & machinery or any other capital goods in case of fresh unit not registered in excise act or as registered as SSI unit ?
suppose xyz pvt ltd. incorporated on 1.4.16 and imported machinery from china on 1.6.16 on which custom duty @4% charged of Rs. 100000 u/s 75 of custom tariff act . whether he can take cenvat of the said duty in books after getting registration in excise department. irrespective of turnover and whether he is eligible to utilise the same in next f.y. 17-18 or in future years when his production crosses 1.50 crore.
plz suggest what to do?
If the date of invoice is 29th march2016 And goods received by manufacturer is 9th april 2016 then what is the time limit for manufacturer to take cenvat credit on input goods ?
We are planning to open a depot of a leading company, and as per the conditions of company the billing would be done from our depot. My query is whether we would be required to obtain separate registration for excise as dealer or factory registration would be enough from where goods would be transferred to us.
Hi Sir,
Please help me on the following.
I am a ready made garments manufacturer on brand name or trade name of others.
I sold MRP having 1000 or more goods
I don't want cenvat credit
please help me on how much excise duty I need to pay
2%
or more and on that amount I need to add education cess
which return I need to file
Dear Sir,
ours is an ssi unit availing cenvat credit and paying full duty on goods manufactured.
can you tell me,1) if i can avail 100 percent credit on capital goods ?
2) Are oil, packing material, inserts, toolings are capital goods or inputs?
Kindly give the feedback.
Thanking you,
Rajendra M Ijare
we are manufacturing the dutiable goods and non dutiable goods (exempt) but we are not maintain separate books of accounts. we are not availing credit of exempted goods only avail dutiable goods credit but input credit of ISD and specific plant service tax is availed. how to reverse the availed Service tax credit and provide the procedure for such reversal.
Our company is a small excise manufacturing company. Previous year from F.Y.2014-2015, we have filed ER-1 & ER-6 for each month. But, for the coming financial year 2016-2017 for the month of April, 2016, we filed only ER-1, but system note that ER-6 not require to file. Please advise us it is final that ER-1 to be filed from April, 2016. Please advise it is alright or any new return to be filed against ER-6 for the month of April, 2016.
Dear Sir,
We are manufactures & we are exporting 50% of our production & 50% in domestic market.
Due to export our Cenvat Credit balance is increasing day by day.
Please advise if any procedure to get refund of our Cenvat Credit balance from Central Excise Department.
Regards
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
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Registration - excise