We are manufacturing fertiliser as well as Sulpuric Acid. We are paying duty @1% on fertiliser and no input credit is being availed On input for mfg. of fertiliser as per notification no 01/2011 dt 01.03.11.

However payment of 1% duty made from cenvat credit instead of cash as required under rule 3(4) cenvat credit rules 2004.

When noticed we started payment in cash from oct’2012 onwards.

Now the commissioner issued shocause notice mentioning that payment is illegal and liable for interest and penalty.

Kindly advise.

Dear Sir,
I would like to know how to claim refund where the client is aware that we are the manufacturer for the equipment wehereas we are the trader. We will be paying the excise to the orignal manufacturer as we are the client for them. so my question here is how to claim it from the end client ? Thanks and Regards,
Abhishek.

Plz Anyone can help me for basic knowledge of excise....??

what is RG23A A/c , RG23C A/c , PLA A/c ...??

The basic accounting Entry With RG23A A/c , RG23C A/c , PLA A/c And final entry in P&L A/C And Balance sheet ..........??

And Plz Also suggest how to do Audit of such documents ......!!!

HAMARE PASS EXCISE DEALER REGISTRATION HAI, HAMNE HAMARE CUSTOMER KO MATERIAL SALE KIYA THA AUR USKA EXCISE BHI PASS ON KIYA THA. LEKIN WO TRANSACTION LOSS ME GAYA THA. TO HAMNE PARTY SE REQUEST KI THI HAME RATE BADHAKE DO, TO UNOHNE HAME RATE CHANGE KARKE AMENDED PURCHASE ORDER BHEJE HAI. TO ABHI MUJHE YE JANANA HAI KI MATERIAL GAYA, EXCISE PASS ON HUA HAI. TO PAHALE JO PURCHASE ORDER THI AUR ABHI JO AMENDED PURCHASE ORDER KA RATE DIFFERANCE KE INVOICE MUJHE BANANE HAI TO HAI USKI INVOICE KAISI BANAYI JATI HAI USKA FORMAT MUJHE CHAHIYE THA

If after selling exciseable product out of state but not accepted by the party & stored in the godown in that state only & now after a span of 1 year the Company wants to sell the product to another buyer... Then what is the procedure...Is it compulsory to get the products at the factory or can we sell directly from that place??

Dear Experts,
I am working in a Manufacturing Co. We are taking cenvat credit on Input, Capital goods and Service tax.Kindly advice me what type of service we can take cenvat credit.
Thanks and regards,
R.D

Hello experts,

We have taken physical stock suppose on 31.12.12 , and that time we have found that there is difference in stock as per excise records & as per physical stock report........physical stock found short there........



So in want to know is there any kind compliane in excise which have to be done, OR what is the treatment in excise in said matter.........?????????

Dear Sir,

I am working with Service Provider cum Trader Unit. I have purchased Steels items with excise duty for trading.

Could i recover the excise duty ?

Please help me.

Please tell me how can i tally RG register and A/C ledger of excise.is there any format is available for reconciliation?. I have tried to reconcile same as Bank reconciliation but even if reconciliation is not matched.Pls give answer as soon as possible. thanks

Hi all
I want to know if SSI exemption is available to firm as well?if yes then is there any different provision?
2ndly if the goods are captively used to manufacture finished products that are exempt under any other notifications except E/N 8/2003 then shouldn't it be excluded always

lastly is there any specific method/provision for calculating 150lakhs exemption
Regards