Dear Sir,

As per the Excise ER4 return to be submitted who are crossing 1 crs Duty payment including PLA and CENVAT whether its correct if so what is the notification and related circular

Due date for submission of ER4 return

WE ARE MFG & EXPORTER OF PHARMA FORMULATIONS.
WE HAD AVAILED SERVICE TAX CREDIT
ON CHA CHARGES
LOADING & UNLOADING CHARGES
(CONTAINER CHGS) FOR GOODS EXPORTED TO PORT
IS PLACE OF REMOVAL
CONSIDERED AS FACTORY
OR PORT.
(WE HAVE AVAILED SERVICE TAX CREDIT IN CENTRAL EXCISE) (RG 23 BOOK)

Dear sir,

As per amended provisions of CENVAT Credit Reules, trading is not elegible for any CENVAT Credit.

In this context, a dealer who purchases goods in bulk and repack the same in his godown and affix RSP, thereafter sells it to constomers, whether this is trading or manufacture, so that the dealer can avail CENVAT.

Note:(the goods is ceramic tiles and the dealer purchse the same from outside state in wholesale)

Please resolve

Major Principal items of Transformer is Supplied by the Principal Manufacturer
&
Some Items are included by the Job Worker
& Manufacutre the transformer
&
then send it to Principal Manufacturer
whether excise duty is applicable on job worker
Whether job worker can availed 214/86 Exemption Notification
& If there is Service tax liable on Job worker already & already repair maintenance of transformer is done and its sales is approx.more then 1.5 crore then whether this sale is included in job work or not this is for ssi & non ssi

Format of all excise register in excel sheet

1)RG23A Part I - Account of inputs

2)RG23A Part II - Duty register for Cenvat Credit in relation to Inputs

3)RG23C Part I - Account of capital goods

4)RG23C Part II - Duty register for Cenvat Credit(Capital goods & Components)

5)Account of raw materials (Form IV)

6)Personal Ledger Account (PLA)

7)Duty Register (details of Cenvat payable and debit entries)

8)Checklist - Duty liability and Duty balances giving comprehensive information of credits on duty accounts and Central Excise duty payable

9)Removal Summary : summary of all clearances - monthly / yearly

10)ER.1, ER.4,ER.5,ER-6,ER.7, - Monthly or quarterly returns of excisable goods

11)Old Cenvat Monthly Return under Rule 7 for Inputs & Capital goods.

ITS URGENT...

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By mistake we had taken a cenvat credit in October 2012 towards the transporter copies of our vendor but in actual the material has not been received & transaction will never happened in future. In this case we have mistakenly taken excess credit. It has been cleared while reconciliation. Now haw can we reverse the credit? Is there any procedure to reverse the same. Also the accounting entry has not been passed in books as the tax invoice was not received. Please help us o

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rakesh

Respected Sir.
I am a ca final student .
Is valuation u/s 4A (Mrp based valuation) applicable if specified goods are sold to wholesalers .I am asking this because in one reference book it states as an example-if refrigerator manufacturer sells to wholesaler/dealer then Sec 4A is not applicable and valuation to be done at Transaction value.
It further sates that is refrigerator is directly sold to consumer then duty is payable on MRP less abatement.
plz help!!

I am a Manufacturer in textile Industry. I took Excise registration 2 month ago… at the time of registration I have registered only one product which is
exempt from excise duty.. During the 2 months period I purchased Exciseable inputs for production.

But now I also want to manufacture another item ,which is excisebale.. And for that I have applied for Amendment in registration requesting to department
to add one more commodity(which is excisable).

My problem is … (1) whether I can take CENVAT credit on my inputs… which is purchased during past two months (I get added excisable good after 2 month)?
(2) If ans. Of 1 is yes than how can I show it in ER 1 .. [As a rule (6) reversal or any other way]

we are registered dealer in excise and trading petro-chem products
our last year turnover was 10 Cr.
now we wants to start small process unit for petro chem products
do we need to take reg.for excise as manufacture