gautam chauhan
29 November 2012 at 10:47

Cenvat cresit on staff bus purchased

whether staff bus purchased by company eligible as the capital goods and hence, 50% credit in first year and remaining in subsequent year?

plz assist me as per the ammendment in the definition of capital goods wef 1/4/2012.


R.DUTTA
29 November 2012 at 10:30

Excise invoice.

Dear experts,
We are manufacturing Co and taken Excise registration in the financial year 08-09.But we have taken some SERVICE tax credit against some Invoices which are belongs to 07-08 years.
Now the credit will be eligible or no. Please confirm the same.
Thanks and regards,
RD


CA. Naveen Jain
29 November 2012 at 10:00

Non registered under central excise

A Firm has not registered under Central Excise although its turnover was Rs 2 crore as on 31.03.2011 and 2.5 crore on 31.03.2012.

And in A.Y 2011.12 Audit Report the first CA has not point out this in his Audit Report.

Now the Client insisting me not to disclose in my audit report for 2012.13 as he was not aware of the provision of Central Excise.

Sir Pls suggest what are the remedies for this and If I do not disclose in my Audit Report then how can I safe guard myself


CA Kunjan - www.canaresh.com
28 November 2012 at 18:27

Refund of service tax on input services

regarding -
Indirect input services used for exports



Our client ltd. company is having almost 100% export sales since 30 years.

it uses several types of services including routine telephone, consultant's feees etc.


can it claim cenvat set off/refund ?

(it is registered under service tax as an importer of services).

its manufacturing a product which is having NIL excise duty.


I feel exporters must be reimbursed of their service tax under indirect tax regime.

Its not possible to get from service tax department as there is no one-to-one correlation for these expenses vis-a-vis export invoices.

Hence, can we claim from excise department?

awaiting some reply,
regards, mr.kunjan shah
www.nsc.in
9820750784




Anonymous
28 November 2012 at 14:21

Premise registration for excise

A plot contains, two buildings , in one of the building production activities are carried out that too in a shop floor, where all raw material and finished goods will be kept.

Is it possible to get the excise registration for specific shop floor in a building instead of getting whole plot registered under excise

There is a single road and single entry gate to the factory


SHARAD MADHUKAR SONAWANE
28 November 2012 at 12:24

Registration fee for excise duty.

Dear Sir,

Kindly tell me the registration fees of Excise duty in maharashtra state.


Girish
28 November 2012 at 10:02

Duty draw back

Please let me know as a 100% EOU unit how can i claim the duty drawback.
For your information would like to confirm that we avail cenvat credit on the indigenous procurement and we also sale goods in DTA within the limit prescribed in FTP. Now pls let me know what is the procedure and documents to be prepared to avail refund duty draw back


Ram kr.

Dear Experts,

We have removed export with payment of duty under rule18 of cex rule 2002 and claim excise duty from Department. we have also availing the export benefit like depb/drawback and focus product scheme under chapter 3 of foreign trade policy.

Can we avail all benefit simentaniously. Excise dept. raise a question that only one benefit is elegible for export. pl explain and provide any notification

thanks


deepali shukla
27 November 2012 at 15:29

Er-4 return

how to get figures from Profit and loss a/c of ER4 DEtails of expenditure i) details of input incld. packing material and component a) value of input on which cenvat credit availed
b) value of input on which cenvat credit not availed
c) value of raw material incld packing material as per profit and loss a/c

and is it necessary that a+b=c

pls explain on urgent basis


CA. Naveen Jain

Sir,

My client ABC CO. purchase Lubricant from XYZ Ltd and then repacked that product into his name and put his Trademark on the packing But ALSO MENTIONED THAT "MANUFACTURED BY XYZ LTD"

Pls suggest whether Excise is applicable on ABC Co. or not?






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