Sir,
What will be the Jobwork cost (i.e.Processing Charges) when processor add up the raw material to the finished product he is processing?
is duty payable on the cost of raw material he is using to complete the process?
is duty payable on the cost of raw material he is using to complete the process but sold to the principle manufacturer whose product is exempted from duty?
Best Regards,
For Dhoot Transmission Pvt.Ltd.
Avinash V.Kulkarni
Manager-Excise(Corp.)
Dear Sir,
we(buyer) have returned the some excisable goods ( due to excess qty) to the manufacturer, who has already paid the excise duty at the time when goods were sold to us.
Now while returning the goods, the manufacturer is asking us to issue excise invoice to them, while we fall under SSI limit.
Is this excise invoice required to issue, while we fall under SSI?
If we issue excise invoice, we have to pay excise duty on the same, but as being SSI we are not taking Cenvat Credit?
Pls guide me how to handle this situation, so that there shall be no liability on us to pay excise duty while returning the goods?
Sir,
can u please provide a practical illustration on rule 3 (5A). Thanks in advance
can the credit of Paper cess(0.125%) be availed?
also can the credit of cess(3%)on paper cess(0.125%) be availed???
PLEASE REPLY ASAP. ITS VERY URGENT...
THANK YOU IN ADVANCE.
Dear Sir,
we are manufacturing automobile parts. can we take the service tax credit for payment of excise duty ?
can we show the service tax amount in ER-1.
pls suggest.
Regards,
Raj
Dear experts,
Suppose a person manufactures shirts by purchasing fabric and he also carries out the activity of branding and labelling in relation to shirts so manufactured by him with in the same factory. So his first activity is manufacture in normal meaning but whether his activity of branding & labelling will amount to manufacture under 2(f)(i) or 2(f)(ii) if there is section/chapter note in this regard and how will excise duty be determined in such case?
pls reply asap.
when finance bill is introduced in parliament , then if there is any increase in rate of excise, then it will be in effect from next day.
My question is that if later i.e on passing the finance bill if increase in excise rate is come to withdraw, then excise duty collected at provisional basis due to Provisional Collection of taxes act, 1931 will be refunded or not?
what is provision there?
Dear Sir/Mam,
I am working with mfg. co. We manufacture the Auto Parts. we sailing the auto parts. But some times Our buyer Reject our material.And they reject our material which already received buyer and they also reject our material which is our Warehouses.After rejection the material from buyer we are issue that material to our plant for reprocessing.
My query is what entry pass in our Excise records and how we maintain the FORM V register which is related to Rejected material.And how we make the entry in FORM V..
Please solve my Problem.
Thanks & Regards
Yogesh Kr. Rajput
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Service tax liability for m/c on rent/ lease/loan