Dear Sir/Ma'am,
Our company buys electronic goods from different manufacturing companies & sells them under its own brand. It DOES NOT PAY THE EXCISE DUTY in respect of those manufactured goods. Thereafter, when the goods are returned back as defective goods they are sent to a SERVICE CENTER OWNED BY OUR OWN COMPANY (& not the manufacturing company) where they are repaired & sent back to the dealers for selling them back in the market. In this respect kindly explain to me that :-
Will we be liable to pay excise duty on those goods which leaves our service station after being rectified ?
Can we take CENVAT credit in respect of those electrical products which comes inside our service station ?
Regards,
Sagnik Sanyal
company was sold machinery on guarantee contract basis, which mentioned that if sold machinery not operated well it will be replaced by another same machinery.
during the year in one sale transaction, sold machinery was not operated well and company has to replace it as per contract.
company already paid duty on original sale transaction. Now my question is that whether company is liable to pay duty on removal of goods for replacement of machinery.
when electricity generated by using furnace oil and which was used for manufacturing excisable goods and also for residential house, can duty paid on furnace oil available for cenvat credit.
Is it necessary for a retailer or wholesaler to prepare bill before starting loading of goods in the vehicle under the Haryana value added tax?
Does the vat authority can make any chalng on it?
Does it make any difference (because there is no idea how much goods can be put in the vehicle and bill will be prepared after loading the complete goods in the vehicle.)
sir my friend is working as a Executive in a pvt company in Excise Department.sir he wants to know how can get the information about the changes in excise & Service tax-about any new notification,any amendments in notification.how to updates. any side.any book,any software or any sources.
please advise sir .
Regards
Please advise we made provision for unpaid excise duty for goods lying at factory on 31st March, 2012. But this excise duty is not paid subsequently as goods exported. Please advise this provision will be disallowed under Income Tax act in section 43B because of non payment of excise duty.
Following entry was passed on 31/03/2012:
Excise Duty on finished goods Dr.
To Provision for unpaid excise duty
Closing Stock was valued inclusive of excise duty.
Dear experts, thanks for your support for giving your valuable suggestions.
Please clarify the following procedure for job work for same unit.
We have a company’s Called "A", “B”, “C” in same names all are "Manufacturing units".
"A"= is having under separate excise division “B” and “C” also having under separate excise division as well as excise range.
1. For “A" = is excise registered company and we are availing full cenvat benefit and clearing the goods with full rate of duty. And we are not SSI our turnover is more than 50 cores.
2. At "A" due to place congest, we have stared the companies at “B” & “C” in other Places and we have not taken any central excise registration for “B” & “C” because we are not clearing any goods at the place of “B” & “C” .
“B & “C” is the extension of “A” and doing job work for only “A”. After completion of job work activity at “B & C” the same we are bringing back to “A” and clearing from “A” with full payment of duty.
3. For “B” & “C” we have submitted “4” ANNEXURE-4 [See rule 9 of the Central Excise (No.2), Rules, 2001 read with Notification No. 36/2001 – C.E. (N.T)] . As per one of central excise range persons advice.
4. We are sending material to “B” & “C” under central excise challan (4) 5 and the generated scrap at “B” & “C” Bringing back at “A” and clearing on payment of duty from “A”.
Now my questions are.
1. “b” & “C” should be registered or only declaration “4” is enough . (We are not clearing nor doing any job work for other units we do not have even sales or job work invoice at the place of “b” & “c” . Hence registration is required or not ??
2. What are the procedures we are following is correct or not ??
3. If any other procedures for different units under same name to be followed ??
4. If registration done at “B” & “C” years together we should file Nil return ?? because we are not sold any item at “b” & “c”
Please give your advice point wise enable me to understand properly and follow the rules. Your early action will be most appreciated. Thanks in advance for experts who is spending their precious time to give the advices
sir,
We are registered with Excise department as Manufacture of Tariff item 70 19 , We would like to do Import of Finished goods from Australia and from our port i.e nhava sheva with out paying any custom duty, we wish directly sale to Iran. As we are not making excise able invoice on the same. no duty passed to customer. we would like to asked whether we want to registered as trader or no registration is required.
pl.reply
Dear experts.
ANNEXURE-4
[See rule 9 of the Central Excise (No.2), Rules, 2001 read with Notification No. 36/2001 – C.E. (N.T)]
SSI DECLARION TO BE FILLED EVERY YEAR OR AT ONE TIME PLEASE CLARIFY.
THANKS IN ADVANCE.
Hi ,
I am registered in excise and sells my registered brand and pay excise duty .
Can i sell /trade unbranded garments also without paying excise duty ,My customers also wants unbranded goods which i can outsource .
Please advise.
B Regards
sandeep
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Excise duty on goods leaving service centres of the company