If a brand owner manufactured goods from small vendor who are not in preview of excise ( due to basic exemption of 1.5 crore), is there any excise tax liabilities will required to pay- if yes by whom, the vendor or by brand owner.
we received material from other source for conversion, material will be input for developing another material, final output will be more then what we received for conversion, how we close the F4?
what is the procedure after executed General bond B1, for procurement of excisable goods for manufacture of export means what are the documents we should keep when purchasing items ,the procedure
We had dispatched material to Party with our Excise Invoice. But Said party returned our all material by only their gate pass along with our all documents due to rejection. Can we reverse the cenvat of our above said Invoice? or what process will be done by us?
Sir,
I working in a limited co. our many customer located in Himachal and Uttrakhand and the avail Exemption wide Noti.49 and 50/2003.my Q. is that we are sending material through excisable GP and paid as per law. but many time customer sent back material as rejected return but they are not generate Excise gp as the have exemption.If they sent our excise gp with Return material then can we take cenvat on that? if partially rejected then what would be done to get credit?
We are manufacturing Company.
Customer has not accepted full bill amount and made payment as per his acceptance which is less than our bill amount.
Accordingly excise duty and Sales tax amount has also not been recovered fully
Accordingly we have raised Credit Note.
Can we take cenvat credit of excise based on Credit Note??
If not, any other solution to deal with it??
Also same question in respect of VAT or CST amount.
Respected Experts
if a manufacturer submits a document under heading VAT INVOICE and has all the details required for excise invoice ... whether this document can be accepted for allowance of excise credit as the manufaturer insists that this is his excise invoice issued under CE rule 11 meant for removal of goods from his factory premises
We are newly registered dealer of Excise.
which documents we have to maintain.
Thanking You
Regards
RAvi
Are Manual register of Excise compulsory to Maintain under Exicse Act.
Can a Manufacturing company (registered under Excise)raise a purchase return invoice with out Excise when the Purchased goods are not excise-able goods ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Brand owner;s liability of excise