Hello everyone,
Kindly help me to know about the concept of excise duty.
and give your suggestion that can excise duty be claimed?
If yes, than how?
Thank you in advance...

Sir,
As we are a Dealer firm of excisable goods can we have to issue cenvat invoice to an 100% export orianted ARE-2 customer who have no excise registration .
Do there may any problem will arise in future?
would you Please give me a solution.

saji varghese

We are a Pvt Ltd Mfg Co, registered with Central Excise & S/Tax for GTA & Other Auxiliary services.

There is changes in S/Tax w.e.f 1st July-12, In case of Reverse Charge,please confirm us, what entities it is applicable (Public Ltd Co, Pvt Ltd Co, Partnership, proprietary, HUF) etc., Pl confirm for both, Service Provider and Service Receiver.

A Company has cleared goods on payment of duty. Subsequently the material was called back before the material reaches the customers location. Can we avail cenvat credit on self documented invoice, please explain?

We are a manufacturer and we have started our excise bill book manually (same has been intimated to excise department)from April-2012 and we have raised 7-8 invoice.
But now onwards we want to start excise bill book computerized, is it possible or not.
please advise with full procedure.

Sir,we are a cfa firm we are dealing with excisable goods Sir my confusion is that,
whether a dealer can issue cenvat invoice to an exporting firm which have no excise registration number.
They said that they can avail rebate on Excise Duty Through the cenvat invoice even if they have no excise registration .
Would you Please help me from this.

Dear Sir,

As per opinion of our excise auditor the grinding wheel & like used for cutting our pipe fittings to be capitalised and cenvat credit 50% only in C.Y. & 50% in succeeding year.

But in our general practice the grinding wheels are used only one time merely for 5 to 10 minutes on running mode after then it becomes scrap and useless. Since our industry is a metal industry on account of that it may not seem to be justified to capitalised such small things.

please give me a proper advice on the above matter whether the opinion of Excise Auditor is proper or not.

Dear Experts,

we are in manufacturing unit and getting Central Excise registration for the same. which we have received after one month date of application. we have purchase capital goods and raw material which we have purchase before the regn. i just want to know shall i take the cenvat credit on those capital goods and raw material.

pl advice

regards
Rajendra Bhalerao

I am presently undertaking a audit wherein abatement for the purposes of excise duty is 35% on MRP.Thus excise duty is to be calculated @ 65% of MRP.
But i noticed that it is being calculated @ 65 % of MRP or INVOICE PRICE before trade dicount which ever is higher.
iam informed that the goods are chargeable to excise duty as per MRP basis of VALUATION.
Is this treatment correct??

Dear Sirs

We are manufacturer of M.S Pipes of all diameter & now we have 1 order in our company, in which party want to split the P.O in two portions which is as follows.

1/ Party will give us P.O, only for Bare Pipes. (M.S Pipes)
2/ Same Party want to give one another order for coating work on Bare Pipes in which purchaser party will provide all the coating material for coating on their Bare Pipes (Goods of 1st P.O) & we have to engage only Man Power for this particular Job Work.(Coating on Bare Pipes)

Now the question is how we will raised the Invoice to party when goods will be ready & what type of Tax we have to charge (ED or Service Tax) in above said situation.

You are requested to give your valuable opinion & Advice.