Assesses is a manufacturing Unit and paid duty exceeding Rs.10 lakhs by utilization of CENVAT credit and by Current account during preceding year, accordingly it is mandatory to pay the duty electronically through e-banking. However the assessee has failed to fulfill his duty liability to pay through current account by internet banking. Party has paid total duty by manual challan during prescribed time limit.
in this case how much penalty is applicable under central excise rules ?
If any judgement or order passed in this matter please provide the details
I have to export some parts in which galvanised steel is used as raw material,so if i export the finished product, can i get the refund of excise duty paid on raw material or is there any way by which i can purchase the raw material without paying excise duty.
Dear Sir,
Ours is pharmaceutical manufacturing unit registered under central excise. We purchase goods, which attract 12.36% excise. We manufacture ayurvedic products on which we have to pay 6.18% excise. moreover, our products are selling through advertisement so we do take credit of service tax also.
We have a huge credit balance of cenvet amounting more than one crore. Can we get refund of this amount in cash or any other way?
Respected Experts
I have read somewhere that the excise invoice should be pre printed with basic informations like Name of manufacturer address range excise registration number etc.. so my querry is whether these informations can be rubber stamped and such excise invoice is acceptable
Thanks
Respected Experts
I have read somewhere that the excise invoice should be pre printed with basic informations like Name of manufacturer address range excise registration number etc.. so my querry is whether these informations can be rubber stamped and such excise invoice is acceptable
Thanks
Dear Sir/Madam,
I,m registering ourself with Central Excise, for address proof we are submiting Leave and license agreemen, as our office is on rent. Alongwith this we'll have to submit supportive address proof such as electricity bill, water bill, etc.
Can you please suggest on whose name these supportive documents are required on our company name or on office owner name?
Thanks in advance,
Satish.
Is mandatory to write excise declation at the below of invoice. if yes, is there any fix wording.
Thanks for help
If we send the spares or machineries outside the factory for repairs, testing or reconditioning on Returnable Gate Pass, then is it called a job work? if it is called a job work then what process we have to follow? Pls suggest.
Sir,
A company has two different premises and the goods are sent to another premises for performing job work
Ques:- whether bill is raised by another division for job work?
and if bill is raised then implementation of TDS is or not
A firm is registered with Excise Dept as a Manufacturer. It purchases Fabric & manufactures Bags. Now it wishes to Trade in Fabric. The Fabric will be sold in its original form i.e without any alteration.
1) Will a separate regn be required as a Dealer?
2) Suppose the firm pays Rs.10 as Excise Duty on the Fabric it purchases then will it simply pass this on to the next buyer or it will charge say Rs.12 & claim Rs.10 as set off?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Non e payment of central excise duty