Hello everyone,
Mr.X purchases goods from manufacturer and he supplies the same to manufacturing companies.
on purchases mfr charges him 12.36% of excise duty.
he do not want that company (his clients to whom goods are sold) should know the details of the manufacturer and their price and his margin. he fears that clients will directly contact the manufacturer.
My question:
1. How can he pass the cenvat credit to the company/clients if
a) goods are directly transported from manufacturer warehouse to company/clients place ? and
b) He will receive the goods and then he will transport it to the company/client place ?
We are importing Digital Camera and doing some kitting activity in our Warehouse. The kitting activity are repacking ,inserting SD Card ,Camera Pouch , AV cables etc.
The MRP remains the same. The kitting products are domestically purchased.
whether this process amounts to manufacture. if yes what is the excisable value on which duty to be charged.
My company on a regular basis generates around 50 (1+3 total 4 page) nos exciseable invoice.We have only one authorised person to sign the invoices. Is it mandatory that the said person has to sign all the invoices (all pages). Is there any scope that this signing matter can be avoided. If it is permissable under the law could any body let me know the concerned section/rule. Immediate response shall be highly appreciated.
Thanks & regards
Dear All,
Am doing my CA Articleship and i can hear many of the persons working with our clients saying that on clearence of goods, they would debit the CENVAT credit account.How can this be done.I mean, is there any place where will debit CENVAT Account like making payment through bank????!!! I can't understand.Pls do help
Resoected Experts,
can you tell me that. we rec. per month printer charges bill and this bill service tax add 12.36% amount is 1650. than sir can i claim this amount when i will fill monthly return of excise. i can not claim this amount at the time of service tax because we deposit service tax in uttarakhand only goods transport agancy.
respected members,
If A is partnership firm and ssi unit in state of gujarat and involving in manufacture procedures.B Ltd. is comapny which is registered in companies act and situated in Mumbai involved in marketing of A's manufacturing product and working as commission agent of A. C is the trader situated in maharastra and purchases goods on advise of B Ltd. from A. A is being in ssi unit, exception limit is Rs. 5 crore turnover. My question is how the central excise rule will applicable and duty will applied as per rule?
Sir,
Currently i gone thorugh a case in this case A party issued sle invoice in favour of Party B but party B not avail cenvat credit becouse product used in agriculture vehicle however party B retun some of product with invoice to A but party made declarion " not availed cenvat credit"
hence pary not made bifercation on invoice as a BED ,Cess & Hcess.
Now party A will do in this case.
Please tell A can aviled cenvat credit without bifercation.
Please tell me we can avil cenvat credit on sales return but if uni
dear sir
we have sale material for invoice no 111, Dt.15.05.2012 and customer sale return back this material dt. 17.07.2012 . pls tell we have take credit cenvat in RG23PART-II if company is non excise then
My company on a regular basis generates around 50 (1+3 total 4 page) nos exciseable invoice.We have only one authorised person to sign the invoices. Is it mandatory that the said person has to sign all the invoices (all pages). Is there any scope that this signing matter can be avoided. If it is permissable under the law could any body let me know the concerned section/rule. Immediate response shall be highly appreciated.
Thanks & regards
Dear All,
pl. tell me the duration for availing the benefit from focus marketting schemes & hoe to avail dat benefits for pharmaceuticals companies?
Thanks
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Urgenlt query! set off of excise duty ?