HITESH
01 April 2016 at 06:37

Rule 3(5a) cenvat credit rules 2004

Capital goods removed after partial use : Under this rule assessee is eligible for credit on the basis of qtr the capital good is used. If for example assessee recd CG on 1/10/2013 and removes after partial use on 31/03/2017 then it will be 14 qtr now my que is what if assessee recd CG on 17/09/2013 and removes it on 11/02/2017 how qtr will be calculated ?


SANJAY LULLA
31 March 2016 at 00:59

C form

If i buy goods from other state in c- form
Please answer me some doubts

How much tax i have to pay
On base rate of goods.

Weather i have to pay excise + vat on x factory price
Or i have to pay only c form 2% on x factory price

Please reply


ajay
29 March 2016 at 22:11

Excise

1. can we claim custom import duty againist Excise
2.can we claim Excise on Purchase of asset againist normal excisable goods sold


carol

Dear All,

As per Budget 2016 readymade garments industry to face 2% excise levy.
We have 2 factories & 1 warehouse and exclusive 30 retail outlets of our own.
1. Whether required take Excise registration for only 2 factories?
2. Goods transferred from factory to warehouse and from warehouse to retail outlets. Whether all retail outlets to be registered, as sale will be from retail outlets.
3. Excise duty to be paid after goods removed from Factory to Warehouse or after removed from Warehouse to Retail outlets or after sales from Retail outlets.

Please help to me solve above queries. Thanks in advance.


priya jain

Sir, we have a manufacturing company producing tobacco and paid machine based excise duty thereon therefore not taken any cenvat credit. Now we also sold scrap of packing material generated out of packing activity of tobacco. Whether it is required to pay excise duty on sell of scrap generating out of packing activity. Please refer section no. also ..



Anonymous
28 March 2016 at 13:02

Depot duty

Dear Sir
If a factory transfer the goods to depot on basic price Rs.10.00 per pices / kgs but his depot the sale goods on Rs.9.00 per pices / kgs it means less price sale the goods through depot.
here is one question raised we pay the excise duty @12.5% on hire price but depot duty charged the less price so my thought is what can do the paid excess duty on said goods
kindly give us advice we adjusted the same the duty from payable depot duty or we pay the same duty of our Factory
Also we want the central excise rule also for this issue.

Treat Most urgent.

Regards
Gautam


Bharat Kothari
28 March 2016 at 02:26

Info about excise on jewelry

Sir/mam, plz can anybody give a detailed info about the rules n applicability of the matter of 1% of excise on jewelry business. I am a goldsmith and want to know it in detail all about it n its rules. even links will do :-)


Patel Kishan
27 March 2016 at 15:55

Export related

HELLO,

We are engaged in manufacturing of Aluminium utensils. we Import our Raw Material Under Advance license. Now There is two type of procedure we follow.
1. we fulfill Export obligation and than after we import raw material against said advance license.
2 We fist import raw material against advance license and than after we Export our finish goods for full fill export obligation.

Now my question is that, in which procedure we can export goods under claim of Rebate under rule 18 of CER 2002 ?


Sanjeev Agarwal
25 March 2016 at 14:53

1% excise duty on jewellery

A jeweller is engaged into manufacturing as well as trading of jewellery. His turnover from manufacturing during f.y.2014-15 is Rs.11.00 crores and from trading is Rs.5.00 crores. Is he eligible for registration and payment of excise and not eligible for SSI exemption?

Does turnover includes both trading and manufacturing turnover?



Anonymous
25 March 2016 at 10:03

Removal of goods under rule 18

Dear Experts,
We have clear the goods under rule 18 for that we have show duty in ARE-1 and also debit the same in cenvat register...my query is... as we have debit the duty in cenvat register how we will get duty credited weather it would be refund.... plzz clarify

Thanx & Regard
Sumit jain





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