We are the manufacturing unit of Fruit pulp, we are registered in excise,
we have taken the service tax paid on input services in cenvat.
So that we have require the servcie tax registration.
Kindly Guide
Dear Experts,
we are sale our products to Brazil 01 month back,with out payment of duty against LUT but now buyers wants to return some Products due to quality reason, his told that products returns us.
is there any procedure that they return products Pls suggest
Thanks in advance
R/Sir,
We are near to cross our sale 1.50 crore. Now, We had made online registration in Excise. Please tell me that When we give the Stock of Raw material and Finished goods to Excise Department and how we will take Cenvat of our above stock. Which records are mandatary for us for Excise Deptt.
If i am not entry made in books and taken cenvat credit in RG23. Is it possible or not ?
Dear sir,
We are already excise ragistered s.s.i manufacturing unit having turn over of 1.4 crore.
Uptill now we had been charging excise from the very first bill and taking the modvat benefit. Now we want to avail excise exemption benefit. Please answer
1/ Do we need to keep all the ragisters like RG-1 and fill all the forms etc. even after opting for being exempted ?
2/ do we need to file quarterly returns even after availing exemption ?
3/ what will happen to our existing stock of this year ?
4/ from where we can get detailed knowledge about it ?
thanks a lot in advance. .
I am manufacturer. I have plant which I am using for the conversion of scrap tyres and plastic in to fuel oil, carbon black, and steel wire. I don’t know what should be the classification of these products and what should be the excise duty on it.
Kindly help to find out classification and excise duty rate (if any concessional rate of duty prevail than please inform that also)
Technical process flow of product is as under
This is the batch process systems.
The waste tyre is fed into the reactor vessel and heated under controlled conditions of temperature and pressure.
The process will bring about molecular restructuring of the rubber under the pyrolysis process as the result; furnace oil in gaseous form is produced along with other gases.
These vaporized gases are passed through heat exchanges, where in the furnace oil gas is condensed into liquid form.
During the process, carbon black is generated.
The heat exchanger uses coolant water, as the condensing medium and this water is re-circulated.
Process output are :
1) Fuel oil
2) Carboon black
3) Gas
4) Steel Wire
Dear All,
I have a query that one of my supplier issues me bill as under:
Basice Value 90,000.00
Excise Duty @ 5.15 4,635.00
Sub Total 94,635.00
Less:
Trade Disc.@ 10% 9000.00
Invoice Value 85,635.00
I wanna know whether it is right practice or i should avail discount on Rs.94635.00 instead of Rs.90,000.00
Also, Would u please explain me what is Rule 51-A
Regards
Thanks In Advance
What is the 8 digit Tariff Heading and Rate of Excise Duty of Cotton Sacks and Bags.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Regarding service tax registration