R/Sir,
We are the Manufacturer of Carry Bags (made from Paper), Paper Bags Handle (Made from Paper) and Rope (Made from Paper). We will sell the Paper Bags in Pcs., Paper Bag Handles in Pcs. and Paper Rope in Kg.
Kindly tell us the Excise Tarriff Heading and rate of Excise duty for all above items. Our sale has reached at 1.40 lacs. Now we want to be registred in Excise.
Please tell me that can we now avail Cenvat Credit on Our capital good, which comes in Jan'2011 & Feb'2011.
Thanks.
Dear Frei
I have a small doubt that can we issue a single Excise Invoice for more than one excisable items or not.
We are manufacturer and issue Excise Invoice...
For Example...
We manf. product A, B & C, and selling prod A & B to party XYZ & Co.
so can I issue a single Excise Invoice to XYZ & Co. in which i can put both the items i.e. Product A & B
DEAR SIR
GOOD MORNING
I WANT TO DO EXPORT (MERCHANT) OF SANATARYWARE ITEMS, THIS ITEM MANUFACTURING UNIT IS NOT REGISTERED WITH EXCISE, SO WHICH EXPORT PROCEDURE FOR ME?
PLEASE ADVISE ME
THANKS
NILESH NAYAKPARA
Dear Experts,
Could you please let know what are formalities that needs to be complete if i want re-export the material imported. which i do not want to get it in excise premises. what is the duties that will be involved in this transaction, I mean do i need to pay Customs duty for import of duty and excise duty for re-exporting it.
We are basically a trader importer.We want to import coal to port and therefrom we want to sale in domestic market.Is it necessary to take any other warehouse for central excise registration if my customer wants to get duty credit ?
Regards
A Datta
TO ALL,
GREETINGS OF THE DAY,
I ASHISH KUMAR NAMDEV AS AN ASTT. MGR.A/C IS IN A WHEEL MFG.UNIT UNDER GOING ESTABLISHED ,IS IMPORTING MACHINES FROM UK ON EPCG BASE(6 YEARS) & DUTY PAID ON PORT BASE.
PLEASE CLEAR ME THE FOLLOWING ISSUES.
1-UNDER EPCG PURCHASE OF MACHINE WHICH DOCUMENT I HAVE TO MAINTAIN ,REPORTING ON WHICH TIMING TO WHOM,IN WHICH FORM NO. PLEASE PROVIDE.
2-WHAT IS THE BIFERCATION OF DUTY PAID ON PORT BY US AND WHICH DUTY IS TAKEN AS CREDIT ON CAPITAL GOODS UNDER WHICH RULE PLEASE GUIDE ME WITH EXAMPLE & NOTIFICATION.
THANKS
ASHISH KUMAR NAMDEV
+91-93680-28604
Purchase of raw material Rs. 10000000/-
Sale of Finished Goods Rs.7000000/-
Closing Stock
Raw Material Rs.1000000/-
Finished Goods Rs. 3000000/-
All figures are exclusive of excise duty @ 10.3%
Kindly guide me the accounting entries to be entered and how these figures will be represented in balance sheet
can anybody tell me how we can calculate duty on hand made biri
Dear All,
We are manufacturers of aluminium / upvc doors and windows in india. We would like to export doors and windows from India to other countries.
Our raw materials ( aluminium / upvc profile) attracts Excise duty @ 10.3%. While exporting of the goods whether we need to pay excise duty on our finished goods.
1. If paid, when we can we get eligible to take back of cenvat cr.
2. Is it possiable to export the materials without making the excise duty through debiting ct1 bond.
3. what would be the eligiblity for getting the ct1 bond from excise authorities.
Please guide us any other scheme available to export the goods without making the excise duty payment.
Regards
Ramesh
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tariff heading and rate of excise duty