Dear All,

We got one vendor who is covered under excise has sold one Tool to us without charging Excise duty, since as per him he has done only some development on that tool and the tool was purchased from an party who was not covered under excise.

My Queries are :

If an party who is covered under excise can sell goods without charging excise since the tool which he has purchased from the party was without excise duty

Under which rule it was covered .


Regards.

Rajesh Kotkar
Company Secretary & Inter ICWA

wheather time of invoice creaton and time of removal may be different by 2 days or more days. plese reply ,most urgent.

Sir,
What will be accounting entries in the books for importer/1st stage dealer for CVD Paid and pass on to the dealer/manufacturer/consignee.
What accounting standard of ICAI Says on this.

Dear sir,

can u pls tell me what are the procedure for a traders for filing excise return who just passed out the excise duty from suplier to customer?

is it mandatory for e-filing for such a trader ?

efiling is mandotry for those assessee who paid more than Rs. 10 lkhs including cenvat as excise duty in preceding year therefore in such a case a trader does'nt paid any excise duty so he should'nt require e-file excise return.

pls solved it as early as possible....waiting

Pls let me know the commercial procedure for the services we offer :

1. Application and Supply of Bituminous Waterproofing Membrane (HS Code No 68061000)
2. We shall be importing the membrane from Dubai as per HS No and pay the customs and relevant duty at the port (kandla) and get it to Ahmedabad or thru inland imports at Container Freight Station - Adalaj Abad – from there by road to our stock yard.
3. The job done at the client lumpsum of material supplied and application job work. So sud we have billing internally done for material consumed and job work for taxation / duty norms.
4. Pls let me know what is duty implied and what sud be accounting procedure followed. Wud there be any VAT applicable.

A munufcturing unit receives back materials from customer. The unit takes the creadit of returned material u/r 16.

Now the party has to resell the materiall to another party but the prices have gone up since the materials were returned.

Under the premises can the unit charge duty according to the present transaction value and charge duty accordingly, if so whether differential amount of duty needs to be in PLA or centvat credit in full can be availed.

Dear Sir,

We have manufacturing Matle Halide lamp. CETSH NO. 853932009. We have export all goods under export LUT.We not paid excise duty.We import material from China and USA.We manufacture matle halide bulb and export it to USA.We have applicable sectoin 58 of duty draw back.We file our first return but system says that the notification you are entered not available in Database.Also Sl NO not match with database. We have lot of problem in filling of ER-1 return. So please provide guidance to us.

Regards,
Balendra Parmar
Finance Manager.

A concern is manufacturing Goods both exciseable and at concessional rate of duty from a common Input. May please advice whether CENVAT Credit on Capital Goods is allowable.

Regards

Sanjeev

hello,
i want to know at time of e-filing of excise return-- what write in notification no. & serial no. in notification ? i am very confused because error is there in return.


if anyone know plz give info. in detail.


thanks

Dear Experts

We got the order from ABC and we have to supply the item to Mahagenco. As per our ABC company the following issues will be clarified.

1. TAXES AND DUTIES APPLICABLE FOR MAHAGENCO MEGAPOWER. I.E. EXCISE DUTY AND CST ??
2. SHALL WE TAKE DUTY REFUND ??
3. WHAT ARE THE DOCUMENTS TO BE SUBMITED.

PLASE CLARIFY MATTER MOST URGENT SIR.