Sir,

Is turnover of Sales against Form - (i) , comes under Excise limit (1.50 Cr)...

I mean to ask sales against form-i we will count in excise limit sales or not...

Dear Sir / Madam

I am here by a query about the Export in Exempted unit that could we have any export without ARE 1 if is it possible so what & how to do about this situation.

Rgds
Sachin

my querry is regarding cenvat credit, illustrated in the following example :-

A is an exsice registered manufacturer (vendor raw material)

B is an unregistered manufacturer ( finished goods)

C is an excise registered customer of finished goods.



B buys raw material from A and mentions himself as the buyer and C as the consignor of the raw material purchased as inputs. Now B processes those inputs and produces finished good and sells it to C by issuying him a VAT invoice and also gives him a copy of A's bill to avail the excise duty credit.

Can C avail the excise duty credit of the raw material purchased by B by mentioning his excise details as consignor.

Is it possible??

Regards,

Er. Naman Munjal

A DTA unit procured Raw Materials under Annexure-45 i.e. Concessional rate of duty (Nil),availing facility of Notification No.43/2001 C.Ex.(NT) dated26.06.2001. out of these R/M manufactured Finished goods which he exports under CT-1 i.e. third party export. In this situation, is he required to export goods under ARE-1 or ARE-2 ?

Hi
I am in the process of setting up a foreign company in India. The business plan is to start with full import of machines by the Indian customers. And in parallel I would like to set up an Indian office, and start offering various services to Indian customers such as machine erection and commissioning, operator training etc and also the spares sales.
My question is
1. what are the tax implications in first scenario (Excise/VAT/Service tax etc)
2. what are the tax implications when i have an office in India and start offering services and spares

i would like to have some one as my consultant to set up this firm. please share your contact details


Best Regards
Shreejesh

There are 5 parties are involved in a business, say A to E. (all are registred in Excise) imports the goods and sale goods to B by charging CVD, Adl Duty. Now B sale to C, C to D and D to E who is a manufacturer. Now the question is how Cenvat will be passed and whether E will get Cenvat credit setoff ?

Pl reply on urgent basis.

Thanks.

Valuation of goods which are consumed shall be 110% of cost of production of such goods. However, we were informed by one manufacturer that only cost of production as per previous year audited financial statements are considered for above rule. No relevance is give to record ascertaining actual cost of production of goods actually used for captive consumption.
please clarify

I want to know whether Excise duty is payable if we have purchase goods ( Footwear) from manufacturer and sale the same under our Brand name. (Manufacturer is cover under SSI Exemption limit)

Dear Experts, our mfg concern is going to send the finish goods as sample to it's debtors, plz clarify weather ED will be paid on sample goods or not if yes in whome name name the invoice will be made.... Regard Akhil Goyal

Dear Sir,

Please give me a Details about Annexure C-1 for Export & it mandatory for every Shipment?