Please advise me goods return process excise & CST point of View :

Basic Value : 100000.00
ED 10 % : 10000.00
2% : 200.00
1% : 100.00

Total : 110300.00
Cst 5% : 5515.00

115815.00

Why entry post

Dear All,
can you pls tell me what all registers needs to be kept under excise law for manufacturing company?

Thanks in advance.

Regards'
Yatesh Renuke.

I m a CA Final Student... i Have Read IDT from Bangar published for May 2011 exams... i just want 2 know shud i continue wid dis for nov 2011 exams or may i need 2 refer nov edition of bangar... as i saw there r lot of changes in CENVAT Credit Rules, 2004... Can Any1 Provide me d notes of chapters Central Excise Rules & CENVAT Credit Rules, 2004 of IDT Bangar Nov Edition...

SIR,

CAN WE TAKE CENVAT CREDIT ON ADDITIONAL DUTY IN BASIC BECOUSE WE ARE NOT EXPORT MATERIAL

Please explain Rule 3(6) of CCR.

From what i understood-
The assessee can claim cenvat credit on input or CapGoods. Then he pays cenvat under circumstances of 3(5) or 3(5A).

The he himself is eligible for such credit paid under 3(5) or 3(5A) as per rule 3(6).


Is my interpretation correct?

Who is the issueing authority of CT-1 Balance Unutilized Certificate ? 3 different Export Material removed by a supporting manufacturer under CT-1, and later one of the item returned back to the supporting manufacturer. Now the merchant exporter need a unutilized balance certificate from the supporting manufacturer. Pls inform the actual procedure for the same, as the merchnt exporter is required to submit the proof of export against the said CT-1.

if a manufacturer of sumbersible pump whose turnover less than 150 lacs than also such item is taxable in excise act.

In what cases is RSP applicable?

From what i understand, It does not apply when the buyer is commercial or industrial..
Hence if HUL sells it to its wholeseller it does not apply,

but if BATA shoes has its own showrooms, then it applies.

Am i right?



Secondly, please relate the above example with wholesale packages..

Hello sir,
I have cleared CA in recent may2011 attempt
i want to work in indirect tax firms Moreover even in my articleship i didnt have a exposure on such area so please guide me how to start studying in this area example which book n all.

please tell me some indirect tax firms specially excise and service tax.

sir/madam,
pls tell me when we file return...
we get registration on 9th august,2011 and previous year turnover is 45lac. we are not raise any bill in market till date of excise we are planing to intimate superintendent after this month for raise bill or issue bill.
pls suggest when we file return ?
file monthly or three monthly ?