for removal under rule 3(5) and 3(5A),
rule 3(6) says cenvat credit available as if duty paid by the person who removed the goods.
isn't the manufacturer the one who removes the input.or capitalgood
thank you
Say a product is removed to the depot for sale. Its removed at a valuation of Rs 100.
By the time is sold from the depot, its Rs 90. How do we adjust the excess excise?
Also, secondly, what if the invoice is issued, and rates are re-negotiated after sale?
Thank You.
hum bicycle parts banatae hain aur M.V. parts bhee banate hain 1lekin bicycle parts par to duty nahi lagti to kya hum bicycle parts k liye jo raw material purchase karenge uska cenvet m.v. parts ki sale k liye use kar skte hain ki nahi. aur kya hum cycle parts ka banayange to us par excise duty lagaynage ya nahi .
agar nahi to kya hum us pae central excise notification likhanhgae
Dear Members,
As per the decided case law of CCEx. V. Mehta & co., Furniture manufactured at Customer's Site is movable and is liable to excise duty.
My Query is, When is that the rate of excise is applied. i.e., Rule 4 of Central Excise Rules says the duty is payable at the time of removal of goods from the fctory.
Now, What is factory in case of furniture manufactured at the customer's site. Why because it is kept there itself after manufacturing and is no where removed later.
Please reply with relevant provisions and case laws if any.
Waiting for jet response.
Vijay
Hello sir,
I would like to know whether the following is excisable or not
is water purifying and filling into 500ml/liter bottles is excisable?
is water bottles sale is taxable under VAT ?
Dear Experts,
If a manufacturer of heavy machinery - say - heat treatment furnace (CETSH 8417000) manufactures the product at customer site. That is - the manufacturer purchases sub assemblis from vendors. He brings these sub assemblies (inputs)to his own factory and then sends to customers site. Then at customer site he actually manufactures the final product - i. e. heat treatment furnace. There is no doubt about the manufacture of the furnace. It is manufactured at customer site from these sub assemblies (inputs). My doubts are:
1. The manufacture takes place outside the manufacture's factory. It takes place at customer's factory. Customer's factory is already an excise registered factory for his own manufacture.So what about registration for the HT furnace manufacturer? Can / should he register a part of the customer's factory for his HT furnace manufacture activity?
2. The sub assemblies (inputs) will be purchased at the manufacturer's factory and then be sent to customer's factory for manufacture of final product (HT Furnace). What procedure to be followed for removal to customer's factory? Because this is not removal under Rule 4(5) (a) to job worker.
3. Can the manufacturer avail cenvat credit of the sub assemblies (inputs)? Can the department take a stand that these inputs are not used in the factory of manufacturer?
I want to clarify whether skimmed milk, toned milk, and milk products are classifiable under Chapter 4 or 19 under Central Excise Tariff and what is the present rate of duty?
My query is wheather there is excise duty on sale of beneficiated Iron ore
We bring Iron ore in lumps form and after processing sell it as iron ore lumps and fines I would like to know the status of excise duty on such an ore
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Cenvat credit