SIR,
I WANT TO ASK
1) WHETHER EXPORT TO NEPAL AND BHUTAN WILL BE TREATED AS CLEARANCE FOR HOME CONSUMPTION FOR SSI EXEMPTION EVEN IF AMT IS RECEIVED IN CONVERTIBLE FOREIGN EXCHANGE?
2)UNDER SSI IT IS OBSERVED UNDER "SUPEREX INDUSTRIES THAT "The benefit of notification No.8/2003 would be lost only if the manufacturer affixes the specified goods with d brand name of another person WHO IS NOT ELIGIBLE FOR EXEMPTION UNDER THIS NOTIFICATION ..
SO whether it means that if Mr.X (ssi) produces goods under brand name of Mr. Y (another SSI) then value of such goods produced by Mr. X will not be charged to excise duty separately and WILL BE INCLUDED IN ssi exemption?
Dear CCI Experts
We are Central Excise Registered Dealers.. We are Import the Goods from the Australia. and Sell the goods in India. and we pass on the CVD to our customers.
What the procedure for Documentation , When the Imported Goods are Return to the suppliers....?
We are Return the Material to suppliers for the Reason of Non-Moving Material.
we are manufacturing ingots,We have been queried by the excise department that what is the reason for your finished goods basic value being 23000 and where as others in the same region is selling the same product at basic value 27000? what should be the reply so that we do not attract unwanted attention from the authorities?
HELLO SIR I HAVE A QUREY REGARDING THE FOLLOWING CIRCULAR
Circular No. 911 /01 /2010-CX
F.No.267/116/2009-CX8
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Excise & Customs)
New Delhi dated the 14th January, 2010
To,
All Director Generals,
All Chief Commissioners of Central Excise (including LTU),
All Commissioners of Central Excise (including LTU).
Sir/ Madam,
Subject: Irregular availment of Cenvat credit on certain activities not amounting to manufacture-reg.
Reference has been received from field formations stating that though certain activities including connectorising, testing, repacking and relabeling of feeder cables, cutting of HR/CR coils into sheets or slitting into strips do not amount to manufacture, such processors are taking Cenvat credit and justifying their Cenvat availment on ground that they are paying duty on final products.
2. The matter has been examined. As per the provisions of Rule 3 of the CENVAT Credit Rules, 2004, read with Rule 6, credit of duty paid on the inputs is allowed only if these inputs are used in the manufacture of a final product. The Board vide circular dated 26.09.07 issued from F.No.93/1/2005-CX3, had clarified that if the process does not amount to manufacture, duty is not required to be paid and hence no Cenvat credit of duty paid on inputs is admissible. Attention is also invited to the provisions of Section 5B of the Central Excise Act, 1944, where an assessee, who has paid excise duty on a product under the belief that the same is excisable, but subsequently the process of making the said product, is held by the Court as not amounting to manufacture, in such cases, the Central Government may issue an order for non-reversal of such credit in past cases.
3. In view of above, following instructions are issued:-
(i) In cases where the process undertaken by an assessee indisputably does not amount to manufacture, the department should inform the assessee about the correct legal position and advise him not to pay duty and not to avail credit on inputs.
(ii) If the assessee has already paid duty, and in a situation where there is no manufacture as held by the Courts subsequently, and facts of the case are covered by the provisions of Section 5B of the Central Excise Act, 1944, the assessee is at liberty to approach the Central Govt. for issue of appropriate notification for regularization of the Cenvat credit availed.
4. Trade & Industry as well as field formations may be suitably informed.
5. Receipt of this circular may kindly be acknowledged.
6. Hindi version will follow.
Yours faithfully,
(Amish Kumar Gupta)
OSD (CX-8)
Now my query is if the cenvat credit taken by the non manufacturing unit passed on to the manufacturing unit they used that credit .. plz tell me whether the utilization of that credit is valid or not???
Is there any circular or notifications regarding that???
Hi,
Expert
Can you pls know any rules or notification for Finish Goods Area. A fix area of FG Stock. Not mixing with RM of production. Any penlty for that?
dear sir,
please reply me that above subject which is applicable
regards
sarvesh
WE WANT TO SALE AN OLD ASSET.
WHAT WILL BE THE LIABILITY ? PROCIDURE ? ( EXCISE AREA )
We are sending some Semi finished goods to job worker and after process willbe return to factory. for sending we need to make weighment, that facility is not available inside the factory premises and send out outside for weighment. Give clear proceedures and rule for excise. If any one give the format of application and which records should be maintained at factory levels...... Expert advice please
Sir
I am working in a construction company.We are doing an ADB project in Karnataka.We have excise duty exemption on cement and steel.How can we claim this exemption.Please give me a replay.
Dear Sir
Please tel me. what Addty.duty ka Cenvet Credit taken From Bill of Entery?
Bill of Entry main Three Category Duty hoti hain
BCD Duty : Not Allow
CVD Duty : Yes Allow
Addty Duty : Allow Yes or Not
please tel me addty duty ka cenvet credit taken or not taken
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Ssi exemption