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anckoora
24 May 2011 at 20:06

Basic Exemption Limit.

Dear Sir,

Our product has become excisable in this Budget. We ara a manufacturer ( not SSI).
I would like to know, (1) What is the turnover limit for exemption ? and under which notification ? (2) How the turnover is to be calculated ? (3) Is this exemption available to SSI units only ? and (4) What is the procedure to be followed once we cross the turnover limit, i.e. registration etc...?
thanks in advance
anckoora


Guest

DEAR SIR

WE ARE MANUFACTURING COMPANY

WE RECEIVED CANVAT CREDIT (OF EXCISE DUTY)
ON INPUT MATERIAL

WE ARE ALSO LIABLE TO PAY S.T. SINCE WE
ARE ALSO PROVIDING OUTPUT SERVICE

Q:- WHETHER WE CAN UTILIZE CANVAT CREDIT
OF EXCISE DUTY)FOR PAYMENT OF S.T. ON
OUT PUT SERVICES


KINDLY ASSIST US ON THE ABOVE MENTIONED QUERY.

THANKS IN ADVANCE

THANKS & REGARDS

UJAGAR CHATURVEDI



rudram77
24 May 2011 at 16:37

Import Procedure

we are manufactures mold, recently we got order from UK client, and the same we delegated making of mold in CHINA,

Now we mold is dispatching to UK from China
we are raising the invoice here(INDIA)

Please let me know what are procedures to follow as per Excise and Customs


Shiv
24 May 2011 at 16:31

sold of machinery

Machinery purchase dt 21.4.2011
Sold dt 23.5.2011
Excise duty should be charged same as per purchase value or reduce rate proportion to month.



Anonymous

Please somebody help me to know the chapter heading of following products:

1. Plastic Spray Pumps
2. Plastic Lotion Pumps
3. Plastic Trigger Pumps

Please give me reply its very urgent.



Anonymous
23 May 2011 at 20:23

Excise Cenvat in case of Dealer

Sir an assessee is opening a new business. He will be dealer and will export some part of its product out of India. What is the best procedure through which CENVAT benefit can be availed by him:
1. By purchasing goods without paying duty OR
2. By paying duty and then claiming refund

What is the procedure for the same?
Also should he obtain Excise Number or not? I came to know that he need not apply for registration as his sales will be less than 1.5 crores.


Avinash Vasant Bhavsar
23 May 2011 at 14:35

Authentication is require or not


Dear Sir,

I found my Cenvat Invocies many coputerised & Manual Invoices not signed by Authority Signaoty is must or not

Pls guide line.

Avinash bhavsar


Nikhil
21 May 2011 at 19:12

ARE 1 or ARE 3

I am doing deemed exports to a company in india (Which exports the goods inturn) For this I am issuing a ARE 3 form.

I am doing a direct export outside india. For which I am issuing ARE 1 form.

I want to know whether I am correct in both the above mentioned situations.

Regards

Nikhil Gandhi
Bangalore


prashant

We have to be supplied the consignment under Mega Project Policy called as Deemed Export.
But by mistake we have already supplied the consignment in the month of Feb-2011
However, at the time of dispatch supplier has not issues PAC.
Now supplier is asking for Declaration for claiming Deemed Export Drawback

Pl. gives your valuable opinion on the same.



Anonymous

We are executing contracts with oil companies which involves supply,fabrication and erection of steel structure.
we buy raw steel structure from market and supply to client at their site of work. We fabricate steel structure as per their requirement and design and erect the same at site.The structure is finally fixed and grouted to ground and nothing is moved out of site. Steel structure fabricated by us is purely for our client use and is not marketable without dismentiling and cutting to scrap.
You are requested to advise us whether it is excisable or not and why?If yes please intimate the tarrif head.






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