We are a registered unit under Central Excise & in FY 2010-2011 our Excise Duty payment (CENVAT + PLA) exceeded Rs.1.00Crores for the first time.
Now, we have to file ER-5 by 30Apr2011 & in this respect my queries are -
1. whether the information in this ER-5 relates to previous year (FY 2010-2011) OR relates to current year (FY 2011-12) ? In other words, whether it relates to previous year's performance or current year's estimation ?
Please provide guidence.
Sir, We are traders and we buy the paper which is manufactured in india and pay excise duty.Now we would like to export the paper. Now i would like to know whether we can claim any central excise exemption. or Reduction in the tax rate
SIR,
I AM WORKING IN A MECHANICAL CONSTRUCTION CO. WE PURCHASE STEEL & AFTER THAT FABRICATE IT & USED IT IN MECHANICAL SERVICES IN REFINERY.
I WANT TO KNOW THAT WHETHER WE CAN TAKE INPUT OF EXCISE DUTY PAID ON PURCHASE OF STEEL WHILE PAYING SERVICE TAX.
IT'S URGENT PLEASE REPLY.
Sirs,
what is the excise rate for pumps is there any difference in central excise rates
1.Whether the manufacture of Namkeen is
excisable or not?
2.If no,then what is the treatment of Excise Duty
paid on raw material purchased for the
manufacturing process. Will it be the part
of purchase cost?
3.Or the VAT paid on the purchase will
be eligible to be set off against the VAT
paid on sales?
Dear Sir,
Whether 100% cenvat credit be availed on goods which tariff heading is as per excise tariff is input goods but we treat in our books as capital goods.
what's the procedure of getting 'c' & 'H' Form from sales tax authorities by a Purchaser ??????????
We have imported a machinery from china. We are manufacturers as well as service providers.the bill includes basic custom duty, cvd and additional duty of imports@4%.
I am aware that No cenvat on BCD is available. With respect to .CVD and additional duty of imports I want to know whether it will be available as 50% in the first yr and balance in next years or entire 100% in the first year itself.
85015210 Squirrel cage induction motor 3 phase type (10%)
Converted & transferred to the assessee as
84029020 parts of water tube boilers (10%)
is this a change that can be treated as manufacture.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
ER-5 Filing