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prashant
03 May 2011 at 11:39

Scrap Sales

Pl. provide your valuable opinion whether below material is excisable or not

High Tensile galvanised steel wire
MS Binding wire
M.S. Mixed
Plastic scrap
MS belts rolling mill scrap
wooden scrap battens etc
MS Barrels
Used Oil Scrap
Paper Scrap

What are the excise duties & ass. value to be declare on above.


Praveer
02 May 2011 at 16:52

Registration

Rule 9 of CE Rules require persons dealing in excisable goods to get registered.
One person buys goods directly from the manufacturer but does not want to/have to issue excisable invoice, will he have to take registration ?? The person seems to fall in the category of 1st stage dealer as per strict defiition of the same in CenvT Credit Rules.
There is an exemption notification 36/2001, but it excludes 1st /2nd stage dealer.
Please suggest with relevant circular/notification.
Thanks & Regards


Hitesh Hargovindbhai Mistry

Dear Expert,

May i Know, suppose we have not paid a excise duty ( I will pay duty next month)
Can i file ER-1 Return?

If delay of filling the return (ER-1) how much penalty we should pay?

How much(%)interest we should pay for delay of pay of Excise Duty?



Anonymous

SIR,

I AM ADVOCATE TAXATION MAINLY INCOME TAX N VAT, NOW I WANT TO START EXCISE AND SERVICE TAX FIELDS, MY QUALIFICATION IS PGDCA,MBA,LLM

THERE IS ANY COURSE OR BOOKS OR ANY MATERIAL SO I CAN UPDATE MY KNOWLEDGE.
OR HOW TO START PRACTICE IN THIS FILED......

THANKS & REGARDS
ASHISH KAMTHANIA
09258010105
kamthaniya@gmail.com



Anonymous


SIR,

I AM MANUFACTURER OF THE FOLLOWING ITEMS IN DISTRICT RAMPUR :
1. LIQUID BLUE (NEEL)
2. TOILET CLEANER
(THE ITEMS I WILL MANUFACTURED IN FUTURE)
1. WASHING POWDER -
2. HAIR OIL

SO, PLEASE GUIDE ME THESE ITEMS IN COVERED IN EXCISE DUTY OR EXISE FREE......

I WANT TO TAKE REGISTRATION IN EXCISE OR NOT......


IT IS SO URGENT....

THANKS IN ADVANCE

THANKS & REGARDS,

ASHISH KAMTHANIA
09258010105
email : kamthaniya@gmail.com



Anonymous
02 May 2011 at 14:12

FOR QUARTERLY RETURN

HELLO SIR
KYA KOI MUGHE 10 LAKH SAE KAM SALE KARNE WALE M/F KI RETURN QUARTELY KARNE K LIYAE KOI LETTER EXCISE DEPTT. MAI 30 APRIL KO DETE HAI WO CHAYIAE.
PLEASE HELP ???????


prerak
02 May 2011 at 10:59

CT-1 Bond

What is the Full Form of C.T. - 1 Bond in Excise?

What is the use of CT-1 Bond?


CA. ROHIT GUPTA
02 May 2011 at 10:23

Rule 6 of Cenvat Credit Rules

Hi


I have one query. I was going through Cenvat Credit Rules, 2004 post Budget 2011

Rule 6(2) allow us to Maintain separate inventory and accounts of receipt and use of inputs and input services used for exempted goods/exempted output services .

This rule is silent on common services used for proving both taxable as well as exempted output services.


Here if we are having services that is used commonly for providing both the taxable as well as exempted output services, can we take credit of ST paid on such services if we are following option under Rule 6(2)?


(Rule 6(3)(i) / (ii) / (iii) options are available only if we are not following Rule 6(2).
I don't think we can follow both Rule 6(2) as well as Rule 6(3)(ii) at the same time. We can follow only one option at a time.)



Please advice.



Also, Rule 6(5) has been deleted. How can we claim credit on such input services now?

Looking forward for reply.


Sushil Kumar Shaokand
02 May 2011 at 10:01

packing

pls see the process-

1. purchase of material A &
purchase of packing material
/
/
2. packing of material A in packing material
/
/
3. sale of packed material
//
the query is that- is any where the excise duty leviable or regn with central excise required ?


vijaya kumar

Please clarify,
Amount of Cenvat credit eligible in case the supplier EOU clears / assess goods without availing exemption under S.No. (2) of Notification No. 23/2003-CE.

(PS. Rule 3(7) of CCR,2004 prescribes admissible Cenvat credit in respect of goods cleared under S.No. (2) of Notification No. 23/2003-CE. only )

thanks & regards,

vijaya kumar






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