what is the difference between availing/booking/utilizing credit?

Is there any difference between reversal of cenvat credit and payment of cenvat credit already availed? plz explain this with reference to concept of removal of capital goods as such(provide accounting entries for the same)

A manufacturer of a Marble slab supply its product (Rough Marble Slabs) in concessional rate of duty. But to motivate to party they are polished the Rough marble Slabs in some extent & supply it to party as a sample in free of cost & shown in the Invoice. My question can the supplyer make the payment of duty on it which has no concessional rate of duty. And what extent or ratio it will be free ?.

Thanks

I need....

interest code for making payment through gar-7 challan

interest code for BED - ?
'' cess - ?
'' s&h cess - ?

regards

N.Sivaraj

A capital asset has been purchased on 01-07-2007 for duty paid of Rs.263680/-. It is disposed of on 30-09-2009 as such. Now problem is what amount payable towards cenvat credit already taken at the time disposal ?

As per my view,

Total CENVAT credit 263680
Less:Abatement(2.5%*9)=22.5% 59328
Amt. payable 204352

Is it valid in law ?? If not, plz. reply in detail .

Dear Sirs,
We are importer and just taken excise registration (Dealer's). While filing return, we are facing some problem :

1. NIL Sales return is not filed, validation rejected.

2. NIL Purchase Return is not filed, validation rejected.

3. If import are there, what to fill in "BOE-issued by" and its respective registration no (as per restricated format), because how can we get such restricated format of any company who has exported us the material.

Thanks in advance

What is meant by FSD and SSD and what is this in excise?

I m looking for guidelines for valuation of Excise duty on MRP goods....

hi,
i want to import some plastic engineering items.what is excise duty and import duty applicable on that item approximately.
can anyone guide.

If one EPC contractor is constructing a Mega Power Plant in India for which International Competitive Bidding process was adopted and hence it qualifies for "Deemed Export". Now i would like to know what are the benefits available to such contractor wrt Sales Tx, CST, VAT, Excise duty etc. and how one can claim these benefits?