My client producing rubber products by way of two processes. He carries out first process at unit 1 and transferred the semi finished goods to next processing unit, which covered under centralized accounting and single registration coverage.

My question is whether for such transfer, unit 1 has to prepare cenvat invoice under Cenvat credit rules?

Besides that, in case no need of such invoice formalities, what is the document by which goods need to be transferred?

we are manufacturer of edible oil so is there any change in rate of duty and notification for spent earth?

we sold a machine to one of our customer under epcg scheme & raise the bill as
Base Amount 100+Excise 10.3%=110.3+2%CST=112.50-Excise10.3=Rs-112.3(Net bill).
Where as customer is telling that since Excise is not applicable there for invoice should be Base price+CST.our view is that since this is not a Zero duty product we got the reimbursement from DGFT only for excise duty hence our billing is correct.
Kindly help me whether our point is correct our we have to charge CST only on base price.

Dear Sir,

As we know, in finance budget 2011, 130 items were brought under the list to pay excise duty of nominal 1% of value.

This notification date is No.1/2011 of 1st March,2011.

From which date (1st march or 1st april) we have to collect and pay excise duty?

In notification, no date of applicability.

Please clarify?

Dear All,

I wanna know that can any exporter avail the exemption of excise duty on the raw material which is used for manufacturing the export goods.


Regards

Two companies are merging with together.
Company A has two units having excise and service tax registration. Company B is having two registration. One unit of each company is located side by side and other units are at different place. Please help me how to go for new registrations for excise and service tax

when there is sale to subsidiary company...
for the purpose of valuation os assessable value for excise duty, which valuation rule will apply

can a subsidiary be treated as interconnected undertaking alon,
or does holding and subsidiary be called as both interconnected undertaings as well as mutually interested.

in first instance as per rule 10 - transaction value is taken as AV

in 2nd case where it is both interconnected and mutually interested. as per rule 10 - rule 9 principles r followed....

so which rule is to be applied...

I am small scale manufacturer having turnover less than 1 CR.
1.IF i am branded goods manufacturer,Do i am comes under for excise duty and is it necessary to excise numer.
2.IF i tags plain (white)label without any logo, name, symbol or sign, do i am laible for excise duty and do i comes under branded goods manufacturer.

Dear All
What will be the value of inputs including packaging material and components used for manufacturing on witch CENVET Credit Availed (value as per purchase invoices or import document excluding all taxes)-Plz Refer ER-4 Para-3 - Detail of Expenditure

Either it will be basic amount or including excise duty and transportation cost and other direct cost incurred on purchase of material .

Your immediate action will be appreciated
Thanks

Our co. turnover is rs. 2 cr. Out of this 2 cr . Rs. 1.5 cr is export.



Another co. whose total turnover is Rs. 1.25 cr out of which 1 cr is export.

Do i need to get register in excise?