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Dhiraj Manandhar
17 February 2011 at 12:48

Removal of Input

Pls. clarify what is the procedure for removal of input as such after availing Cenvat Credit under Excise and also procedure for removal of input as such not availing cenvat credit.



Anonymous
16 February 2011 at 14:29

MRP-Excise

THIS IS REGARDING MRP BASED EXCISE VALUATION:clarification needed.
1)whether all chapter goods covered?

2)whether particular chapter i.e. chapter
65--- related to hats,head gears,safety
head gears etc also covered?
3)if MRP based valuation what % of abatement/discount available to such products?



Anonymous
16 February 2011 at 13:52

Tax Invoice and Excise Invoice


Dear Experts

Can u explain the below invoice types

a) Tax Invoice

b) Excise Invoice

C) Retail Invoice



Anonymous
15 February 2011 at 12:06

Excess Cenvat available

Dear All,

My Company having in cenvat balance in crores in every month. The comany sale only Domestic.

my question is How to utilize the available balance (It should be increase in every month)

1)My company No Export so no rebate
2)No 100% EOU/SEZ Sale
3)100% Sale only Domestic Purpose


Regards
Yogesh
9765402179


HARISH
15 February 2011 at 11:35

cenvat on capital goods

Respected Sir/Mam,

We are availing excise exemption under notification 08/2003 upto 1.5 crores of clearance.
We have purchased some machinery on 26.03.2010 & some machinery in the 2010-11. Our sale will cross 1.5 crore soon. Can we take the benefit of cenvat on machinery purched in 2009-10 & 2010-11. & what will be the base to calculate the Cenvat.

I also want to know that what I should Do When our Sale will cross 1.5 crores, Should I intimate the excise office. Please Guide me.

Thanks & Regards
Harish


seshadev sahoo
14 February 2011 at 18:08

Captive

A manufacture/Assessee of Flexible Packageing Unit, Which has no/little value of Rejected material. Because it had produced for a specific Custome or party. If a customer reject the material which disposed by the Assessee in its own consumption like burnt the material for its own power generation or utilised further asistance of production. So is it necessary to pay the duty on its disposal which phisical output is Zero.


srinivas Ganesh Shet
14 February 2011 at 17:01

non filing of ER 1

please let me know
what is the penal proceedings for the non submission of ER1. IF delayed by 2 weeks
if there is no duty liability
when i filed ER 1 by using OFF line excel utility for jan 2011, after one working day i came to know that the return has been rejected since there is miss match between my reg no and what is there in database of aces.in aces data base my reg.no is different by one charecter and name also differce by one charecter
now excise officer asking to file manual return and pay fine
this is not a willful late submission,
now how to proceed, please advice me


RAJU KOLIPAKA
14 February 2011 at 16:21

duty exemption certificates

dear sirs,
how to Treat Duty Exemption Certificates received by a Small Scale Industry Manufacturer. Is these to be included in the Value of Clearances of the unit and these form part of the Exemption of 4 crores turnover or should it be included in the exemption limit of 1.5 crores which is allowed in current year. what is the procedure to follow to register the unit with Central Excise

thank you



Anonymous
14 February 2011 at 16:09

Query Related to Excice Credit

Dear Sir/Madam


I am doing audit of a manufacturing company my query is that this company is purchasing rowmaterial on which suplier is not charging excise he is only charging CST,but the comapny is taking excise as well CST credit on this goods


I want to know whether it is correct or not?

Is there any provision that comapny can take excise credit only if suplier is charging excise on the invocie /


SIDDAROODHA HIREMATH

Respected Sir,



Sub: Applicability of Excise & Sales tax, Vat on Sale of Water


With reference to the above cited subjected we have received one request letter from Quest Co near Hattargi situated in SEZ area.

We are having D.Minerlised water plant in HLL Life care Limited kanagala As per the request we are going to Sale of excess D Mineralized water to the above company near about 1500 ltrs per day. Party is going to collects the water their container from our factory. Hence pl confirm the applicability of Central excise duty , Central Sales Tax & Vat (other applicable statutory things) on us for saleing the water to others, which is situated in SEZ area.

Matter most urgent. Pl reply immediately.


Thanking you,







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