Dear All
I wish to share that the basic requirements for levy under MRP based valuation is that the goods should be covered under provisions of Standard of Weights & Measures Act.

The query is : if we are a dealer and import some small electronics items and we sell it in open markets affixing MRP sticker through appointed dealers. And we are passing the duty to dealers as the dealer do.

Can Section 4A will be applicable on us or the registration may be invoked by the department?
Please guide us according to Standard of Weights & Measures Act. Also guide us where is compulsory to affixing MRP . Can a Dealer affix MRP sticket.
Regards

Dear sir,
1.Due to some unavaidable accident( like fire) some semi finished good, raw materials and capital goods destroyed.Before going to insurance claim is it necessary to reverse the cenvat credit on the damaged goods.can we claim on the total value including excise duty. please provide the procedure and the notification regarding this issue.
2. Can u avail cenvat credit on iron door, electrical lamp, electrical pannel and cable wire as capital goods

I have a company that takes orders in India. We have stock in the USA. We ship it from the US on receipt of money in our bank. The shipper on record is my supplier X. The invoice is raised by me Y. The consignee is the end customer Z.

The invoice is billed to Z by Y in USD and INR equivalent in the invoice. The shipping documents have X as the shipper and Z as the consignee. I do have an invoice from the supplier X to me Y in USD. There is a 4% markup in my invoice to the end customer.

Is this counted as a high sea sale ? I guess not as the sale is before its shipped out. Is there anything wrong in this transaction ? Am i allowed to do a sale prior to receiving the goods while they are in another country ? What are the tax implications ? Basically my objective is to make the end customer the importer of record.

we r manufacturing company (register in Excise)starting also trading
Part of our premises which is NOT REGISTERED UNDER EXCISE)

Now we are going to start these transactions we have to provide PACKING MATERIAL to our supplier ( as the goods will be packed by them & also duty paid on MRP, by supplier). PLease let us know how to send packing material to the supplier-

1. F.O.C basis on reversal of CENVAT.

2. Sold to them and adjusted the same in Product Price.

3. Packing Material directly supply by Packing material supplier and invoice to our Manufacture company
pls help

Steel Scrap is the raw material for a product that a company is manufacturing. Steel scrap was purchased (imported) in the year when excise duty was 16%. Credit for excise duty was taken at that time.
The scrap remained unused and was sold in the current year. Whether excise duty is chargeable on such sale of scrap?

All,
If we bill cancelation time and corection time what step should take
please infirm me.


Best regards
Soarstag

What are the central excise tariff rate for polymer products and for cast iron products?

Dear sir,
a debit note is being raised against a manufacturer for charging excess rate than agreed. will we be able to reverse the input credit availed at the time of original purchase and pass it back to the supplier.

Rgds

Dear sir,
ours is a newly established manufacturing company What is the turnover up to which requirement of excise registration is not required.

Coca Cola India Pvt Ltd. v. CCE (2009) 15 STR 657 (Bom)

the def of input service uses the word "means".by the expression "means " it implies tht it can cover all the cases

in the Recent case law it's said tht .

by the word means",

these are made exhaustive

EXHAUSTIVE (complete/in detail) can we use inclusive [including all] in place of exhaustive