We are trading company ,purchasing material from a vendor .we want finish product with our brand with packing but vendor want packing material like ,label,brand box for it how we treat it in excise ( mainly cenvet credit).
1) when we purchase packing material from packing material vendor . and then send it to our vendor .
2) when we purchse packing material from packing material vendor invoice to our company and dispatch to our vendor.
wat would be the process of taking cenvet credit in both case.and if we follow first point how to send packing material to our vendor.?
My auditee is a manufacturing company and selling goods in india and export to nepal..
my query is that this company is exporting to nepal on rebate scheme and when they have exported the goods they have paid the excise duty on the same and they will claim subsequently rebate within 1 year from the CBEC.
They are paying monthly excise duty after availing cenvat credit on the same, but in cenvat credit both part of input are available like for good manufactured and sell in india and export goods.
so my question is once they are taking rebate, so they cant take cenvat credit on that input part which they are taking in production of export goods.
kindly reply...
Regards,
Chirag
Hi,
I am working in chemical co. In our company, we are prepared sales invoice in KGS. but now due to some reason (customer conflict), can we are prepare a sales invoice in Ltr.
Any effect in Rules of excise?
Any procedure for that(Change Kgs into Ltr)?
Can we menson in Label both Kgs. & Ltr.?
pls guideline. It's URGENT.
If a company/firm is involved in jobwork as well as sale to its customers, then whether it is entitled to the credit/refund of excise duty? What is the situation if the company/firm is doing jobwork alone?
If a manufacturer is liable to excise duty at nil rate or he is manufacturer of exempted good and he is chargeable to VAT. Whether he will issue TAX INVOICE or RETAIL INVOICE or BOTH?
If a manufacturer is liable to excise duty at nil rate or he is manufacturer of exempted good and he is chargeable to CST. Whether he will issue TAX INVOICE or RETAIL INVOICE or BOTH?
Respected experts
first of all,
I want to explain the whole situation then I will ask the question
1)we are manufacturer of soya bean oil and having our own plant.
2)We are having Central excise registration as well as service tax registration.
3)We are taking GTA services along with other input services like engineering services, legal servises, professional servises.
4)As we are taking GTA services, we have to pay ST on these services for which we are filing ST 3 also
Now my questions are:
1)can we utilize the service tax pay on other services in paying ST on GTA services?
2)As we are filing ST 3 for GTA services, can we show credit of ST taken on other services in the same return?
3)i think we will file ST 3 only for GTA services and will not show any credit for other services in the same return. We should show the credit of other services along with GTA services in the excise return as our input service credit. Am i correct on the above?
this is my request to all my respected experts to give full and elaborated solution on this problem.as i m totally confused and having some disputes with my senior on this matter.
With regards
Rakhi Govil
Respected Experts,
I want to know that which central excise officer will provide NOC for single factory stuffing permission.means to whom we should file the application for the NOC?
Please give me the proper designation.
Thanks
With Regards
Rakhi Govil
sir what is system of refund of excise duty in case export ? if......
1 sale with excise duty ?
2. sale without duty ?
I am a manufacturer of Narrow woven fabric (CETH 5806) from Plastic granules/scrap. Narrow woven fabric is exempted under Central Excise Tariff. During the manufacture process, an intermediate product namely synthetic multi-filament yarn(CETH 5402) is obtained.We use this yarn wound on bobbin in the manufacture of narrow woven tape. We do not sell this yarn. This yarn is a complete product in itself except coning. This yarn is available in the market wound on paper cone( packing ) .Without paper cone yarn can not be sold.However this yarn has a life of few months and a complete product. Some of other units have sold this yarn in the market. If this yarn is to be sold in the market then, then a paper cone (packing) is to be used and if used captively then no paper cone is used instead a bobbin is used on needle looms to use yarn in the manufacture of narrow woven fabrc. My question is whether we will have to pay excise duty on synthetic filament yarn captive consumed without use of paper cone(packing material) captively used in the manufacture of narrow woven tape and we will have to seek excise registration. Please tell some relevant judgements/circulars. Please reply quickly as excise officers are pressing hard.
Thanks and regards ,
Harish
I have warehouse outside my factory premise which I used to keep input goods [Warehouse is not at all used for storing finished goods removed from my factory].
Is it required to get warehouse register under excise laws?
What will be the implication if I do not get warehouse registered, if warehouse requires registration?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
treatment of procedure in excise