Dear Experts

Can anyone explain the procedure for Transfer of machinery from one plant to another plant in different state for production purpose.What is procedure

Dear Sir

i would like to know whether below activity considered as manufacturing or not.

1.whether Compressing and bottling gas is considered as manufacure? will excise duty be applicable on it?

2. Preparing exercise book from paper? (i heard there is notification which exempts printing activity from manufacture.)

please reply it urgently.

Thanks
CA Hiral

Dear Experts,

Service tax input is not taken from last 6 month under ER-1 monthly returns,My query is shall i take that credit now or what is the procedure,

pls clarify

Tell me credit note and debit note in case of excise is a reliable document or not can we raise it or not

We are dealing in regulated market. for which initially we need to manufacture product and packed with plain packing material and register the product in respective countries. We treat these packed products as semi-finished because
1. These are not saleble products
2. Packing is with plain materials this means packing is not as per commercial requirement.

Can we store such semi-finished goods along with other finished goods which are for commercial purpose in Finished Goods Warehouse.

Dear Sir,

1.We have purchased a capital goods in the year 2005, we have taken the CENVAT credit as per CE rules. Depreciation also claimed on the said gods excluding the CENVAT amount.
in 4 years the value of the goods become nil after depreciation charged. Now we want sell out the same, How to sell it and what impact will come on CENVAT amount?

2. We have to separate companies. i.e one sponge iron and power. The entry gate is same for the both unit. Now we are procuring the same raw materials for the both units, How we shall take credit for the said RM in an Invoice issued by the supplier?

Whether landing charges levied @1 % on good Imported are to be included While recording an entry either by claiming as an expenses or not?

Foe Eg:

Assessable value : 4500
Insurance Rs 150

Total value 4650
Exchnage rate : 45

Rs 4650*45 = 209250
Landing charge = Rs 2092

Total Rs 211342 /-

Excese Duty

Please tell me entry for what amount to be recorded in tally and what about landing charges.

Dear Sir,

We Are Registered Dealer Under Central Excise : Aaacb3552dxd001 On our Regd
office Address B-11, Wadala Udyog Bhavan, Wadala, Mumbai - 31 (As Our Place
Of Business) And Our Godown At Plot No.1, Agarwal Udyog Nagar, Vasai East,
Dist Thane. By Worli Excise range - Mumbai Commissionerate

Our Godown address was mentioned on Earlier Certificate (old before 2001)
and after that on new certificate there was no godown address place it was
issued on our wadala address. We have confirmed with the Excise officer that
there is no system of mentioning godown address on certificate.

We prepare or generate invoice at our Wadala address and send the invoice
for delivery at our VASAI godown. We keep all our records at our Wadala
address

Now we want to keep records at our Wadala office and we want to prepare
invoice at godown only.

In this situation can we continue this number only or we have to take new
excise number and surrender old number,

What is the exemption limit in case of Excise upto which no requirement to pay excise??

Invoice has been raised with excise duty to party and goods has been delivered to party...after one month a credit note has to be issued to party for rectification of higher rate wrongly charged. what will be the effect of excise duty on credit note whether credit note has to be issued inclusive of duty, if yes then what will be the impact of cenvat on both parties...