what is cenvat credit rule 3(5B)
how it apply
machinery purchased from manufachurer & paid excise duty on that machinery & now transfer that machinery one unit to onother unit. Is excise applicable on that transfer of machine? Please send answer with applicable rule of excise act.
Hello Sir I would like to know what Excise duty Rate will be charge in Chemicals?
Thanking you
Hi All,
Can Any one help me by providing ''filled models'' of the following Central Excise Forms.
1.RG-1 register, i.e. daily stock account of excisable goods;
2. Form-IV register of receipt and issue of raw material;
3.Personal Ledger Account;
4.Invoice book.
5.Job work register
6.RG-23A Pt.-I – entry book of input receipts;
7.RG-23A Pt.-II – entry book for taking credit of duty paid on inputs;
8.RG-23C Pt.-I – entry book of capital goods received;
9.RG-23C Pt.-II - entry book for taking credit of duty paid on capital goods;
10.Record of inputs sent for job work outside the factory under Rule 57F(4);
11.Record of inputs received in the factory for job work;
12.Challan book under Rule 4(5)a for sending inputs or partially processed inputs for job work;
13.Challan book for sending capital goods for tests, repairs etc. under Rule 57S.
14.RG-23D – record of receipt of duty paid goods and issue thereof;
15. ER2
16. ER3
17. ER4
18. ER5
19. ER6
20. ER7
Anyone Please??
Its Urgent!!!!
Dear Sir,
Whether power generation liable for excise duty? If it is exempted, is it compulsory to get excise registration under central excise act? Please clarify my doubt.
Whether State Level Sales Tax applicable on power generated and sold to power grid?
Our company started construction of captive power plant, it is Thermal Power Plant.
Requesting you all please clarify my doubt with relevant notification or sec. numbers.
Thanking you,
Swamy K.
What is the rules regarding credit taken for capital goods ? while it was fifty percent adjustable in current year and remaining 50 percent in next year. what is present rules please provide notification.
dear experts,
we had imported a machine on lease in may 2007 and paid the custom duties including CVD. we had availed the cenvat credit of CVD (i.e. 50% in 2007 & 50% in 2008). Now we want to return it to the exporter from whom we had purchased it. we have not used that machine.
Pls let me know the whether we have to reverse the cenvat credit under rule 3(5)or not. pls also clarify what if we have used that machine.
this is urgent please.
Dear Experts,
We are a Lead Acid Battery Manufacturing Unit.We are selling Lead Acid Batteries to our customer. And after the end of the batteries' life we take back those batteries from customer. The life- end batteries we are sending to SMELTER.The Smelter recover the old lead from batteries and make Lead Ingots from batteries.
Now my question is wheather this type of activities is under job work?
Kindly explain me
Thanking you,
r
Whether ultimate buyer will get CENVAT credit in following case and if yes, how?
Example
There are three party involved in transactions.
A (based outside india and trader)
B (Based in india manufacturer)
C (ultimate buyer based in india)
Suppose A buys excisable goods from B and sales it to the C.
B invoiced to A and A invoiced to C.
Goods directly moved from B to C.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
rule 3(5b)of cenvat credit 2004