Dear Expert
Our company have imported some machinery and paid excise duty there on ,that machinery will be directly involved in the process of production
Is that custom duty paid will be available for credit while making excise return .
If yes to what extent
Thanks

Dear Expert
If goods produced and dispatched and excise duty calculated there on ,
what will be the treatment of excise duty when some of the goods returned after a period say one months , either excise liability will be reduced by that invoice 's excise duty , if yes within what period .
Thanks

good morning to all expert,
plz tell me if my firm are not register in excise & i am fill my quarterly excise return late deposit after due date. than how much i will paid panelty.2000 or 10000

Dear Sir

We have despatched our material to Australia in December 2009 through our clearing agent at bangalore, The consignment is despatched but the proof of exports is with our clearing agent only, he had not send it to us and on 23rd of Feb 2010 there was a fire accident occured in his office and our proof of exports documents is also get burned. Now what we have to do for submitting it to the Excise department as we have to renew the LUT for exports for which they are aking Proof of exports.

Rafiq

Dear Experts,

Can any one explain briefly the sections given in ER-1 online filing under Other payments & Source No.

Thanks in advance

Hi,

As per rule 6, the manufacturer of dutaible & exempted goods shall maintain the seperate records for inventory & take the CENVAT credit involved in the input used in the manufacture of dutiable goods.

If he does nto maintain the seperate accounts, then plz suggest what will be the cenvat treatment considering the following example

Example :- Co. ABC is producing Goods A(Dutiable) & Goods B(Exempted). The turnover is 60 for Goods A & 40 for Goods B.

Dear Experts,
If a mfg. has final product exempt from Excise duty, then:
1) what is the traetment for its Excise inputs paid on purchase?

2) What is the traetment of Service Tax paid paid on input services paid?

3)Beside adjustment of Service tax with Excise duty, can the Service tax input can be adjusted with Service tax output, and the balance /excess input service tax remaining be treated as expenses and debited to P/L account seperately?

Thnx in advance.

Dear Sir,

We are manufacture of Transmission Towers and Parts thereof under Central Excise Registration falling CETSH No. 7308.20.11.

We have received the order from PGCIL for supply of Trnasmission Towers and Parts thereof. In order to meet the Targeted dead line of the customer and due to shortage of space of erection of this Galvanised Material at our factory premises, we will therefore be clearing the Galvanised Material (Finished Goods) on payment of duty on transaction Value to the Self as Consingee for Model Assembly and Dismentling process at rented location of our self.

After completion of the Inspection process from the Customer, we will dismentled the same and all Galvanised Material will brought back to our Main Unit for further processing and onward dispatched to the customer on payment of appropriate duty.

Kindly advise on the following matter.

1. Whether we have to clear the Finished Goods on payment of Duty to the self as Consingee ?

2. If yes, then what is the Central Excise Rules ?

3. Can we avail the Cenvat Credit in our Excise Register on the same Invoice after completion of Process?

Kindly advise in the matter.

Thanks

I requested to know that in ER-6 Return in the table it is asked consumption of principal inputs & finished excisable goods, whereas what about the semi-finished goods and where the details should be included whether in RM as the goods are not finished or in Finished goods as the goods are not in the shape of RM - Kinly clarify

Regards
D S Prasad

Duty calculation of Pan masala shall be done under which section or rule and why?
Sec. 3A with notification 42/2008 dated 1/7/2008, or
Rule 15 of Central Excise Rules, 2002 with notification no. 38/2007 dated 19/12/2007