suppose one of the SSI unit or small unit which are not registered as SSI, purchase machinery and paid excise duty alongwith cost.unit not registered under excise act, unit borrow money from bank at higher interest rate to purchase machinery , in this case small scale unit which not get any benefits for excise paid on capital goods because unit is not registered.
please tell me way how such excise duty burden reduce by small scale unit.
loss for SSI: No Cenvat Credit and also cost increase due to Excise Duty on Capital Goods and also interest on loan from bank
please help me how i reduce loss.

Dear All,

I am working 4 a manufacturer company and they are enjoying some tax holidays of five years, and they are manufacturer group and producing some Exisable Product and not filling their monthly returns. So please guide Is there any offence or is it allowed or they have to file their nil excise return. Please reply

Atul

panelty of non registration 10000 what is the matter
regards
raju

If a company is pure trading company , registered under central excise act & just passing on excise duty according to QTY. should we include excise duty in valuation of closing stock ?

respected to all of expert,
plz tell me what will panelty to late deposit quartely return of excise. it is not more than 2000 or 10000
plz sir reply so soon

regards
raju

Dear all experts

We are manfuacturing unit and using facility of ACES.

We are exporting material on through self remove procedure and taking signature of Inspector and supritendent of c.excise within 24 hours of exports.Now my question is that
(1) Can we use this facility through ACES?
(2) Rebate can file for export throgh ACES?
If yes how can we go through ACES facilty?

Request to give guideline and oblige.

Thanks
Su

Dear Experts,

We are the manufacturers of the Paper, and we have dispatched a certain consignment, on issue of certain exceise invoice on 31 st of september. The duty in the invoice was paid within the due date. On 10 th october, the consignee replied that the material described in the invoice was wrong and thus asked for a new invoice.

So i was required to cancel the same issue a new one. Now, the question is that how should retake the credit on the same, and whther i have to pay th eduty again on the new invoice

we have received bill from France, for installation charges of machine in india
pls suggest us for tds rate & we liable to pay service tax or not

Dear all expert

We have sent goods to SEZ unit after debit a duty(On a claim of rebate) with ARE1 and received back ARE1 copy with endorsment of local govt.authority of SEZ in back side of ARE1.
While submitting documents to excise dept. for rebate claim they are asking for Bill of Export and told that Bill of export is mandatory for claming rebate and our party says that ARE1 is sufficiant for rebate claim.

I want to know what is Bill of export?,Who is preparing Bill of exports?What is movment of bill of exports? How many copy is required Bill of exports?
Request to all experts to give guideline from their knowledge bank.

Thanks
ssu

good morning to all of u .
plz tell me in case of ssi limit is 4 crores & 1.50 crores. what is the means of this lines

regards
raj