C.A. LINESH PATIL
15 October 2010 at 17:10

diff bet

is there any difference between assessable value and value of excisable goods.

thanks in advance



Anonymous
14 October 2010 at 17:06

Excise Refund

Dear Sir,

In August 2010 by oversight we have deposited 55000/- in Primary Education cess instead of Excise duty, so we would like to apply for refund which we have excess paid in primary education cess.

So please let me know the details procedure for the refund for the same.

Regards,
Rohit Bhandare



Anonymous
14 October 2010 at 12:45

Modvat balance

we have cenvat credit balance of excise.
And during the month education cess & surchage is payable.
Can I adjust cenvat credit against surcharge and education cess or i have to pay education cess & surchage. Please help out.


pooja patwari
13 October 2010 at 19:59

Excise register and duty

i need to know from where to get format of excise register to be maintained by a manufacturer and how to calculate duty payable in case of SSI if it has crossed turnover of Rs. 1.5 crores in II quarter only , turnover was below the limit of 100 lakhs in first quarter


Manoj singhal
13 October 2010 at 17:38

payment of duty if export goods damaged

As a manufecturer, if i supply the finished goods for export under bond and goods damaged after removal of goods from factory premises but before export

In this case will i have to pay the excise duty?


Mohit Agarwal

The query is w.r.t Rule 11(3)(ii) of the Cenvat Credit rules,2004.Do i have to reverse the CENVAT credit on inputs if my final product became exempt in 2008 onwards.The unit is a 99.99% export oreinted unit. If not then can I cliam the refund of duty paid on Inputs.


Manoj singhal
13 October 2010 at 10:30

Cenvat credit

As a manufecturer, We purchased input from another supplier.
If we purchased 100 Kg. input from supplier and supplier sent the goods with invoice of 100kg. with value of goods as well as exciseduty.
In my premises i received 95kg.because of 5 kg. loss in transit.
we pay to supplier value of 100 Kg.
Now question is can we avail the credit of 100 Kg. value or 95 Kg.
Kindly reply soon


R.DUTTA
13 October 2010 at 09:32

STOCK TRANSFER.

Dear Friends,

We have a dealer. From our manufacturing unit to dealer we are doing STOCK TRANSFER.In manufacturing unit we put Assessable value for a certain item 4000 and also put Excise duty (ie 10%, 2% and 1%) so after that the assessable value is become 4412.
Now if our dealer put Assessable value 4412 + VAT then we have to pay any differential excise duty? Or our dealer should put assessable value 4000 + VAT.
Kindly conform me
With thanks
Rd


Amit Maheshwari

whether one can claim cenvat credit on service tax paid on premium of keyman insurance policy ? if yes than what is the procedure & conditions? whether any decided caselaw is available in this regard?.........Weather
it is necessary to show the keyman insurance policy premium in COST SHEET AS PER CAS-4 ?


Rahul Dayma
07 October 2010 at 16:15

Trading in Manufacturing Unit


Hello Sir/Mam,
I had a small query. There is a manufacturing unit which purchases colour coated coils from various companies and then by processing them in a roll forming machines converts the coil in colour coated sheet and sells them after paying the required excise duty. Now the company also sells colour coated coils to other companies who have such similar machine or may require the coil for some other purpose. Now my question is does the company have to levy excise duty on the profit made on such trading of coil, even though no manufacturing is being done by it. Or is it ok for the company to sell the coil without levying excise duty on the profit and just passing on the excise duty that was actually received on the purchase of such coil i.e. in a way similar to what a First stage dealer does. Thank you for your advice in advance.
Regards,
Rahul Dayma






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