We are Software Technology Park registered unit have no local sale and no other manufacturing of other product

Do we need to file ER-2 return required under rule 17 of central excise act 2002

We are Excisable manufacturing unit. I want to update my knowledge about Cenvat on Cap Inputs. Can we take 100% duty at the time of purchase cap goods? I came to know that from FY 10-11 we can avail 100% duty on cap purchases.
Pl reply.

Dear Experts,
Very urgent sir....
If a company or firm or individual carrying in the name of sole proprietor is an Small Scale Industry. One big advantage what the SSI has is non-payment of Excise duty for the turnover up to Rs. 1.5 crores.
My doubts are
1)This exemption is available only for first year alone or also for subsequent years until the turnover crosses Rs. 4 crores?

2)Assume the SSI has the turnover of Rs. 3.5 crores does he need not pay excise duty for Rs.1.5 crores provided all the conditions for claiming exemption in excise duty has been fulfilled (such as not using others brand name etc)

With regards,
Rajesh.

hi to all
mr x steel is denied the benefit of a notification under which excise duty exemption is granted to steel rod manufactures (subject to monetary limit) if cenvat credit odgf duty paid on input is taken.x steel erronously took cenvat credit on input first, but prior to utilization ,reversed the same. is the action of department justified ? can penaltybe levied? reply please , thanx

Dear Sir,

I am serving with a limited company with account department. I will be very thankful if i provided any ebooks which can give me basic knowledge about excise , service tax and vat.

Thanks in advance for the help

prashant Soni

which are duty liability for excisable goods viz. raw-material & finished goods lost in fire i.e burnt?

plzz inform notification or circular of this.

plz reply as early as possible.

hi,
i have one doubt.

we have imported butterfly valves from china. we have not processed it further. we have taken cenvat credit on Cvd, Edu-cvd, Shec-cvd & Add duty. now we are going to sell them. we should pay Excise duty on sale of these goods are not ?

reply please





Regards,

poorani

Eg. If a manufacturer exporter purchases inputs and makes payt to the seller as under:
Rs. 100 + ex duty Rs. 10.30 = Rs. 110.30

Now, after manufacturing process, the excisable product is exported as under:
say for Rs. 500

Querry:
1) Whether i can get refund of Rs. 10.30 paid on inputs under rule 18
2) Whether i have to first pay 10.30% on Rs. 500 which comes to Rs. 51.50 thru challan and then claim refund of Rs. 51.50 under rule 18

Pl. let me know whether i have understood correctly?

Ours is excisable product and we intend to export the same.

Query:
1) For claiming rebate, whether i should first pay the duty through challan on removal of goods from factory and then claim rebate.

2) When can i claim the rebate

Dear Sir,
My name is Vishal Momaya,I am a sole proprietor of a firm dealing in LED based Lighting.My last years turn over was just around 15Lak,Now i am about to finalize a big deal with one big company.They will give me an annual order worth valuation of 1.8CR,in this order i have to supply one light fixture to company which i will get it manufactured and assembled by some other firms. So i want to know that am i applicable to excise duty. Any one who can help me on this matter, please mail me to:- vdm.led@rediffmail.com
Any help regarding this will be appreciable.