What is differance between CVD and Excise Duty?

Does Job work amounts to Manufacture?

Dear Sir,

My query is whether 'Software' is a capital goods under CENVAT credit rules.

If YES, then cenvat credit of service tax paid on it 50% in the current year and 50% in next year.

If NO, then, whether cenvat credit of service tax paid on it can be availed as input service 100% in the current financial year itself.

And whether Output service provider can avail Cenvat Credit on software used in office like ERP or Tally etc.

I WOULD LIKE TO KNOW,WHEN I AM FILING ON LINE ER-1 IN "OTHER PAYMENT" SHEET,ITS SHOWING IN ONE PLACE SOURCE DOCUMENT NO.WHAT IS SOURCE DOCUMENT NO.?

Dear All

AS per our PO terms and condition any statutory variation after contractutal delivery date ( CDD) is to be borne by seller

The rate of basic excise duty has been changed from 8% to 10% wef 26.02.10.

As per PO terms , in cases where CDD was on or prior to 26.02.10 but material dispatched after that that ( eg in March). Seller is giving us invoice of 10% excise duty but we are paying him only 8% as per PO terms

Query is whether we can take the credit of whole 10% in such cases or not or it will be restricted to payment amount of 8%.

Please advise with relevenat laws, if any..

Thanks and Regards

Kamlesh Chokhani

DEAR FRIEND

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Thanks

Reply soon

one person known to me is doing printing business .he prints books & other documents. raw materials are purchased by him only. he charges VAT on bills too. my query is whether excise duty is applicable or not.

We are mfrs in ap, constructing factory (still under progress), purchasing plant & machinery, equipments & taking consultancy services & others.
can we take credit of eligible excise duty & service tax and suggest accounting entries.

Hello, i am doing the audit of the company where there is a policy of providing for the income on Loan License production depending on the stage of completion like under filling stage 40%, Packing stage 75% etc. Is it necessary for providing excise duty on such income.???
If it is necessary, then do i need to provide on full income or proportionate income.

Dear experts

We are manufacturer and registered with excise.I want to know can we avail credit on folloiwng services?
(1) Bills of CHA on for service of exports consignment.
(2) labour supplier bills.
(3) Bills for Miscellenous Labour work

Request you to experts give guideline on this matter.

Thanks
Sandeep