WE ARE CLEARING INPUTS AS SUCH AFTER REVERSING THE DUTY TAKEN BY US TO OUR ANOTHER UNIT. DURING THE COURSE OF AUDIT THE OFFICIALS DEMANDING VALUATION AND DUTY ON 110% BASIS THEY SAY THAT WE CANNOT CLEARED INPUTS AS SUCH TO OUR OTHER UNIT AS IT IS RELATED WE HAVE TO PAY DUTY ON 110% VALUE. PLEASE ADVISE & CLARIFY REGARDS,

SIR I WANTED TO ASK WHETHER EXCISE DUTY IS TO BE PAID BY AN EXPORT ORIENTED UNIT ON DOMESTIC TARIFF AREA SALE OR NOT. THE UNDERTAKING IS ENGAGED IN EXPORT OF SOFTWARE SERVICES AND REGISTERED WITH STPI AND IS HAVING A DTA SALE ENTITLEMENT FROM CENTRAL EXCISE

Sir,
i have so many confusion in excise,custom & service tax relating to the common topics(i.e sez,100%eou,cenvet rules,ssi,import & export etc)
So can you give me a comparative analysis of all the common issues in all these 3 chapters of indrect taxes.
I will be greatly oblized if you help me in this aspect.

Dear Sir,

Last year (2009-10) We have Purchased machinery. and taken the 50% credit of cenvat.
and now can we will claim for depreciation on the same ?

Pls help.

Thanks & Regards,

Rajendra Ahire

If a factory brings in some capital goods but does not take cenvat credit in the year of its procurement, can the factory take 100% credit in the next year?

Illustration :

Procurement of Capital Goods - April 2008-09

No Credit taken in 2008 - 09 0r 2009 - 10

Can the factory take 100% credit in 2010 -11 in one entry in the credit register?
or, what should be the manner of taking credit in this case? Please cite Rules and notifications.

company is exporting EOT crane to saudi arabia. i would like to know weather we can claim exemption or concession on payment of input excise duty.

I want to learn excise, please suggest me the way to learn easily.

Does drawing of Wire to lesser diameter wire amount to manufacturing. Please state relevant rules/judgement.

If certain goods are exempt conditionally whether their removal/deemed removal will require excise invoice. Please quote relevant rules or judgement.

A co. manufactures commodity X which is excisable. Commodity Y is the intermediate good produced during manufacture of Commodity X. Both commodity X & Commodity Y are excisable. As final goods are excisable vide notification No. 67/95 commodity Y becomes exempt. My query is whether excise invoice will be required to issue commodity Y for manufacture of commodity X although no tax involvement is there and commodity is not removed from factory.