please guide me...
SSI unit who has just crossed the SSI limit wants to avail the cenvat credit on capital goods which is purchased during the period on which SSI exemption benefit was applicable..

Can it be done for the remaining 50% of credit???

THank U
Arijeet Das

Dear experts
Querry has been raised by audit party during EA2000 audit. We have already paid the amt of said query.Now we have received letter to pay intrest for the same.The intrest amt is also debitted through our PLA a/c.in basic coloum. Now excise authority tell us that this is not proper procedure but you have to pay intrest through separate challan.We also ready for that, but my question is that how can we recredit the amt is alrady debitted for intrest?If we are paying intrest for through separte challan, it is necessary to show this transaction in PLA.If yes, in which colum in er1 and PLA we have to show this credit debit transaction?
I will be thankfull to experts if I will get better guidline.

Thanks
Sandeep

Pls kindly let me know when is the last date for payment of Excise Duty for last quarter ending 31 Mar 2010

The Exemption Notification says that upto the turnover of Rs. 150 Lacs, registration is not required. If the Unit is already registered & its turnover has not exceeded Rs. 150 Lacs, is it still eligible for duty exemption?

As far as I know, SSI Unit is not required to do ARE1 & Bond formalities at the time of export. Is it the case even at the time of factory-stuffing of container for export.

We have a unit as 100% EOU, I want to know whether sale by EOU to another EOU in INR or in Foreign Currency, the said deemed exports can be taken for calculation for NFE
Regards

Girish Mani

Dear ALL

case-1 Pls. confirm when a unit trf. its semi finished goods to its other unit in same area, whether the goods will be ransfered on invoice with excise duty ot on challan,

Case-2 when a unit trf. its goods to other unit in same area for trial run for new machinery, whether the exciseable invoice will be generated or trf. it on the basis of challan only

With regards
Sanjeev Sharma

Can i manufacturing unit covered by excise get the credit of service tax deposited by it on Freight paid on Sales.Also,in case if it sends goods on consignment can it claim service tax for freight paid by it 4 sending goods to consignee.

Hi
We are a battery Manufacturing Unit, registered with Central Excise & Customs. We are sending batteries to our customer in Corrugated box packing. On the Packing Box we are mentioning warranty period, list of accessories, manufacturer address (co Address) etc. We are also pasting a sticker of M.R.P stating that value are inclusive of Tat. We are puting more value thatn our Invoice value.
Now my question is:
1. Whatever we are doing is it OK?
2. If any Central Excise officer find-out that is there any problems are there?
3. If pointed out by any Excise officer/Auditor wheather we have to pay any differential duty?
I request you kindly confirm me at the earliest.
Thanks and regards
R.

We have received an EDEC certificate from our customer. We were told that we should not charge ED to our customer and also reverse the credit for the total amount billed even though our input component costs are much much lower.

If so, this is a double edged sword and is a big loss for the orgn to take EDEC.

Is this true? How should we treat this.

Can I claim refund of custom duty paid on spare parts by seller, if I paid excise duty on Machine manufactured by those spare parts to seller. in this case identity of goods has been changed.