Dear Experts

I had raised lower tax value in the invoice how can i account the balance tax value in my books, Can change invoice it self or some raised debit note. If i raised debit note then how i will show the tax returns. Pls help me

plz tell me...in excise warehousing provision....if warehousing registration is cancelled than..in what time good shall be removed from warehouse???

MY UNCLE IS RUNNING AN SSI MANUFACTURING FIRM, HAVING A TURNOVER OF @ 2.5 CR. THIS IS A PVT LTD CO. HE AND HIS WIFE ARE THE DIRECTORS.
THEY WANT TO START ANOTHER COMPANY I HIS HUF'S NAME. THIS COMPANY WILL MANUFACTURE CERTAIN ASSEMBLIES WHICH WILL BE SOLD TO PVT LTD COMPANY AND ALSO SOME OTHER ITEMS WHICH ARE NOT RELATED TO THE PVT LTD COMPANY. CAN THEY DO IT THIS WAY ?

Resp. sir,
my self rupesh Patange, working in a pvt. ltd. comapany. Our company decided to change factory shed sheet. so we are taking quotation for G.I. Sheet. can you please instruct me, can i take cenvat credit on this G.I. Sheet or not. and also service tax benefit can i avail.

Plesase inform me.
Thanks

Dear All

we are manufacturar exporter
we have one plant for manufacturaing and second only for office purpose
we have three machines in second plant which are doing job work for the first plant
we have excise registration for both the plants

now we want to transfer our three machines to our first plant and want leave our second plant(because of rent deed)

my query is that wht we have to do to surrender my second plant rc

can we get the cenvt credit of machines by transfering them to our first plant on original documents

pls advice

Thaks & rgds

RK Saini

We have purchase Raw Material almost 18 months before on which we have not taken the Cenvat Credit but we have taken the VAT credit under Gujrat VAT and in second transaction we have purchase the material before 3 months and we have taken the Cenvat Credit and No CST Credit has been taken, now we are removing both the Raw Material "AS SUCH" to supplier, My Question is that What type of Documents we are suppose to prepare under Excise and VAT, Its necessary to prepare Invoice under Rule 11 for both the tranasaction and whats are the treatment of the VAT, Please advice me with relevant Sevtion, Rule and Notiifcation under Excise and VAT

If excise duty paid on MRP basis for any goods, so what will be valuation for captive consumption or for free sample,it should be on MRP basis or cost+10%?

Circular 813/10/2005-CX dated 25.4.2005 show it should be cost of production plus 10% but is it applicable on MRP basis product also or is it only for excluding mrp basis excise duty paid product . Please clear this confusion

Dear all

we have a manufacturing exporting unit
we are having the excise retistration

we want to take another plant on rent on the other side of our plant

we want to use it as raw material store purpose

have to take the new registration for this plant

or present plants registration is sufficient for the second plant which is near the present plant

my second query is that

we have corporate office other than our maufacturing plant.have we to take the excise registration for our corporate office

pls advise

Thanks & rgds

RK Saini

I am working in a Automotive Company.
Our Customer has rejected some items out of which we have supplied to them by raising a Invoice and paying Excise duty for the rejected items.Then we can rework some items and supplied to them/ If we cannot rework the items then transfered to Scrap location subsequently sale the items
by raising a Invoice and pay the excise duty for that portion also.

But Excise dept demanded that we have to reverse the excess of excise duty whcih we availed by Customers rejection Invoice and paying through Scrap Sales.

Example : We supplied the items to Customer @100/- and excise duty is 10/-.
if the customer rejected the items the customer has raised the invoice for 100/- and the excise duty is 10/-. We have availed the excise credit of Rs.10/-
Then we raise the Scrap Invoice for Rs.20/- and pay the excise dutu of 2/-.

Whether we have to reverse the excise credit of (10-2)= 8/-

PLEASE REPLY ON URGENT BASIS

Sir please Tell me What Is The Form Of Excise Return Monthly & Quertely.Any Condition Abotut This return