Dear Experts,

We have got an order from SEZ Developer. They are Exempted from all taxes of Central Excise and Sales Tax.
Now can anybody tell me what is the procedure to dispatch the goods.
Thanks and regards,
Ritu

If we purchase an Fixed Asset we pay ED on it we put 50 % of ED for current year and rest 50 % for subsequent year in this scenario I have the following doubt:-

Q (1) If we use above fixed asset up to it's retirement scrap, then whether it's paid Excise Duty will be cliamable or not.

Q (2) If we sale above fixed asset after two years of purchasing, then whether it's paid Excise Duty will be cliamable or not.

Q (3) If we sale above fixed asset within one year of purchasing, then whether it's paid Excise Duty will be cliamable or not.

Q (4) If paid excise duty is not claimable in case of capital goods (Fixed Asset), then whether should we include it in Fixed Asset value or not.

Thanks & Regards
FAZLE

Dear Experts
Pls reply my query for the determination of assessable vale to be written in a dealer's excise invoice.

Where details of imports to be given.
Can we write here as assessable value the CIF value as mentioned in the bill of entry or we have to write the sum of (CIF value+ Basic customs duty )as mentioned in the bill of entry.
When an importer is issuing invoice to excise registered dealer in india.

Thanks
Basudev paul

sir, we have started our Galvanised pipe plant but due to some technical problem, we can not do any production for 60 days. in this period we have consumed furnish oil to maintain zinc melted.because zinc is useless for us if zinc become cold. so we have to consume furnish oil as fuel. so my question is that can we take cenvat of furnace oil that we have used.

Sir,

I want to know that is it necessary to file Excise Return Monthly or Quarterly in Excise Free Zone of Himachal Pradesh. And if we fail to file the same with Excise Dept. what is the Panelty on that and how can we ractify that.

Best Regards,

Sunil Sharma

What is the difference between sending goods job work under Notification No. 214/86 and Rule 4(5) of the Cenvat Credit Rules?

Dear Experts,
We are a Battery Manufacturing Unit, Register with Central Excise. We are using Lead Ingots for manufacturing of Batteries. During the assembly lead Ingots became to piece or dust. We are sending the piece or dust of Lead to our job worker. Job worker make it Lead Ingots and return to us. But due to burning loss they are sending 10% less whatever we have supplied.
Now my question is for this we have to make any agreement with job worker?
Kindly confirm me
Thanks and regards,
R.

Dear CA Friends

Please do clarify the following, its very important and We need it asap.
One of our client manufactures LED Lights (Street Lights,Office Lights etc) which runs both on AC & DC, I am no doubt AC Lights come under Excise, but in DC lights there are Three types:
1) The DC Light is sold as it is, which can be connected to a battery or AC to DC Convertor or even a external Charge control can be fitted to use solar PV Module to Make it a Solar Lighting System, as it is sold as it is, I am of the opinion that it would attract excise.
2) Secondly DC Lights are fitted with Inhouse charge controller which is manufactured by the company itself and is sold with panel PV, which is procured from PV Manufacturer. Whether this attracts excise?
3) Thirdly, DC Lights are fitted with inhouse Charge Controller which is manufactured by the company and is sold without PV Panel.
I want to know whether the applicability of notification no 6/2006 is applicable for the second and third type. Especialy in third type as it would not be a non conventional energy generating system.
Please do clarify the above asap

regards

hello everyone,

one of our client(proprietor) is engaged in mfg of paper boxes has two factories one is m/s. x & co and other is m.s. y&co.

he is the proprietor of both business.
one factory (old one) is regd under mvat act 2002 and is also subject to audit.

he started the other factory in june 2009.

my question is

1)what is the limit for registration under excise and

2)will the sales of both the factory will be taken into account??

3) labour work done will also be considered for turnover ???

Dear All

Happy Holi

Please help in the following Case

suppose I have an order from a Govt Undertaking under PAC (Project Authority Certificate) Say Rs. 10000/-

Now my query is :-
Is Excise and CST applicable on it?

Please tell me the format of billing in both the case (either applicable or not)