I am working in MNC,

Our Co. is engaging in Importing of Raw Materials & Capex from Outside India, We have huge amount of Unutilized Cenvat Credits available in the books,

whether Unutilised Cenvat Credits can set off in the follwing circumstances,

Company - A - Operation in Outside India
Company - B - Operation in India -Subsidiary of A
(MFG & supply to OEM Dom )
Company - C - Operation in India - Subsidiary of A
(MFG & supply to OEM Dom )

Company - A has 100% Shares in Company C & 60% Shares in Company B.


Whether Company C's Unutilised Cenvat Credits can be utilised by Company B. If Yes, Please let me know the Rules & Procedures to be followed.

What is apex court?

purchase goods worth Rs.7500/- for 3 Nos.

Paid for the same Rs.8694/- (i.e.including Excise & VAT

Now if we return 2 Nos. only by way of issuing Debit Note for Rs.5000/- only, whether we can take Excise credit on returned goods

In the forthcoming budget, the rate of excise duty is getting increased from 8% to 10%. So wef the day of budget, we have to increase the rate of duty to 10% on all the goods. My question is whether goods removed from factory to depot where duty has been already paid, require to be cleared from the depot has to charge 8% or 10% to the customer? Whether Differential duty of 2% is to be paid to the government? Please clarify...

Likewise, IN CASE, if the rate of duty is getting decreased from 8% to 6% (for example), then depot contains only duty paid goods at the rate of 8% and when i clear the goods from depot to customer i will charge duty only @ 6%. The 2% duty is excessively paid, when i was removed the goods from factory. CAN I GET REFUND FOR THE EXCESS DUTY PAID? PLEASE CLARIFY... SUPPORTING WITH RELEVANT PROVISIONS / CASE LAWS / NOTIFICATION, ETC., Thanks in advance...

We Import ship as a whole , dismantle and sale as scrap
Pls. somebody clarify the folowings :
1 ) Customs duty and excise paid by us, vide challan -6 , on import is to be reflected in PLA register or Rg- 23
2) sale of scrap is catogarised as exciseable, excise exempted , and nil excise
wheather rule 6 of reversal of excise applicable , upto what extent, our daily production register reflects catogerised items.
3 ) Is firewood obtained from the scrap is exempt or nil rate of C.E.

Thanks in Advance

Is excise duty have to be levied on branch transfer sales made by one manufacturing unit enjoying tax holiday to other state branch ? If yes then please support with law evidence.
Thanks in advance

Trader is first stage excise register dealer and purchased goods from local manufacturer and want sell this goods to 100% EOU. Is 100% EOU will get the excise benefit? If yse. What is the procedure?

Dear Sir/Madam,

Can you pl. help to advice under which rules we can pass on the addtional duty of customs (CVD) + Special additional duty.

Thanks,
Meharban Rawat

Dear sir,

When we import/purchase raw material excise is charges @ 14% in the contrary we have to pay @ 8% when we clear our finished goods. what will we do with excess cenvat credit, is there any option to get back of excess credit.

Please advice me sir.

With Regards


Pankaj Naidu
pankaj.naidu@adityabirla.com

I seek ur view regarding taking cenvat on the goods received back after repairing. The case is- there is an imported machinery which we have sent for repairing. As we donot receive it within 180 days,we pay cenvat availed on it on original imports. Now when we receive it back, again bill of entry is filed and we end up paying duties at custom port. As a general practice we avail credit which we paid on expiry of 180 days. But here as we have paid duties twice (1) at the time of lapse of 180 days (2) at the time of reimport. Of which amount we shall avail cenvat. Please provide reference to rules or any case law precedent to the case.