dear expert,
i want to know that whether can we take cenvat credit of payment of custom duty

Dear Sir,

If i procure certain Imported goods (For ie. Bearings) from our domestic (First stage dealer) supplier and if he pass on basic excise duty and AED to us.

On the basis of his invoice can we claim Cenvat on basic+ Aed
or can we claim Credit on AED only.

Please clarify

Regards

Yogesh Shete
9763418488

Dear All,

Please tell me the Excise Payable A/c it should be nil (IN SAP) after debiting the entry for each month it is correct or not

duty drawback is available on
1. import duty paid on the goods which are re-exported
2. excise duty paid on input material.
In case of manufacturer,he can claim the benefit under rule 18 & 19 of central excise rules,2002 but what in case of a trader(retail exporter)?
can he claim duty drawback(in relation to point 2)? if yes then how?

Sir,

We are manufacture of Excisable Goods.When we purchase the goods,as it reaches our factory it is weighed in our weighing scale.It is found that quantity as shown in the invoice and as per our weighment there is shortage of material.

Please clarify the options available;

1.Do we need to reverse the cenvat credit on the basis of our weighment slip as the supplier would not be giving any document for the shortage.
2.whether the shortage can be recovered from the transporter.What are the implications in Excise if the same is recovered from the transporter.Do we neet to raise Debit Note to the transporter mentioning the quantity shortage.

Please suggest any other option.

Thanks

3.If any other options are available,please suggest.

Dear everyone
during the audit of a company i found the company is liable for ssi exemption, company is accross the limit of Rs.1.5 Crore, so i want to know that when he should intimate to A.O
i mean before cross the limit or after cross the limit

Dear Experts,
We have purchased some capital goods before 05 years. Last month we have transfered all the capital goods from Unit-I to Uni-II. We have cleared the capital goods on payment of 100% duty whatever we have taken in Unit-I before 05 years.
Now my question is whether our procedure is correct or wrong.
Thankd and regards,
R.

A co. registered as manufacturer with CE Deaprt. intends to carry on trading activities from the same premises, sought to get dealership registration.

what is the procedure of registration?

Thanks

Pls let me inform whether Sim cards will considered as goods under the sales tax act, if possible give me details of any case law.

Cenvat credit on Plastic pallet which is used for storage of material is applicable for takeing cenvat credit or not?
pls reply

yogesh