We are in the processes of manufacturing liquid pharma intermediate chemicals, we use to sell our products in containres due to some mechanical problems in container valves our customer used material partly amd balance material return back us under jobwork challan for valve rectification.
our container filling limit is fixed with standard capacity.
Now we have received PO from same customer for fresh material.
Can we refil this container after valve rectification and clear the qty received under job work + fresh qty with duty payable excise invoice. but the container will the same.
Thanks
Basudev paul
Will someone explain the difference between tax invoice & commercial invoice and the accounting treatement for Sales Tax and Excise
Thanks
we would like to start production of Agro Shade Net
registered under Khadi Board.
The said good (Agro Shade Net) is a genuine product of village industry.
HSN Code (3926.90.99) confirmed by the commissioner of commercial taxs,Thiruvananthapuram
Q.1 Is there any exemption in EXCISE/VAT/CST for the said goods?
Dear Experts
We are a manufacturing Co. and with registered with Central Excise. At the starting of Financial year we have submitted a letter to Excise Department that we are going to use Invoice Sl NO. 001 to 500. But by mistake one Invoice Serial No has been repeated.
Now what is the procedure to rectify the same. Kindly let me know
Thanks
Rd.
Dear Sir
We are manufacturing Industrial gases like hydrogen Liquide nitrogen. We have supply these gases to cutsomer throght Transport tank
One of the our transport tank met with accident.now we have write a letter to commissioner central excsie that we have not preparing invoice for supply due to accident.
Please guide how to write a letter to commissioner..
Please do the needful
Matter treated as most urgent.
Please do the needful
Jignesh
Hello,
My Query is
Goods are sold to Customers under a cover of Invoice and Excise duty is paid on such invoice.
Subsequently the customer rejects the goods before using and processing and sent us (without under cover of Invoice)
The same is scrapped by the company as it is unfit and cannot be reprocessed.
Excise duty is paid on the transaction value of Scrap.
The issues here are:
Whether CENVAT credit can be availed on goods rejected by customer with or without under the cover of Invoice?
On reading Rule 16 of Central Excise rules 2002,it was implied that Credit can be availed only if the same is returned for bing repaired or refined or reconditioned or for other purposes.
Whether Rule 16 is applicable to the above case?
turn over limit for excise duty is 150lacs, is it annually or consolidated of previous years
please provide me rates of taxes and the date from when they are effective starting from the year 2005.
please provide me the sites where i can get information about these types of topic i.e. information about old rates.
Can any one please help me to solve the given problems and also explain me the concept?:
i) P ltd. sold goods to Q ltd. at a value of Rs.500 per unit. In turn Q ltd. sold the same to R ltd. at a value of Rs.600 per unit. If P ltd. and Q ltd. are related, whereas Q ltd. and R ltd. are unrelated? [what if P ltd. and Q ltd. are unrelated and Q ltd. and Q and R are related? and P and R are (i)related and (ii)unrelated?]
ii) Indian oil sells motor spirit to Hero ltd. at a value of Rs.36 per liter. But motor spirit has administered price of Rs.30 per liter, fixed by the Central Government.
Please help me Sir/Madam.
Does the following process amount to manufacture or not:(can you please indicate the reasons also)
i) Preparing masala powder by grinding and mixing of various spices.
ii) Crushing betel nuts into smaller pieces and sweetening the same with essential/non-essential oils, menthol, sweetening agents, etc.
iii) Assembling of platform, load cells and indicator system, which became a 'WEIGH BRIDGE.'
iv) ABC ltd. is engaged in the process of mixing alumunium paste, metal lacquer and thinner resulting in the production of alumunium paint having a shelf life of 8-10 hours.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Clearance of jobwork material along with fresh material