A company is engaged in manufacturing. Also some job works of same kind of products but using some other alloy. The main product is not excisable. For the job works they are receiving Service charges and service tax. For the main product the raw material cost includes Excise duty.

The raw material purchased was not used to provide the job work. But both the products are manufactured in the same factory using the same machineries.

Can the company claim input tax credit for the excise duty paid on raw materials procured for manufacturing non-excisable goods while paying the service tax received for job work?

kindly clarify me

regards
Angayarkanni M

please advise on when to to register under excise act.

Regards.

Suppose i m 2nd stage dealer registered in excise and i want to purchse goods from another 2nd stage dealer.

Que.) can i take the cenvet credit which is passed on by the other 2nd stage dealer ?

If yes please provide the relevent rule or section and the procedure. If not please provide the relevent rule oe section.

I have a query that on which copy we shall avail cenvat credit
Suppose if all three copies have been lost what is the remedy available.
Shall we take credit based on the indemnity bond furnised by the supplier?

Respected sir,

I would like to know whether it is necessary that supplier should show Duty and service tax separately to calim Duty and service tax credit..

Hello Sir(s),

My self is working in a auto ancillary plant , located in SEZ , we are getting the exemption of excise duty , our final product is exempt from exise duty,
My query is related to the rate diff debit notes , which i raise to my parties , see suppose i purchase my raw material by x rate, and party is invoicing me with excise duty, now if i have to give a debit note to party for rate reduction w.e.f previous periods , should i include the excise duty in my debit notes or not. pls reply me with ruling(u/s , rules etc.) of excise.

What accounting entry will happen at the time of removal of excisable goods from manufacturing plant to another plant (which come under different-2 excise range).

Thanks in advance

FAZLE
SAP FI Consultant
fazle_sap_fi@yahoo.in

Please let me know whether the proccessing of condensed milk is chargeable to excise or not?? If yes please tell me the Chapter number under which it exciseable?

All,

We have imported used Machine under EPCG scheme in 'June-2006.
We have fullfil the export obligation but we do not have apply for Redemption Certificate from DGFT dept due to same documentation part was not completed.

Now we are the same machine re-export to overseas supplier.Machine is good working condition.

Please let me know what is complet proceduer requirted from DGFT & Central Excise.

Please Matter is most urgent.
Awaiting your feedback.

Vimal Joshi

1. HOW EXCISE DUTY CREDIT WILL BE TAKEN ON USING RAW MATERIALS IN MANUFACTURING INDUSTRY ?
(DUTY ON RAW MATERIALS)

2. HOW EXCISE DUTY TAKEN ON CLOSING OF FINISHED GOODS ?