Hi
I faced a practical situation which I am unable to resolve. Please help me out....
A Company purchased steel sheets and delivered it to Contractor for manufacturing of steel tanks which is going to be used for storing finished goods. Can the Company transfer the cenvat relating to that raw material transferred to contractor ? If yes, How ? And if no, Why ?
Can Excise duty Credit be obtained while purchasing from the manufacturer by wholesaler and set off against sales tax..?
WHAT IS THE MEANING OF RG 23A PART-11 & RG23C-II.
HOW TO TREAT THE CENVAT CREDIT IN THESE ABOVE TERMS?
We are pvt ltd company started in FY 2008-09. We have been collected input duty on Capital goods in FY 2008-09. We cross the limit of (SSI 150 Lacs)excise in the month of september-2009. Now we have to submit Excise return and details of input & output duty. I want to know about cenvat credit of previous years input duty on capital goods. can we take Cenvat credit of whole part of capital goods or we should take 50% of capital goods input (We have not taken cenvat credit in previous year 2008-09)?
Well i wanna know the procedure to obtain IEC for Electronics goods trading...
And how nd where to apply... My location of operation is from assam
WE ARE C& F AGENT & DEALER.WE ARE ALSO DOING EXCISE BILLING AND TAKING CENVAT CREDIT.I WANT TO KNOW WHEN WE ARE ISSUING A BILL TO NON EXCISE DEALER WHETHER WE CAN PASS EXCISE CREDIT TO THAT DEALER.EXAMPLE:- WE HAVE PURCHASED 2 PETROLEUM PRODUCTS FROM EXCISE DEALER.NOW WE HAVE ISSUED THE SAME MATERIAL TO NON EXCISE DEALER ON VAT BILL.WHETHER WE CAN PASS THE CREDIT TO HIM.AS WE HAVE SOLD THE SAME MATERIAL TO NON EXCISE DEALER.
Please advise:-
Can a registered (Licensed) manufacturer who do all the process from outside job work by supplying raw materail i.e. he himself does not do any activity except purchase of raw materail and selling the product manufactured from various job workers.
Will this manufacturer would be treated as "Manufacturer" under the Central Excise Act.
if excise duty has not been paid within the time limit and further 30 days has been passed without payment of excise duty.i want to know that whether cenvat credit can be utilised for payment of excise duty on other excisable goods before payment of the above duty.if i cant avail cc then whether it is applicable for different excisable product relasing from same factory?
Dear Sir,
We have purchased excisable matrial from our supplier. and now we will send part material to them for inspection. (on returnable basis)
What is the procedure for sending those material?
1) On 57f4 ?
2) Delivery challan. ?
3} Sales Invoice ?
Please guide me.
Thanx & Regards,
Rajendra Ahire
WHETHER EDUCATION CESS & SECONDARY & H.E.C IS TO BE PAID ON COMPOUNDED LEVY SCHEME OF STAINLESS STEEL ROLLING MILLS WHICH IS RS.30000/- PER MACHINE OR IT IS INCLUDED IN THE ABOVE AMOUNT.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Transfer of Raw Material to Contractor