We are SSI manufacturers diesel engines. Some of our components are bought from SSI vendors on our specific order with our brand name either embossed or casted.
Excise people are demanding excise duty from our vendors because they are using another person brand name.
This is triggered by some Supreme court judgment on brand name issue.
My question to you is whether our vendors need to pay excise duty or not ?
Thanking you in advance.
Kindly advise us what is the penalty levied on late submission of Excise Returns ER-2 and where in the Excise manual we can find the instructions regarding the same.
Please advise
One company is the manufacturer of alluminium foils, He includes outward freight (freight charges paid to transporter for delivery of goods from factory gate to costomer place). He includes outward freight in the invoices and hence the assessable value for the same is also including of outward freight charges. He shows seperately transportation charges on invoices. Please clarify whether freight should be included in assessable value ?. Further my client is eligible for cenvat credit on transportation charges irrespective of consignment/Export/domestic/branch transfers.
Can any one help me the following conditions of Transaction is allowed in the Cenvat cridit rule
'A' is a Second stage dealer registred with Central Excise(Iron and Steel)
'B' is its branch with in the state Registred with Central Excise.
'A' is transfering Goods to 'B' on stock transfer basis.
'B' is issuing CENVAT Invoice to end user
to avail cridit.
If Yes Kindly give me any Notification, Circular,Judgemnets,approval or any other leagul provision (supporting documents)in the rule for approving the above conditions of transaction.
Credit of service tax paid on transporattion facilities used for moving FG from factory to factory depot is available, But what about service tax on GTA used for supply of material to customer at theirt warehouses. Please note that my client is showing freight charges seperately in invoices and also the freight amount is included in the assessment value for excise duty.
pls guide me in the case if Buyer has lost its all the excise Invoice copies.. what is the further procedure to request the supplier to reissue the same??? uner which notification???
pls guide me in the case if Buyer has lost its all the excise Invoice copies.. what is the further procedure to request the supplier to reissue the same??? uner which notification???
i am associate with an engineering unit.....we mfg m/c and also provide services .........query is if i am selling part of machine which i hav purchased from some other vendor.....in this case is there any law ....that says additional value is required .....can"t i sell those part on my purchase rates
Dear sir,
Please tell me, What is the difference between 57 F(4) and 57C(4) ???
Thanks & Regards,
Rajendra Ahire
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Excise duty on branded components