as per rule 3(4), Cenvat credit can be utilised for the specfied payments therein.among these payments one is; if any capital goods is removed as such then an amount equal to cenvat credit taken on such capital goods.
my query is that if any capital goods is removed after being used then whether credit for duty payable on such removal can be taken or payment to be made thrw PLA bcoz as per Rule 3(4) credit can be taken only if cap goods is removed as such.
plz solve my query.....yagya sharma.
Dear Members,
is it Legal to Recover duty under section 11A of Central Excise Act 1944?
Without demand and determination Under 11A(1) or 11A(2)
A unit manufacturing plastic dana having turnover less than 1.20 crore wants to trade also in plastic dana which will increase its turnover for more than 1.50 crore. It wants to have opinion for doing so and short procedure.
if i am purchasing raw materials and then selling it to a party charging a trading profit on the same. now when i am purchasing i am paying excise duty and vat. what will be the consequences when i sell it to a customer.is excise duty to be charged on trading profit.can excise benefit be passed onto the customer.
dear sir
pls tell me end of the month how much we can credit on input
Sir
I have to file the excise ER 1 Return monthly now latest notification we have file the ER 1 through efilling let us know the format of efilling ER 1 which web site we have utilise.
Nitin Haldikar
how is N S Govindan book for IDt ?else which book is best
Respected sirs,
Construction of the New plant is processed in our company, in that we are wrongly taken the credit against the TMT Bars, Flates and Plates of
Rs. 4,59,234/- at the time of IA 2000 Audit commenced on February 2009 the Commissionarate auditors are advised to take reversed that the above said amount. We are do the same and now the range office will noticed that pay the interest for the Reversed amount.
Please explain in this reg. and give Notifications and any of the circulars in this mater. And please help me how to manage this problem.
M. Senthil
999 44 755 95
Respected sirs,
What are the returns to be submitted for Central Excise and Service tax with time to submit.
pls give the details in this regarding
thnks
M.Senthil Kumar
nithyveni@gmail.com
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
utilisation of cenvat credit