Dear all,

What is the procedure to be followed by a seller to raise a second excise invoice in case the first get misplaced in transit?

Pls expalin .

Dear Sir,

We are a manufacturing unit based in Kolkata. Our production has started in the month of September 2006

Reliance Industries, Jamnagar is our main supplier of our raw material-PP Resin. Reliance Industries was an EOU when we started the production.

Reliance has raised the bill on us as follows.
74,600.00 Basic (a)
700.00 Cash Discount (b)
4,850.00 Trade Discount-Location (c)
69,050.00 B + C –A (d)
3,452.50 5% custom Duty on d (e)
72,502.50 d + e (f)
10,150.35 CVD 14% on f (g)
203.01 ECS 2% on CVD g (h)
101.50 S&H ECS @ 1% on CVD g (i)
278.15 ECS (CD) 2% on Total Duty, e+g+h+i (j)
139.07 S&H ECS (CD) 1% on Total Duty, e+g+h+i (k)
286.49 ECS @ 2% on Cenvat, e,g, h, I, j, k, (l)
141.86 S&H ECS @ 1% on Cenvat, e,g, h, i, j, k, (m)
83,802.93 Total (n)
1,676.06 CST @ 2% n (o)
3,832.00 Freight (p)
89,310.99 Invoice Price (COM+Freight) (q)

Kindly inform which are the amounts we could claim as input with Excise

With regards
Lalit

We imported huge quantity of Structural Steel namely H-section for making of structure for support of capital goods. we are not able to avail cenvat credit due to abmendment in Rule 2 by finance bill,2009 the explanation is as under :

Input include goods used in the manufacture of capital goods which are further used in the factory of the manufacturer 7[but shall not include cement, angles, channels, Centrally Twisted Deform bar(CTD) or Thermo Mechanically Treated bar(TMT) and other items used for construction of factory shed, building or laying of foundation or making of structures for support of capital goods].

Can I avail cenvat credit of Additional Duty of Custom u/s 3(5)on said Import since it is levied in lieu of Sales tax.

If you have any clue please forward to me.


With regards

Pankaj Naidu

plz suggest me the reg. limit for SSI and LSI .
and mention the reg. amount also .
Time limit to get registered.

Dear Members,

If an assessee aviled the credit and which proves to be wrong by dept. and it covers under fraud, collusion, willful mistatment.So, is it possible to pay the penalty and make the credit regularised and can take in books again?

its just like as penalty is paid now can credit be allowed as i defence that i paid the penalty for what i done wrong.

Thank you

We purchased excisable goods 50 nos @Rs.10 and we have taken ful cenvat in the month Aug'09. In the month Sept'09 we found 5 nos damage. So, we have to reverse 5 nos in the month Sept'09. So, which column in the return form -1, we have to show this figure.

Dear Sir

Pl. provide the procedure as material supplied to 100% EOU unit against CT-3, But the same material rejected and send back for rectification, what is the procedure

dear sir,

we would like to know what is the exemtion limit for starting the charging the excise duty to our customer in invoices ? Upto how much turnover, excise should not be charged ?Pl. explain basic rules of excise exemtion for a manufacturer who is mfg. excisable procucts.

regards
anckoora.

Dear Sir,

When I am Importing goods in Consetional rate of Duty , then I requre to Submit Consumption Report Monthly to excise dept. ??

If yes , can I get official format of the same or where i can get it?


Thanks

Dear Friends,

We are having a partnership firm "JAYMAL EXPORTS" and are going to export our products to countries outside India. I am worrying about the following..
1) Can IEC be issued to two firms having same names?
2)How to check whether the name "JAYMAL EXPORTS" has already been registered or not?

Please reply me urgently, for which i shall be highly grateful..