I CPL LTD.-uttrakhand purchase a raw material from ABC LTD..-mumbai, cenvat charged 10000, & directly delevered to NOVELTY PLASTIC -mumbai for labour job agst. Excise challan annexure 2 .


My questions :

1-Who will take cenvat credit on raw material purchase from ABC LTD. (Any notification please mention)
2-Will NOVELTY PLASTIC charged excise duty or service tax when he will raised invoice to CPL LTD.



Can we take VAT credit of material purchase within state for repair of machinery .any notification please mention.


CPL LTD. Has two units in himanchal & uttrakhand each turnover 100 laks.
These are SSI Unit or Not ?

Dear All,

Kindly update the detail procedure for the supply of exciseable goods from DTA to SEZ unit.

What is DEPB?

we are the manufacturer and what is procedure of removing exciseable goods under CT-1?

Dear all,

Can any guide me what are the date for submitting Excise returns

ER-1
ER-2
ER-3
ER-4
ER-5
ER-6
ER-7

I would like to know whether sales should be booked gross (net sales + excise duty) or it should be booked net and excise duty should be accounted separately.

Further i would like to know whether excise duty paid on finished goods is booked as manufacturing expenses or adjusted against payable.

I would appreciate if somebody reply with proper jv to illustrate properly regarding 1) sales entry 2) payment of excise duty entry.

Awaiting for reply.

Thanks

Jayesh N. T

To start EXPORT BUSINESS what documents we need to submit to govt.as TRADER and as MANUFACTURER
for example:
1)how to get registerd with excise?
2)what doc's we need to submit?

The Company is having two production units located in two different places- A & B.

Production in Unit B is closed/stopped from 2005-06 but all establishment expenditure, repairs and maintenance is still continued and machineries are blank run so as to avoid rusting and damages to the equipemets.

Production at unit A is still going on.

The Company at Unit A is taking cenvat credit for Excise duty /service tax paid for input raw materials /services.

Now the doubt is whether unit B can avail cenvat credit on ED/Service tax paid relating to Unit B

Because the unit B is paying ED/service tax relating to their unit but is not availing cenvat credit.
production in Unit B is closed based on supreme court orders as it affects environment. However the staff related expenditure and plant and machinery maintenance is still continued where in it is paying ED/ST also.


What is the best available solution to take cenvat credit for the above payments made by unit B.

Dear Sir,

We have purchased machinery (capital goods) before six month of excise registration. Can we avail & utilize 50% credit in current year? If yes, when will use balance 50 % amount ? what is procedure?

Please suggest me.

Thanks & Best Regards,

Rajendra Ahire

Sir,

We had sent one consignment thru merchant exporter for export without payment of duty u/r 19 of CE on CT-1 issued by the merchant exporter in the month of April 2008. Now the merchant exporter has failed to export the goods and it is lying at their warehouse.

Now the party is requesting us to get back the said goods and they wish to get the goods on fresh CT-1.

Now we would like request you kindly guide us what is the procedure and is there any provision for penal action against manufacturer or merchant exporter or what may be other complications.

Regards

need to file a Refund Claim under Rule 5 of CCR 2004.

I have exported goods to SEZ or SEZ Unit but i dont hav any Bill of Export / Shipping Bills.

The customs officer made attestation on back side of ARE 1.

So, my quetion is whether i m liable to get refund of unused CENVAT or not?