Can anybody tell me the procedure of maintaining the books of excise & also the limit upto which excise is exempted.

WHO IS REQUIRED TO SUBMIT THE ER-7

AND WHAT IS THE LAST DATE OF SUBMISSION OF ER-7

PLS ADVICE

Dear Experts,
In the month of April-2009 we have made an invoice for a certain article Rs.100 insted of Rs. 75. Duty and Taxes are calculated on Rs. 100 and already paid to the department.
But now only we came to know our mistake. Then how we will recover excess duty which we already paid to the department.
Thanks and regards,
R.Dutta

we have to despatch the material on sunday on urgent basis

can we raise the excise invoice on sunday

pls advice

We are Cement Manufacturers having 5 branches in south india (Only Plant is having Excise registration and Branches are not having Excise registration). We are selling Cement directly to the customers and sending to branches on stock transfer basic by paying excise duty.

Now we want to Import Different kind of Cement and sell to customers. This imported Cement may go directly to any of our branch or to plant and sold to customers. But we are not having excise registration in branches, how to sale directly from branches? what Excise formalities to be follod. Can we take cenvat credit on Imported cement.

Please clarify the same.

regards
K.MASTHAN BAVA
ZUARI CEMENT LTD

Dear Sir,Madam,
We have two units. All are registered with Central Excise. We have purchase 100M.T of raw material in Unit-I. We have take the cenvat credit in Unit-I also. But after some time later we have despatched the 100 M.T of Raw material to out Unit-II. When send to Unit-II we have prepared Invoice and pay same duty which we have taken in Unit-I.
Now my question is wheather this procedure is OK.
With regards,
R.Dutta

Can a Company maintain its Excise Registers Like PLA, DSA, RG 23A RG 23C Etc in Excel sheets in Computer? Any supporting notification/case law will be of gr8 help.

Dear All

Could anyone explain me the difference between CT-1 and B1 bond

if i am wrong pls rectify

CT-1 is issued to the merchant exporter not to the manufacturar exporter

adn B1 bond can be issued to the merchant exporter as well as manufacturar exporter

we are manufacturar exporter can we do the merchant export without any difficulty

we are manufacture exporter

we are exporting from Haridwar (sidcul) duty free zone

we are despatching the through Merchant export merchant exporter is giving us CT-1 issued from the excise authorities

i want to now that sidcul is the duty free zone i think there is no role of CT-1 for the merchant export we can despath the material without CT-1

Pls guide us

Hi

I have query in respect of excise accounting in cases where GRN is prepared with tolerance limit. Please let me know how the excise records will be updated for below transaction.

Supplier has sent material 100 MT as per challan and has invoiced for same quantity. Excise invoice shows duty applicable on the 100 MT only.

On receipt actual weight of the consignment is measured as 100.32 MT. Now the purchase order had tolerance of 0.5% set. So GRN can be prepared for higher quantity till tolerance is not crossed.

However now how the excise records need to be updated as delivery challan and excise invoice shows quantity as 100 MT only.

My questions are:
1. How the GRN is prepared in such cases? Whether it is to be prepared for 100.32 MT or challan quantity 100 MT.
2. If actual quantity 100.32 MT is taken in GRN, does excise considers tolerance and gives cenvat credit on 100MT though higher receipt is shown?