If a Capital Goods like Machinery purchase & sold during the year. How can one take duty credit in that year. is full amount taken or 50% in one year & balance 50% in next year.

R.G.1 23 part C how can effects shown in reigster

The indirect taxes book by vaitheeswaran on the front page says "FOR CA FINAL/ICWA/CS MAY 2009/JUNE 2009 EXAMINIATIONS". My question is its says just may and june 2009, is the same book applicable for Nov 2009 exam also?

Hi!!!Can anyone gimme a clear distinction btwn ARE-1,ARE-3,CT-1,CT-3????All that I'm having is half and confusing idea of them.


Thankyou in advance,

Regards/-

We have sent up plant called Precast Plant containing mainly casting yard and gantry. We prepare walls and slabs from cement, sand etc. and use the same for preapring residential units for selling purpose in the same entity.
Whether excise duty applicable on the saem. If yes, under which classification/notification
Second query is if we do jobwork for some other entities and make precast material from there raw-materials. Are we liable to pay service tax OR excise duty.

Is Central Excise refundable to Merchant Exporter? If refundable what is the procedure? or if not is there any procedure by which we can produce a certificate and our supplier will not levy and excise?

We are Merchant Exporter, our suppllier charged us for sewing and filling cushion covers.

kindly reply as soon as possible.

I am working in one software company where the company is receiving work orders from customers alongwith hardware. We are subcontracting hardware to outside manufacturer who will raise excisable invoice on us, in turn we are raising invoice and charging vat (for both hardware and software which is installed in the hardware). The excise duty paid by us is neither passed on to the customer nor claiming input credit as excisable invoice is not raising. Can someone guide me to pass on excisable credit to the customer and if customer submits exemption certification how to pass on the same to subcontractor

Hi, We are manufacturers of intermediaries for Pharma products. We want to purchase a traded product which will be supplied to an EOU. As supply to EOU will entail no payment of CENVAT, how can we claim refund of CENVAT paid on the purchase of the traded product. Is there any procedure by which we can buy the traded product without paying CENVAT?

we are manufactura exporter
we need to send some sample of the product to the domestic party
wht procedure we have to follow to send the samples
have we to pay the excise duty and cst
or these samples can be send free of cost or on which paper these samples can be send

kindly advice

Respected Colleagues,

One of my client has just taken the excise registration number,He is a dealer and not the producer/manufacturer.He is just a trader(not being S.S.I.).Now i have some queries regarding the same which are as follows:

1) List of the books/records(in detail) that should be maintained by him,Kindly provide all list of records and books.

2) Tax Treatment means liability to pay excise.I heard that no liability to pay excise is occurred to the dealer.It might be wrong.is it so?Kindly explain for the same

3) Return Filing Form ( I think its monthly return in ER 1).

Kindly Solve my query

Thanks in advance

CA Pranesh Agrawal
Surat
09428392609

Pls kindly let me know how to enter two different stock item in one excise sales voucher in Tally.