what is cenvat? what is cenvat credit ?
please answer in detail about all aspects of this topic.
for more info if link is available, so kindly give that also.
thanks to experts,
Nitesh Sharma
Dear friends
One of my client is engaged in trading and warehousing of imported goods subject to custom duty. (CVD)
Now he wants to clear some of his old stock and wants to pass on same amount of duty as he has paid on import around 2 yrs before when rate of duty was higher. Now rate of duty has been significantly reduced so what rate of duty should the trader charge on its invoice whether at original rate or at current rate?
Dear Sir, we are in maharastra and from public ltd.co. we supplied to SEZ unit in maharastra against UT-1, party is not given to us original AR-E-1 and for the same they issued a one letter from local excise office that as per rule 30(4) they are sending to us only duplicate copy, our local excise officer is not ready for issue a proof of export certificate without original ARE1 and our party and his excise people is not ready for given original ARE1 copy. what's the result ?
Dear All,
If a manfacturing company received exciable material short i.e 8000 kg against bill of 10000kg. In this case , whether he has passed debit note of 2000 kg to party & availed excise duty only for 8000 kg.
Now the supplier how can take benefit of excise on 2000kg material which is short received by buyer.
Please tell.
we are registered under central excise and
we need to send back the inputs back to
the supplier for repair.(these inputs are not charged to excise duty as the supplier is working under excise exemption) i would like a clarification as to the procedures we need to follow , documentation etc.
concept of job worker under rule 4 of cenvat credit rules
IS THERE ANY EXEMPTION UNDER EXCISE FOR THE CO WHO IS REGISTERED UNDER NSIC
Sir,
we are a government company received goods at the time when Excise Duty rate is 14%.Now Price variation bill is in the process.
In this connection it is requested to clarify at what rate of ED the price variation bill is processed.
yours faithfully
G ramesh babu
Dear Sir,
We are mfg. of industrial gases and we supplied gases to our customers in our and parties cylinders under chapter 2811 2190, now excise department issued to us show cause notice for element of amortisation cost of cylinder not included in the assessable value. They say we are liable for to pay the differential duty on account of the non-inclusion of the element of amortisation of the cost of cylinder. Pl.Gives guideline to us.
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cenvat