We are using Accounting Software to print Excise Invoice on plain paper generating automatic invoice number. I want to know if the computer System fail or Software fail or no power in office and we want to sale product at that time, how can i prepare excise invoice, pls share the information, procedure for the same.

Thanks in advance

Is it required for a trading concern to renumber the page nos every Financial year or can we continue the series since it is SAP software. Ex: Right now it is 1066 series can i start from 1067 in FY 09-10. Do i need to start from 1 instead.

I HAVE A SMALL CLIENT WHO PURCHASE ON 18% EXCISE DUTY AND SALE ON 10% EXCISE DUTY.DURING FROM 6 TO 7 YEARS A MODVAT CLAIM RECOVERABLE STANDING AT ASSET SIDE OBOUT RS2000000 OF REMANING 8%PAID. NOW HE WANT TO WRITTEN OFF THE STANDING AMOUNT WHICH IS STANDING AT ASSET SIDE. IS THIS POSSIBLE TO WRITTEN OFF THE SAME IN THE YEAR IF YES THAN WHAT WOULD BE THE PROCEDURE OF THAT.AND PLS SUGGEST THE ALTERNATIVE.(NO EXPORT SALE)

When we send spares,parts etc. free of charge during the warranty period (these were not included while valuation) do we need to debit excise? also, please clarify in case of a debit do we need to raise invoices indicating free of charge?

we are a cement manufacturars, supplying cement to SEZ Developers @ nil rate of duty. But department has issued a notice stating that as per sub-rules (1) (2) (3) and (4) of Rule (6) of the Cenvat Credit Rules 2004 we need to maintain seperate records and need to reverse cenvat credit proprtinately (Cenvat availed against inputs used for manufactring cement for supplying to SEZ developers). Otherwise need to pay 10% of sales value to the department.

Please clarify the same.

regards
MASTHAN
ZUARI CEMENT LTD

Dear All,
I got a query in excise.please tell me what type of accounts is to be open for excise,how credit taken and its links with the service tax.please expalain with entries

We propose to computerise our invoices. The software is as per the requirements of the department. Our query is how to preauthenticate the Invoices. The excise department clarification says that the number can be generated and preauthentication can be done before it is assigned to date and time of removal. I am not clear once the number is generated we necessarily have to take out a print. Can some one clarify? Also, the invoices generated on blank stationary from the computer donot require carbon papers. Is this position correct?

Please give ur valuable suggessions.

Whether the benefit SSI is given to ALL Manufacturers whose turnover is less than 400 Lakhs OR only to certain Manufactures who are manufacturing or producing some specified types of goods and whose turnover is less than 400 Lakhs?

if i want to cenvat on purchases then is it mandatory to cenvat credit indivisual (means cenvat basic,edu. cess,h.edu.cess seperate) or can i take cenvat credit total of cenvat basis,edu cess,h.edu cess)
& also i want for above what statutory requirment.

if i want to cenvat on purchases then is it mandatory to cenvat credit indivisual (means cenvat basic,edu. cess,h.edu.cess seperate) or can i take cenvat credit total of cenvat basis,edu cess,h.edu cess)
& also i want for above what statutory requirment.