URGENT
hi! where can i find the list of excise duty rate (Past as well as curent rates)applicaple on various fmcg goods like hair ol, shampoo, soaps, honey, toothpaste, etc. or can some1 tell me the details of the rates applicable? Also what are the exemptions available to such goods?
Dear Sir ,
We have exported finished goods from EOU under bond the same material s coming back from customer how we will handel the import in custom ?
Earlier, seperate invoice numbers required from new financial year...
I want to know whether one can continue with old excise serial number of invoices inspite of new financial year
I just want to know whether seperate daliy Stock account for each Chapter Ids.
Proviso to rule provide that id capital goods are removed as such after being put to use then the mfg. has to pay an amount equal to cenvat credit availed in respect of such goods reduced by 2.5 % for evry quarter of year or part thereof starting from the date of taking cenvat credit .
My query is that if mfg. having acquired cap goods and put to use and removed it out of factory in the same financial year , is he is required to pay an amt. eqaul to 50% cenvat availed as reduced by 2.5 % per quarter of use or otherwise .
Hi
We are a manufacturer of electric panels.
we have sold panel to customer & have fullfil all excise formalities the same. but some material of panel have been faulty & we will to take it back. Kindly let me know wheather we can take the excise benefit on it. or what the formalities we have to follow.
DHANYAWAD IN ADVANCE.
Dear Sir,
Kindly clarify whether cenavt credit of excise duty paid on capital goods is allowed on capital goods acquired during initial setup of factory, machinery is received but factory has not yet come into existance and/or got regitered as production has yet to commence.
Is there any legal reqirement to get the registration under central excise before placing purchase order of caiptal goods/inputs although factory has yet to commence production.
Kidly Clarify the matter at your earliest and oblige
Dear Sir,
Kindly clarify whether cenavt credit of excise duty paid on capital goods is allowed on capital goods acquired during initial setup of factory, machinery is received but factory has not yet come into existance and/or got regitered as production has yet to commence.
Is there any legal reqirement to get the registration under central excise before placing purchase order of caiptal goods/inputs although factory has yet to commence production.
Kidly Clarify the matter at your earliest and oblige
Dear All,
"As per the Chapter -4 of the Central Excise Manual, when an assesse is compelled to cancel an invoice than he should give the intimation of the cancelled invoice to the Range Suprintendent on the same day whenever possible. However in case of exceptional circumstances beyond the control of assesse should this be not possible , the intimation should be given to next working day".
I want to know that in case we are dealing in Excisable goods but we are not manufacturer and we are a trader than is the abvove mentioned Law is applicable to us.
Aslo kindly clarify with the sections or rules where I could get the details and also the penalty provision in case we are not following the above mentioned rule.
Thanks & regards
Manish Kr. Joshi
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Excise duty on FMCG goods