CAN NON-MANUFACTURING COMPANY(UNREGISTERED UNDER EXCISE DEPT)TAKE SET OFF OF SERVICE TAX PAYABLE AGAINST EXCISE DUTY PAID ON INPUTES.PLS REPLY AS SOON AS POSSIBLE.

1. The unit is enjoying SSI exemption notification. Now the exemtion limit crossed. During 07-08 the turnover was below 1.50 Crores and in that year it acquired capital goods with a cenvat of around Rs. 3 Lacs. As now the limit crossed whether the cenvat of Rs. 3 lacs can now be taken into accout for payment of duty.

2. Whether goods manufactured for capitive usage ie., moulding boxes is treated as value for the purpose of 1.50 crores exemption or to be included.

3. Whether Sales rejection is to be considered for 1.50 crores exemption.

Dear sir,
I am working in Manufacuring Unit.and i want to know all about Imported Material Purchase To be returned to Foreign Contry Supplier under Central Excise Law.

would be grateful if someone could suggest a book wherein the journal enteries for excise / cenvat are given?
Thanking you in anticipation!
With warm regards & best wishes!
Rajkumar

Ours is a Export oriented Mfg. Company.(Not 100%)
Total Turnover consist 70-80% Exports.

What are the ways for Refund of excise?
Is there any way so that We need not to pay Excise and avoid Refund procedure?

The other thing is that how can we avoid to pay excise on input raw materials which are used for Mfg. activity and the Final Product is sold out in Domestic as well as out of India.

Pls. give me the solution.

Ours is a Export oriented Mfg. Company.(Not 100%)
Total Turnover consist 70-80% Exports.

What are the ways for Refund of excise?
Is there any way so that We need not to pay Excise and avoid Refund procedure?

The other thing is that how can we avoid to pay excise on input raw materials which are used for Mfg. activity and the Final Product is sold out in Domestic as well as out of India.

Pls. give me the solution.

Can first stage dealer issue invoice inclusive of excise instead of mentioning it separately?

We have two units, Unit I which is excise exempt unit and the other unit, Unit - II which is covered under Excise Rules. In our case we have earlier purchased Capital Asset in Unit II which is covered under Excise. Afterwards we have transfered this Capital Asset to Excise Exempted Unit I and we have also passed on the Excise amount as per bill. Excise exempted Unit I has recorded the Capital Asstet at full value including Excise. Again the same capital asset transfered to Excise applicable Unit II by Unit I.
We want to know whether excise exempted unit I can transfer the Capital Assets at full value including excise or it has to transfer only the assessable purchase value excluding excise.
Plz guide on this matter.

Hi,

We are a paper manufacturer.

We had been levying 2% Ed. Cess and 1% S&H Cess on the basic excise duty. Since the last audit, we had been asked to levy both Ed. cess and S & H cess on the paper cess as well.

Is this correct? If not, what is the notification where one can counter the claim of the excise department?

Thanks!
Shelly

hi friends i am working in iron & steel co.i have one doubt that cenvat credt for jcb proclainer it taken or not . it is mainly used in our plant. pls clarify this matter.

thanking you.
mahender.
my email.id. manilalitha25@yahoo.co.in