Good morng sir,
I have a query relating excise(i.e)
Is excise duty leived on sale of scraped HDPE,Fibre MS cut drums,because while purchase of this Drums we take Input credit on this drums.
Is my contention correct?
If not then,Pls suggest me with some relevant notification or any case relating the above Query.
Dear all
Please advice on below matter.
We have imported consignment form Austria.
and vessel already arrived on Nhava Sheva Port.
Now, We are planning to ship consignment directly to USA without receipt on material at our Factory.
So Please advice it is possible ?
what is processor ?
WE ARE MANUFACTURER OF STAMPINGS AND ALSO DOING JOB WORK. WE SOLD SCRAPS ARISING FROM JOB WORK AND CHARGED PLA DUTY FROM THE CUSTOMER AND PAID. BUT MY QUESTION IS THAT CAN WE AVAIL CENVAT BENIFIT ON SALE OF SUCH SCRAPS ? AND IS IT REQUIRED TO PAY DUTY TO THE MANUFACTURER OF WHICH JOB WORK HAD BEEN DONE ?
Hi,
our client is going to open the Ready Mix Concrete (RMC) businee soon. so, i just wanted to know, that will excise applicable for this ?
Dear Members
We are importing certain goods for trading purpose and generally the goods are distributed in India. We take CENVAT credit of CVD + Cess on CVD . Upon sale, we pass on the same to the buyer. Now, We are exporting some of the items to foreign country. Can we claim Drawback of the duty paid under section 74 or any other option ? If yes, what would happen to the credit we have taken in register. Custom Authority is asking for a certificate from Central Excise authority stating that No Cenvat credit is taken for the items being exported.
Early response in details will highly appreciated.
we sold goods Inter state charging cst @2% to the customer . but if the customer fails to sent c form of aginst sale invice we raised debit note of 10.5% on it. that time we transfer the differnece amt of 10.5% to cst @ 12.5% and made intry as below party a/c dr. to sale cst@12.5% is it right ? where the diffrence amt treated in P & L?
Currently, I m in an Audit of a Dairy industry
here the normal practise is, we sell a Product to some branded companies after manufacturing at our plant. we procure a packing material for those product(Butter,Ghee,Cheese etc.)
What are the Excise and Custom duty implications WRT output liability and CENVAT Credit? (Also provide me the related Notifications and Circulars for these purpose)
Our client is a manufacturer of stampings and alomg with doing job work for processing stampings. They have scraps out of the process of job work. Can they avail the cenvat benefit on sale of such scraps?
hi
dear sir,
can u explain how cenvat word derived?
2> can u please explain diffrence between CETA,1985 and central excise rules,1944.
3)can u pls explain how can i answer the practicle problems asked ion exam that means how to present in exam's viewpoint whae they asked case study type question.
thanks
jinesh
Hi sirs
we have taken cenvat credit on CTD bar & cement on March 2007 & reversed same on March 2008 without paying intrest.
Note: we had maintained credit balance for reversed amount till date of reversal.
please reply us.
Is intrest is liable on us for said matter.
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Is Excise duty leived on sale of Scraped empty HDPE Drums