if we dont have net banking facility then how can we pay our excise payment, pls advice me via uvbr@rediffmail.com
we are a newly manufacture co , can we pay excise duty in any bank or for this we need to have account for this in that particular bank. pls clarify and sent ur advice to uvbr@rediffmail.com.
Hi,
We have an IEC code for our Banglore office, now we shifted completely to pune. I need to update this address in our existing IEC code. can you please tell me the procedure for this???
My earlier company has been amalgamated with some other company and we have surrendered the Central Excise Registration to the department in the month of Sep-08 and on the 1St Oct’08 we got registered the company in the new name with new ECC number.
Further, there were some material in transit at the time of amalgamation process billed in the name of my earlier company form the suppliers.
My Query is –
1.If we receive the material in the month of Oct-08, can we take the Excise duty credit paid on the said material ?. If we can not take then what is the procedure to handle this issue, how do we satisfy to our suppliers ?.
2.As per the normal practice we take the duty credit on our own invoice (because our dealers and stockiest are not registered with Central Excise department, so they can not raise excise invoice for the sales return) accompanying with the Sales Return material.
3.Now, the company name has been changed with new ECC number, whatever SRN ( Sales return) we receive, it would be in the name of the earlier co (from which already billed). In this condition can we take the duty credit on SRN (Sales return ) or not ?.
Pls clarify
which books should be maintained for excise & to whom excise should be applicable
Hello Experts,
Our co. manufactures conveyor belts. Raw material used is all types of steel (M.S., S.S.). So what is the annual sale amount on which excise would come into existence for our company.
Dear Sir,
We have a case relating to EOU. Let me explain my doubt with an example. Our EOU have imported goods say @ Rs.41 per $, now our EOU wishes to sell the two-fifth of the quantity of materials to another EOU. Assuming that if the price of dollar has gone up to say Rs.47 per $.
1) Whether the transaction between these two EOU can be carried out in dollar terms?
2) Whether the goods can be virtually re-exported (Purchase return) to the Original supplier in abroad only by means of paper and the original supplier may in return issue a invoice in favour of the EOU who wishes to purchase the material and the goods will be originally removed from our EOU?
3) How the transaction between these two EOU can be carried out?
Plz clarify my doubt quickly. U can also reply to me on sr.sridhar85@gmail.com!
Is there any excise duty leviable on sale of imported scrap in the india
I request all the member to sent their opinion on this issue
i am registered with the central excise department. i purhase raw material on excisable invoices and non excisable invoices.
i make dies for inernal use out of the material (iron) purchase on non-excisable bills i.e. without availing modvat.
during the process of manufacturing of dies scrap is generated.
Please clear whether i will have to pay duty on sale of this scrap or not.
Thanks Friends,
Anish jain
Claim by a refinery that the process undertaken by it does not amount to manufature on the ground that there is no chapter note or section note which specifies that the refining of edible vegitable oil amount to manufacture.
excise payment