FOR THE CAPITAL GOODS CENVAT IS APPLICABLE 100% OR 50%,
pl give the answer with example
thanking you
Dear Friends,
Can any tell me what is diff between to export goods by "Rebate Claim" to file and do export by filing CT-1 Bond . How CT-1 Bond applicable?
Help me for this
Vimal rAval
if two totally different units having different infrastructure working under one shed, should clubing provision be applicable. if yes then on what grounds. since both the units are different with different infrastructure and ownership.
i am proprietor me a small unit and also partner of another small manufacturing unit. the activities of both units are different but they are functioning from the same premises and separately availing exemption upto rs 150 lakhs. the excise authorities say that the clearances of both units need to be clubed. Whats your say?
Dear Freinds,
Iam working in forging (Engineering items) manufacturer Company. My query is:
Acc. to terms & conditions of purchase order, the goods is to be delivered after testing of goods. we charged the testing charges on goods sold to the client and it was mentioned in the Purchase order that taxes on testing charges will be applicable as per govt rules.
Now at the time of payment the client has not made the payment of excise & taxes on testing charges.
In my opinion Excise & taxes should be paid by the client because testing is the precondition for despatch of goods.
Kindly solve my problem.
hi, friends...
In the financial year 2007-08, I found some raw mat. purchase bill related to F.Y. 2005-06 on which no cenvat credit availed. whether I can availed this cenvat cedit in Current finacial year (07-08) ????
whether any rule of CCR restrict time limit for claiming cenvat credit?????
For how long the records should be preserved under the Central Excise Act, Customs Act and Service Tax Act ? (Like there are minimum 8 years as per the Companies Act.)Please also tell me that for how long a CA. should preserve its clients records and working papers ?
Dear Sir / Ma'am,
Wether excise duty payable on finished goods is included in the closing stock of finished goods.
Regards
Prachi
Dear Sir,
A manufacturing Company received a Purchase Order. According to this P.O.:- Mfg. Co. will send the material to M/s ABC Co.; ABC Co. have taken L/C and It will issue the 'Form C' to Mfg. Co. but ABC Co. wants to get delivered the goods to XYZ Co. directly and XYZ Co. take the Cenvat Credit; for this ABC Co. wants Mfg. Co. issue two invoices;
First- Commercial Invoice in the name of ABC Co. for the purpose of L/C and 'Form C'
Second- Excise Invoice under rule 11 in the name of XYZ Co. for the purpose of availing Cenvat credit by XYZ
My Question is:- Can it possible to issue two invoice in different name for same goods ?
If it is not possible, how can XYZ Co. availed cenvat credit?
please reply soon
with regard
hi every1,
plzzz tell me 4m where i can get cases on Cenvat Credit rules,2004. some of the practical instances
thanks in advance
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CENVAT on Capital Goods