Can both be availed at same time? for example if my PY turnover is less than 400 lakhs and this year turnover is 160 lakhs , then I have to pay 1% (160-150)? Please suggest any decided case law in this context. Urgent

I AM HAVING QUERY THAT PRODUCTION LOSS HOW TO PAY ( REVERS ) EXCISE DUTY ON IT.

SUPPOSE I AM HAVING RAW MATERIAL PURCHASE 100 KGS AND I AM GETTING FINISH GOODS 95 KGS SO DIFFERENCE OF 5KGS SHOULD I REVERSE CENVAT CREDIT ? OR PAY LIKE WASTE AND SCRAP

A company sells a particular lot of product and pays excise duty to government at the time of removal, now if such goods are returned by customers then whether company can claim refund of such excise duty paid to the government?
If Yes what shall be the procedure for the same?

Dear Sir,

We have received Invalidation letter (issued by DGFT) in our name for
supplying capital goods in local market.

Please Let us know procedure for removal of dutiable goods in localmarket without payment of duty against EPCG Authorisation
(Invalidation letter).

Is there C.Ex. Notification for this?

Regards,
R.Krishnakumar

if supplier has mentioned 10 items in bill and excise mentioned in bill and duplicate for transporter copy is 10000 but only 9 items are recieved ie case of short supply of 1 items while raising debit note proporitone excise has to be pass on to supplier or not .b) for passing credit of excise of 1 short material outgoing excise inovice has to be prepared or not

Dear Sir

In June month i was wrongly file excise return in capital goods by mistake 100% claimed

if in july i will reverse the same values and will claim 50% is it correct or any interest calculation are there.

Kindly provide the solution

Thank your
Sailaja

Dear Sir

What is the maximum penalty for late submission submission of Er-4,5,6,And 7.

and please can you provide rule

Please inform me procurement of goods u/n 43/2001 dated 26.06.2001 can we eligible for refund of finish goods? or ask for any other notification which we have get benefit from central excise department. some one says that you will get benefit of excise refund under notification 34/2001 c.c.(n.t.) amended by 37/2003 c.E. (n.t.) dated 17.04.2013 is it possible?

Company manufactured pharmaceuticals products like capsules, tablets syrup or dry syrup/suspension ointment & powder etc...

Is Proprriotorship firm liable to registered under Excise??, if it is engaged in Plastic manufacturing item but also having trading business

if a firm has turnover more than 90 lacs in 2013-14 and he had not submitted declaration form under excise and in 2014-15 it has turnover more than 150 lacs then what procedure should be followed???