Dear Experts,

Company A is Manufacturer.
It procures Raw materials from outsiders.
Some raw materials which are procured are damaged in the stores.
Hence Company A decides to Scrap the Raw materials.
My Query is: Should the "Company A" reverse the CENVAT credit of such raw materials, which was utlised earlier at the time of receipt of the material? If yes please educate me with the rule reference.

Thank you

Sir,

We are manufacturer, and purchased some goods and sold without any changes in the goods (just trading)?

While purchasing the goods we got the Excise invoice, Can I take the Cenvat credit?

We sold the same some party the same are we collect excise duty from them?

Please clarifty any one.

dear expert one of my client is registered as a dealer under excise law. from this year he started manufacturing also. we will amend our registration. but I am in a confuse regarding determination of limit for taking benefit of ssi. my query is for determination of turnover we will take in to consider the sales of trading activities from the same premises

My previous year 2014-15 turnover was 1 crore. i file the return Quarterly during 2014-15 and i cross the 4 crore turn over on 30/05/2015 so i can file return Quarterly or monthly?? upto 1.5 crore i claim exemption Also.

Thanks in Advance

Dear Sir,
if manufacture unit e payment excise duty for the month of may 2015 paid next month date 08.06.2015,my question is excise
ER-1 return dt 10.06.2015 can we show excise duty payment this return which is paid on 08.06.2015.

Dear Sir,

One of my client is purchasing Earthmoving machinery parts from outside the state and selling it after repacking and rebranding.

Does this amount to manufacturing,if yes,then can we set off the excise duty paid on purchae of parts and packing materials and moreover what are the other excise formatlities he has to do.


Thanking & Regards,


Abhay Sinha

i have filed the excise return for the m/o april--2015 on dtd 06-06-2015 . the due date of filing is 10th may 2015. i am late about 27 days.my question is

1 what is penalty amount:-
2 is it paid after filing the return or before:-
3 if i paid on line payment what is the accounting code for payment

4 process of payment:-

Dear Sir, Please any one solve this problem urgently plz plz plz.....

Indira Industries, Pune produces a product the cost of production is Rs. 450/- per unit, selling cost is 90/- per unit and profit is 50/- per unit. the excise duty is due @ 12.36% during a month, the actual production was 90000 units. the discounts are offered to different class of buyers at varying rates. the disposal of goods was as follows.
class Quantity Discount % of sales price Distributor 40000 20% Agent 6000 16% Super Bazar 8000 10% Retail Outlet 4000 5% Foreigner 4000 15% Calculate duty payable
I hopes some one solve this sum urgent basis ... Thank you Regards VIJAY

Read more at: https://www.caclubindia.com/forum/excise-duty-problem-329191.asp#.VXKrQtKqqko

Our company is a exercisable manufacturing company. Our company purchase spot welding machine from a unregistered company at Kolkata and after that the machine amalgamate other accessories parts and make a fresh manufacturing machine and sold to exercisable party with charge central excise. This concept is right in the eye of central excise act. Please comment.

Dear Experts,

what can be the acceptable reasons for a reply to a show cause notice issued for delay caused in filing the ER-1 return under central excise.

How to avoid penalty of Rs. 5,000 under Rule-27 of Central Excise Rules, 2002 and Rule-15(A) of Cenvat Credit Rules, 2004 for such delay.

Kindly refer some case laws also.

-Thanks.