Kindly let me know whether Cenvat Credit of capital goods installed which is not put to use can be taken or not against excise duty payable at present.
This capital goods are purchased for different process in addition to existing manufacturing goods and still not put to use.
i.e. whether Cenvat on these capital goods which are not put to use can be taken against excise duty payable on existing manufacturing facilities.
Thanks.
Dear Sir,
A unit is engaged in manufacture of wires. Before removal the wires are inspected by the purchaser. Samples used for inspection (Testing) are not billed to the purchaser but retained as scrap. What procedure has to be adopted for showing the same in excise records i.e. how the quantity will be reduced in RG-1 for finished goods and increased in scrap of constituent raw material. Also guide if there will be any duty impact i.e reversal of credit, etc.
Thanks in Advance
claim for excise duty
We are garment manufacturer and trader.
Some garment is made by us and some we just trade. Buy from one and sell to other.
We buy packaging material from packaging material company and also trading goods locally, and interstate too. Such vendor / supplier charge excise duty in their invoice apart from vat since they are manufacturer.
In what conditions, we can claim for refund of excise duty or set off against vat or excise duty?
Also If we can set off, Agaist the excise duty on trading material or excise duty on our own manufactured garments.
Please help me out. Looking for your support.
Where to fill details of Purchase return in ER 1 (Monthly Excise Return) & Reversal of Input Credit taken
Please reply at the earliest
Regards
Nagendra
Can any correction be made in the excise invoice after the goods have been removed from the factory?
What would be the procedure to be followed in this case?
Please provide suitable circular / notification in this regard.
Is there any compulsory need to maintain the ‘Annexure Challan’ and ‘Subsidairy Challan’ under Rule 4 (5)(a) of CENVAT Credit Rules 2004?
Answer nowif a machinery is purchased at the end of the year, can we take 50% credit of excise in that financial year and 50% in subsequent year?
Answer nowDear All,
I have a query regarding a consignment sent from a manufacturer to an SEZ under an ARE-1 without payment of duty. Due to some technical difficulties, the customer in the SEZ was able to accept & get stamped and certified the ARE -1 with goods 2 months after the clearance from the manufacturers factory. Now the manufacturer is stating that there is a time limit of 45 days for receipt back of the certified ARE docs from the SEZ, and hence are insisting on the payment of excise duty with interest & penalty. Is this correct. Pls guide us.
Dear Sir
Request for clarification with respect of Cenvat credit eligible when purchase from EOU Unit -
Please clarify with an example :
Now since, there is no cess on CVD on imports and EOU is required to charge ED on its sales equivalent to imports, whether credit of Education Cess and SH Education cess is eligible to DTA Unit.
regards,
Hi all.. i am a merchant exporter.. i want to know if a merchant exporter can claim the DBK in his range office or only a manufacturer can claim the DBK on behalf of the merchant exporter???
if a merchant export can claim the DBK i would like to know the process too
Cenvat credit