PANKAJ ASAWA
31 August 2012 at 16:53

Manufactring process or not

I want to konw that following process is manufacturing process Or not & this is attract excise duty liability if turnover crosses the thresold limit

Purchase waste & Scarp of Cables & wires & Transformer & segrecate the material & sell as copper scrap,alluminum scrap,ms scrap,pvc scrap,& chapter heading is also change for cable scrap,transformer scrap & copper scrap,alluminum scrap,pvc scrap,ms scrap,can we asay that this is the manufacturing process

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Brijesh Tripathi
30 August 2012 at 12:25

Liability of excise duty....

A good day to all of you. Requesting you to please resolve my query. Thanks in advanse to all of you.

Situation is like that

Our Co. say X manufactures furniture, which is excisable. We are paying excise duty on removal of goods from factory.
Let we purchase some furniture from co. A and directly delivered it to premises of other co. B. We raise purchase order in the name of co. A , and made Goods Receipt Note after delivery at Co. B. We never bought the material at our factory premise ie co. X. We take payment from co. B and pay to Co. A. My query is what document to be given to Co. B from Co. X. Is it excise invoice or commercial invoice. WilI we have to charge excise duty from Co. B. Please advise me?
regards

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Anonymous
30 August 2012 at 11:08

Credit of service tax on input service

We have import a machinery and the service tax is charged by the clearing agent against his services, can we take the credit of service tax against excise duty.
AND
Can we also take the credit of service tax on processing fees charge by bank against Cash credit limit and term loan.

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Lalit Narayan Pandit
27 August 2012 at 16:08

Return of goods

Plz. help
How is treated goods returned into the factory?

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Anonymous
16 August 2012 at 04:16

Applicability of trade notice

What is binding nature of trade advices and trade notices issued by chief CCE or CCE?

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hitesh
06 August 2012 at 17:33

Rebate and custom draw back

Sir,
Our Firm Manufacturing Exempted goods(Agricultural Equipment,under C.E. Notification 21/2004,

Query:-
We eligible for Rebate on inputs materials to be used and Custom Drawback?

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Anonymous
31 July 2012 at 22:38

Exchange control copy

Dear All

We are importer and we did some import payment during the year 2004-05,to 2010-11 and we are misplaced the exchange control copy which need to submit in bank,,

Is there any provision in RBI for giving certification to bank for closing the forex transaction in there record

Regards

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Anonymous
27 July 2012 at 09:41

Freight charges

Dear Experts,

We are manufacturing in Gujarat, we are not mentioned freight charges in excise invoice after that we are preparing debit note for freight charges and collect the same

My question is it applicable for excise duty or not b'cos as per excise rule if freight charges separately mentioned in excise invoice no need to pay excise duty

pls advise

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Anirudha kabi
09 July 2012 at 15:44

Sample invoice

I am Sending Sample By Courier to Out Of state(Sarigma to West Bengal).Will CST and Excise be applicable on the Invoice.

Secondly Should i Take entry of Quantity and Excise amount on the RG-1.

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archna

Helo to all,


our company has export as well as domestic sales.

till not the company was giving annexure from excise dempartment for purchase bills. but now they are saying to take input credit in domestic department.



now my question/confusion is:

whether the company should take input credit or it is advisable to give annexure in all purchase bills of export?

what is the impact of the same in costing of products?

Do we need to include cost of excise in finding out the per unit cost of product or because we are taking credit, we shouldnt add excise in cost calculation?



Please let me know your views.

Thank you.


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