SADHASIVAM
10 September 2012 at 15:23

Duty drawback and claim for rebate

Sir,

We are manufacturer-exporter.

We sometimes export the goods with payment of duty (Through Claim for Rebate) to liquidate the lying Cenvat credit.

Kindly clarify claiming Rebate under Notification No. 19/2004-CE(NT) and claiming All Industry Duty Drawback in one single shipment is correct.

Regards

Sadhasivam C.

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CA Manish Jain
10 September 2012 at 14:57

Excise registration document

sir i want to know which document required for the excise registration.. its urgent kindly reply soon. thanks in advance.

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Anonymous
08 September 2012 at 20:32

Tranasaction framework

Dear Expert,

Fact:
ABC Pvt ltd want to outsource Bottle Jar to XYZ Co.

For this ABC Co. providing machnery with labour. XYZ has to supervise the Production.

Here option that XYZ co. can provide material also

QUERY:
1. Whether it can make like Labour contract, for service tax.

2. Applicability of Excise as ABC Ltd already Manufacturer.

3. Any other option to framework the transaction with relevent Law imapct.


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Dhananjay Jog
04 September 2012 at 16:45

Transfer of pla credit balance ...

In one of our unit, we opted new excise registration of manufacturing due to change of name of unit after amalgamation.

We have applied for transfer of Cenvat Credit u/r10 Cenvat Credit Rule 2004.

My query is, how we can transfer the credit of PLA balance lying with our earlier unit,
we can not utilized the same during removal of material.

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Ritesh Singh
02 September 2012 at 13:33

Duty liability and rule 21

If goods are destroyed in factory/outside the factory then Excise duty will be payable or not? If goods are not in condition to sell and sold as a scrap then excise duty will be payable or not?
thanks.....

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Anonymous
01 September 2012 at 14:14

Cenvat credit

we are purchasing scrap from 100% EOU company, they are charging the following duties in their invoice, 1)5% on CD50% of BCD, 2)CVD 12%, 3)Edu cess on CD 3%, 4)Cenvat12% and ED and HEC for cenvat. above 4 items what are they eligible for take vat credit? pls advice

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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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sadasiva

HI Experts,

I would like to know all taxes include in one scenario.

CAN ANY ONE EXPLAIN WHAT IS THE CALCULATION PROCEDURE FOR "EXCISE,VAT" etc..in one scenario?

suppose a company purchasing raw material

it include taxes like "Excese,Service,TDS,vat
how will we calculate???
what will be the accpunting entries??

and

the same scenario for SALES also explain me



THANKS IN ADVANCE
Sadasiva

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