panelty of non registration 10000 what is the matter
regards
raju

some capital goods purchased on 01-07-2007. The excise duty paid thereon was Rs. 200000.00
As per Rule 4(2) of CENVAT Credit Rules, 2004, CENVAT Credit on capital goods may be taken in the financial year in which capital goods received to the extent 50% of excise duty paid. The balance 50% can be taken in any of subsequent Financial Years in which goods are in possession.

> So, Rs. 100000.00 can be taken in the month of july-2007 (i.e. Financial year 2007-08)

> let these capital goods scrapped on 30-06-2010.

Q: in which Financial year and in which month, balance amoun of the CENVAT credit may be taken?

The query is w.r.t Rule 11(3)(ii) of the Cenvat Credit rules,2004.Do i have to reverse the CENVAT credit on inputs if my final product became exempt in 2008 onwards.The unit is a 99.99% export oreinted unit. If not then can I cliam the refund of duty paid on Inputs.

From Where the Merchent Exporter get acceptance of B-1 Bond ?

From Jurisdication AC/DC of Merchent Exporter's Office or Technical AC/DC of Commissioner Office or Maritime Commissioner ?

Pl. Clarify and advise me

Thanks with regards,
Narendra Shah

Dear Sir,

Whether units located in Haridwar, Uttranchal are eligible for the procurement of tax free goods and service, i.e. without levy of Excise, Sales tax, Service tax.
As this units are covered by sec10A of the income tax act.
Whether any other tax exemption scheme are applicable on theses units.
Please suggest me from where i can find out answer related to these units?

In er.6 note says that Finished goods mentioned in column(9B) should be stated in respect of each of the input mentioned in columns (2) and (6).
How can we matched it in folloiwng circumtances?
(1)f.g mfg in current month for RM is issued for previous month/months.so,showsinputs consumption s in earlier month/months in inputs register and mfg shows in f.g.register in current month.
(2)Opposite to above r.m used in current month and expected to mfg in incomming month/months.i.e.inputs consumption shows in inputs register in current month and mfg is not shows because the material is under process.
In all above circumtances o.b and c.b will also not match with ER6 format.
(3) In case Inputs send for jobwork and arrive partially in subsiderry challan.

How can we fill the er.6 with matching of our factory record?

Request to all experts to give guideline.
Thanks to all

Sandeep

Dear Experts,

Request you to pl give me advise that how I can avail credit on 100% EOU unit Excise Invoice, when I myself as a DTA received inputs from one 100% EOU unit.

Pl advise me a Formula or a way to avail credit.

Warm regards,
Jayesh

Respected sir/ma`am,
i wish to know whether CENVAT CREDIT on INPUT(i.e excise duty paid on purchase of materials) can be availed by a Works Contractor (providing Supply & Erection services to Powergrid Corp of India) against his OPS(sevice tax liability on Erection services)

Details of Case : Our Client is not registered under Central Excise, but only Service tax and they undertake Railway electrification, Transmission line erection and Hige voltage substation erection for Powergrid Corporationj of India. Client Purchses material from manufacturers (which includ Excise duty) but doesnt avail the same against its Service Tax liability. Please guide me in this regard.

Thank you.

Dear Sir,

I heard that every manufacturers who paid Excise duty of Rs.10 Lakh have to e-filling of ER4, ER5 & ER-6.

Please guide in this matter and give me such notification.

Warm Regards
Anand Vadu

My one of customer who is not required to be registered with excise Dept. had send the material in normal challan and asked us to do the job work.

As a registered unit what short of procedure to be adopt to do the same.

Whether excise dept. asked for any form, or asked to pay duty on total assessable value.

or we have to pay service tax

we are doing galvanising of MS-Angle.

AS per excise galvanising is amount to manufacture.

Please advice on this matter urgently.