Please clarify,
Amount of Cenvat credit eligible in case the supplier EOU clears / assess goods without availing exemption under S.No. (2) of Notification No. 23/2003-CE.

(PS. Rule 3(7) of CCR,2004 prescribes admissible Cenvat credit in respect of goods cleared under S.No. (2) of Notification No. 23/2003-CE. only )

thanks & regards,

vijaya kumar

Please clarify,
Amount of Cenvat credit eligible in case the supplier EOU clears / assess goods without availing exemption under S.No. (2) of Notification No. 23/2003-CE.

(PS. Rule 3(7) of CCR,2004 prescribes admissible Cenvat credit in respect of goods cleared under S.No. (2) of Notification No. 23/2003-CE. only )

thanks & regards,

vijaya kumar

What is the due date for filing Excise Return? What is the rate or amount of Panelty/Interest if the return not filed in time limit???

Dear Sir,
We are mfrs of branded & also Non-Branded Jewellery in gujarat. From 1.3.11, 2% excise duty has been imposed on mfg of branded jewellery. For this, pl. clarify following :
(1) Provide me notification no for imposing excise duty on branded jewellery.
As per them, what is called "Mfg of Branded Jewellery" ? If we manufacture branded jewellery for other customer (with our material), then can we come under excise ? OR if we do labour job (with party's material-gold only)for branded jewellery, then also do we come under excise ? pl. elaborate the implications .
(2) Do we have to make two parts of our mfg area, i.e., one part for non-branded jewellery mfg & another for branded jewellery mfg ?
(3) Can we avail central excise exemption limit ? if yes, under what notification ? and upto how much amount and upto what period ?
(4) If we can avail exemption, then also do we have to register ourself with excise authorities, now ?
thxs in advance.
anckoora

For the customer who is an SEZ Co- Developer and is entitled to exemptions in Custom Duty,Sales Tax,Service Tax,MVat etc, what documents should we ask from the customer for nil tax billings?

Also, for bought out items directly despatched to SEZ site, can we ask our Sub Vendors to bill with nil tax ?What do we have to do for this?

Dear Experts

Pls send Annexture 2 for jobwok in PDF, Word Or in Excel Format.

Thanks in Advance

we are manufacturer of edible oil so is there any change in rate of duty and notification for spent earth?

Dear All,

My Company having in cenvat balance in crores in every month. The comany sale only Domestic.

my question is How to utilize the available balance (It should be increase in every month)

1)My company No Export so no rebate
2)No 100% EOU/SEZ Sale
3)100% Sale only Domestic Purpose


Regards
Yogesh
9765402179

Dear Sir/Madam


I am doing audit of a manufacturing company my query is that this company is purchasing rowmaterial on which suplier is not charging excise he is only charging CST,but the comapny is taking excise as well CST credit on this goods


I want to know whether it is correct or not?

Is there any provision that comapny can take excise credit only if suplier is charging excise on the invocie /

XYZ ltd,Lucknow purchased plastic granules valued at 116000(inclusive of taxes) for manu. plastic chairs.It availed Cenvat credit of 16000rs paid on the said input.

How do we treat the following:

Clearance to XYZ ltd's own factory at Jaipur(purchase price:70000) :Free of Cost

a)IS cenvat credit required to be reversed?Why and how much?

b)Had the clearance been of 84000rs;would ur answer been different?

Quote answers with section/rule and their details as well as Court decisions as applicable.