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CA. Shwetank Vats
12 March 2009 at 23:08

National Calamity Contingency Duty

Dear Sir,

My query is that National Calamity Contingency Duty (N.C.C.D.) can be paid / adjust through Cenvat Credit or paid in cash only through PLA.

Please reply

Regards,

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Hemant Joshi

Dear sir,
I am working in Manufacuring Unit.and i want to know all about Imported Material Purchase To be returned to Foreign Contry Supplier under Central Excise Law.

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Guest
04 February 2009 at 18:26

Section 11AC of Central Excise

Hello everyone
My query is regarding section11AC of central excise act.Under this section there is a provision for reduced amount of penalty in first and second proviso if the duty with interest and penalty is deposited within 30 days.This is when assessee does not go for appeal
But when assessee goes for appeal and loses in it then under third proviso he will be liable to pay the duty and interest and penalty on the amount determined under appeal whether increased or decreased.
Query:-Under fourth proviso the exact wordings are "provided also that in that case the benefit of reduced penalty shall be available if the amount of duty so increased and the interest payable thereon and consequential penalty paid within 30 days.
Does this mean that if the amount is determined under appeal and there is fraudcase the amount of penalty shall be reduced only in respect of the increemental amount of duty?i.e supose original duty determined was 50 lakhs and now if duty determined is 70 lakhs then reduction will be available for 20 lakhs only and in in other cases suppose duty determined is 30 lakhs then no reduction will be there.
please explain.

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CA. BIJENDER KR. BANSAL

Dear All,

If buyer supplied the packing material i.e jute box for supply of material, whether cost of packing material to be amorotised and added in assessable value or not.
i.e excise duty is to be paid on packing material or not.

Please advise.

Thanks & Regards
CA. B.K.BANSAL

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Keyur Vora
31 January 2009 at 19:54

GTA INWARD CREDIT ELIGIBLE ?

Dear Sir / Madam

We are manufacturer of excisable goods duitable and exempted goods and we are paying GTA inward ,GTA Outward, GTA Export outward Service Tax by TR-6

Now our questation is :

1 Can we avail credit of GTA inward & GTA Export Ser tax paid by TR-6 when we are producing duitable and exempted goods both ?

Pls reply ASAP

Keyur Vora

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Sunil Gour
29 January 2009 at 20:42

Regarding Transfer of remittance

Sir but would u pls tell me is it possible to transfer the remittance in USD.What would i show in my account books regarding this.

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