Presently we have registration under excise as a propitiatory firm. On 01.04.14 one Pvt. Ltd. company will take over this firm. so how we will deal with the closing stock of Raw material or Finish Goods as on 31.03.14 in the excise books of the Private limited company.

a company has two manufacturing units (A & B)in karnataka, registered under central excise.

company has merged the two units in one place (UNIT A). and applied for surrender of registration of unit B in ist week of March 2013 in ACES and handedover the application to department immediately. But the department processed the application after one month since IAP audit is scheduled in March 2013.

During this transit period, company has raised the supplimentary invoice for the diffrence value arising out of inter unit transfer of goods between two units from each unit.

for the excise duty paid on supplimentary invoice by unit B on Unit A, Unit A availed cenvat credit on the said document.

same exercise is done by Unit B, and showing in ER1 returns showing a cenvat balance.

my query is

whether Unit B can file refund application on the said balance (as this credit is arising on availment of supplimentary invoice raised by Unit A and duty paid on supplimentary invoice raised on Unit A ie transaction is made after surrendering the excise registration)

can any one clarify my doubt

thanks in advance

ram

An enterprise purchases packing material on which excise duy is charged. Is enterprise eligible to avail cenvat credit if the packing material purchased is at a plant at which no manufacturing takes place?

Thanks

We are planing to purchase chemical in bulk local and import and distribute local different packing.
eg. purchase 2600 tons in one tank & we sold to the three different customers 1000 each two customers & 600 one customer.

For this transaction shall we required Excise dealer membership or Manufacture registration

Dear Sir

I am working in a company, manufacturer of Dairy and food processing capital plant on turnkey basis and single equipments/ machinery as per requirement under heading 8434

i was gone through above mentioned exemption of excise where 8434 is fully exempted without any condition.

may I deserve your explanation on captioned subject

I'M FIRST TIME REGISTERED IN CENTRAL EXCISE. BUT DURING THE YEAR NO ANY PRODUCTION ACTIVITY WAS MADE. SO IT IS COMPULSORY FOR FILING RETURN DURING THE YEAR. PLZ HELP ME

Can anyone tell me that
1. if first stage dealer purchase goods from the local manufacturer & sells the same to local ustomer, then how to take credit?
2. What will be the procedure of refund if the same is exported?

Sir,
we are importing inout material & pay basic Custum duty at 2.5%, Basic Excise duty 12% & Coustom Edu Cess 2% , Custom sec & Highwe ddu duty 1% & 4% Add. excise

We are taking credit for basic & add Excise duty

My qusetion is can we utilized credit against Custom Edu cess 2% & Sec. Hig.edu Cess 1% while paying Excise duty ?

FOLLOWING ARE THE DETAILS OF PUR. MADE BY A MANUFACTURING UNIT..
PLEASE.TELL ME. HOW MUCH CREDIT CAN BE AVAILED i.e. HOW MUCH DUTY CAN BE PASSED..


ASSESSABLE VALUE = 177067
CUSTOM DUTY@ 7.5% OF 177067 = 13280.03
ADD. DUTY@12%OF (177067+13280.03) = 22841.64
EDU CESS@2% OF (13280.03+22841.64) = 722.43
SHE CESS@ 1% OF (13280.03+22841.64) = 361.22
ADDL DUTY 19/2006 @4% OF(177067+13280.03+22841.64+722.43+361.22)= 8570.91

company had purchased mother machines under EPCG licence 3 years back. now company wanted to sell out that machines. To sell the machines first we have to pay the custom duty so on that basis can we take the credit of the same and the same credit can be passed on to customer (purchaser)?
Secondly we have purchased some imported machines for production and we have already paid the custom & CVD and the same has been utilised earlier (we have already used the machines for last 3 years )so that duty also can we can pass on to the customer(Purchaser)&