Dear All,
I require clarity on this transaction as to what rate should be considered for excise,

Order Date 25-jan-2014,MRP on order date - 250
Invoice date 30-jan-2014, MRP on invoice date - 300
On what price should the excise be calculated 250 or 300.
(MRP product, 30% abatement)
Thank you.

What is returnable challan? Under what circumstances we used this challan.

Hello Sir,

please let me know whether frames when fitted with lenses as per customer requirement(both frames and lenses are traded item)will fall under excise in eye ware industry

Dear Sir,

please inform about document require to send credit availed inputs material for replacement/repairing on returnable gate pass/returnable challan to the supplier.

what is Excise Form ER-6 and how to maintained it.

If we have common inputs which would be used in dutiable and exempted goods, and the proportion of usage of inputs in dutiable goods is 75-80%, but separate storage location & books could not be maintained for exempted goods, can we avail cenvat credit pertaining to usage in dutiable goods (we only know what is the quantity issued to exempted goods with out any batch wise control).

Also would like to know whether maintaining track in ERP system for receipt and issues mean separate records?

DEAR SIR,
WE HAVE OPERATING MANUFACTURING UNIT,OUR TURNOVER IS FIVE CRORE.WE FILED ONLY ER--1.RETURN MONTHLY ONLY.WE HAVE NOT FILED ER-6 RETURN ANY YEAR LONG TIME,PLEASE ADVICE ME WHAT IS ER-6 RETURN.IS IT MANDATORY.

PLEASE ADVICE ME IS ANY OTHER RETURN FILE TO EXCISE DEPTT.EXCEPT ER-1 RETURN.

There was apparent mistake from in a order passed by commissioner appeals, central excise dept. I applied for rectification of order but i was told that there is no provision in law wherein rectification is allowed for commissioner appeals in central excise. Please suggest.

Dear Sirs,

I am working as AM(Purchase).

Please clarify Below :

One of our supplier raised an invoice as under :

Basic cost(X) + ED(Y) + Freight(Z) + CST on(X+Y+Z).

Is this correct procedure?

How can they charge CST on Freight?

If freight includes in Basic price but not shown separately in invoice , then can we calculate ED on basic price?(i.e includes fright).


We have Modvat Benefit.

Please clarify.

Regards,
Pratap.A

Dear Experts,

This is regarding rejected goods, as we have sold goods by discharging Excise Duty and after some time we have received some rejected qty which are non re-made nor re-conditioning absolutely unusable condition. On receipt of rejected material we are not claiming CENVAT but maintaining a separate register for this lot. Now my queries are:

1). After due examination of these rejected goods can it be re-used this scrap material as inputs to make other final product. If yes? shall we have to reverse the credit of such qty of inputs which we are using to make other product?

2). After due examination of these rejected goods can we sell these as rejected unusable goods at nominal rate without excise duty. Bcoz we are not claiming any cenvat credit while entering in our premises.

3). After selling these goods will mention the invoice nos in our separate stock register.

Need advice on the above isses asap