I want to know if delay filing of ER1 by one day whether any penalty provision is there in excise rule. ER 1 no tax liability and no stock production. Pl.confirm whether panalty need to be paid by self or we need do stay and get communication to pay panalty. as per my know late filling of excise eeturn attract Rs. 100 per day. or maximum rs.20000. Pl confirm. thanks in advance. mahadev

Hello sir
one of my client is second stage dealer , He bought material from 1st stage dealer. what will be the procedure of excise duty calculation for raising invoice by the second stage dealer. Suppose he bought material 100 kg @ Rs 12 so 1200+144(Excise ) hence he will sell the material @ Rs 14 per kg so 1400+168 (Excise ) will charge or only 144/-
Thanks In advance ,

Sir,

We are in Manufacturer, for additional Storage purposes we fabricated Steel& iron. Manufactured Storage Tank for Own Purposes. for Ease of Manufacturing......

My Doubt is Whether can we avail the Cenvat Bill of Steel and iron used in manufactured of storaged tank..

reply.......

Thanks in ADVANCE........

Dear Sir,

I am working as accounts manager in Export firm i have made mistake in quantity of export invoice instead of 200 i have wrote 175 the product is against ct-1 now the shipping bill is also generated with 175 what should i do to get the proof of export as the product is against ct-1 and A.R.E 1 .
IN CT-1 and A.R.E.1 the quantity is 200

is there any solution to this

Dear Sir,

As per excise rules need excise registration above 1.5 caror turnover in one firm in manufacturing unit for excise duty

If company turnover is below 1.5 caror then excise duty 12.50% is how to return from excise department.


Thanks,

Zalak Chauhan

our company purchase machinery. at the time we pay excise duty of Rs.600000 can i take full credit of whole amount. if yes please provide any notification

Dear sir,

(1) I want to ask is PP bags falls under chapter heading 39232100? or not.

(2) As per notification no. 12/2015-CE dated 01.03.2015, following changes happen:

Sl.No. Tariff Heading Description of product Rate of duty
“148B 3923 21 00 Sacks and bags, other than for industrial use 15%
148C 3923 21 00 All goods, other than goods mentioned at Sl. No. 148B above 12.5% –
148D 3923 29 All goods 12.5%
-
Sir, I want to ask want is the meaning of other than industrial use here, if industry supply pp bags to Traders, consignment agents , then its falls other than industrial use??

Dear sir
I have some confusion of BED on sugar.
We are a pharmacy manufacturing company we purchase normal sugar for manufacturing of medicine and paying BED on sugar purchase.
so, con i book BED paid on sugar as cenvat credit for excise purpose .
please help me.


Thanking you

Dear Sir,

We are manufacturing unit of exercise books, registered with central excise. We avail cenvat facility & export under DFIA & rebate scheme.

Our question now is: We have procured raw materials i.e paper from uttrakhand mill which is exempted, for which we no credit is availed. We have prepared export documents under drawback scheme for which we wish to avail drawback Tariff. 482001(A). i.e with out availing cenvat & Rebate under rule 18.

We maintain common register for raw materials. Our excise officer is not allowing us in without availing facility. He says ARE-1 is not for consignment wise it for unit wise, As you are availing facility of CENVAT we have to declare as availing facility.

Please advise can we avail drawback 482001(A) or 482001(B)

Thanks & regards

Kamal Joshi

SSI unit sell goods to SEZ is included in 150 lakhs limit or not??

Thanks in Advance