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Yogesh Rao
This Query has 2 replies

This Query has 2 replies

18 April 2014 at 23:23

Benefit of excise duty reduction

A car is booked with Ford dealer with token amount of Rs. 50000 on 02-02-14. At that time ex-showroom price is Rs. 8.28 lakhs. Subsequently in interim budget GOI reduced Excise duty from 12% to 8% for this car category. Now revised ex-showroom given is Rs. 8.22 lakhs i.e. reduction of Rs. 6000 only. My query is, assuming Assessable Value of car at Mfr's factory gate @ say Rs. 6 lakhs the Excise reduction of 4% comes to Rs. 24000. Should this benefit not be passed to final consumer (customer) and whether not passing of same tantamounts to "Unjust Enrichment" by the Mfr Ford Motors? Will be grateful for clarification of my doubt. Thanks in anticipation.


Arjun Rathi
This Query has 1 replies

This Query has 1 replies

18 April 2014 at 19:19

Removal of capital goods

I removed a capital goods after use. And as per reversel rules of excise, duty payable by me is 50000/- but as per transaction value, excise duty payable is 40000/-(333333 12%). I have to pay whichever is higher.. pls tell me in creation of bill, how much amount of excise duty will be added?


Hardeep Singh
This Query has 1 replies

This Query has 1 replies

18 April 2014 at 11:34

Levy of excise duty

Dear Sirs,
Please answer my query:
As per section 3 of CEA 1944, a Duty of Excise is levied on all 'EXCISABLE GOODS' as and at rates set forth in Ist and IInd Schedule of CETA 1985.
Now when the goods liable to Excise duty have already been mentioned in the CETA 1985, then why we need to determine whether something amounts to manufacture or not or whether something is regarded as goods or not.
Please elaborate your answers
Thanks in advance


Sourav Sinha
This Query has 3 replies

This Query has 3 replies

The process is as below:
"Raw Coal is carried to a crusher machine, where it is crushed to desired size. During crushing, some coal are broken into very smaller pieces and are called under-sized coal which are sold in market as it is. Whereas the sized coal are taken into the manufacturing process for the production of Soft Smokeless Fuel Coke and its by-product."

Ques : - Whether the process of crushing of big sized coal from where under-sized coal is screened out and sold into market as it is, without undergoing into any manufacturing process is an event dutiable under Central Excise Act?
Whether the process of crushing of coal, a manufacturing process?
Pls. reply as early as possible, supported by any related case laws and provisions of the Act.


Praveen kumar varma
This Query has 2 replies

This Query has 2 replies

Dear All

pls advice which type of tax applicable on product.

We have manufacturer of Software but we dont known which tax applicable


Regards
Praveen


K.Nikshitha
This Query has 2 replies

This Query has 2 replies

17 April 2014 at 09:56

Nil return

Dear Experts,

By Mistake Excise return Filed AS a Nil Return. But we have sales and purchased in last month. Last date for filing excise return i.e 31st March is also gone.

So give urgent replay. How to correct it.
Or Having any penalty?


Reply Immediately.



Anonymous
This Query has 1 replies

This Query has 1 replies

Dear Sir,

Our Plant (SIDCUL ,Rudrapur,Uttrakhand) is Manufacturing OEM parts for TATA motors or Ashok Leyland..
Our Final Product is Exempt from Excise, Income Tax, & CST by 1%, vide Excise notification 50/2003 Dt.10/06/2003

My query is that whether it is necessary to take permission from excise authority before sending the goods for job work outside the factory and what can be happened if we are sending our goods for jobwork without taking the approval from excise authority.



Sanjeev


CA Shripad Deshpande
This Query has 2 replies

This Query has 2 replies

16 April 2014 at 16:24

Excise

One of my client is pharma manufacturer.
The company produces ORS sachet and distribute the same to local distributor ,However local distributors do not want the burden of excise and the company pays exise but same can't be pass on to distributors
Can company claim any rebate/refund of excise under the rules or else what is the remendy?


sanjay
This Query has 1 replies

This Query has 1 replies

16 April 2014 at 15:38

Non moving material

Dear Sir,

My question is i have already non moving material cenvat credit is reversed but all non moving material scrap sale with duty paid.

Can i availed again canvat credit for non moving material.


NASIBULLA
This Query has 3 replies

This Query has 3 replies

15 April 2014 at 17:35

Non filling of excise return

excise dealer not a manufacture has tin no and also excise no he flie vat return properly but in excise he is not file his excise return but making sale purchase on excise basis






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