i bought raw material from dubai on which i have paid custom duty of Rs. 1800000 out of which 800000 is cvd.

I am a registered dealer and having iec,epcg.

How should i can get refund or credit of this duty paid by us ?

Till how many installment i have to take credit of this paid duty?

We are a SSI unit.In previous financial year (i.e.,2013-14), the unit remained closed for half the year. So our turnover was down from Rs 350 lacs to Rs 143 lacs. Due to personal problems and un-viable market scenerio, we won't be able to run the unit for the whole year 14-15. At most, we could try to achieve a turnover of around 1 to 1.25 crores in FY 14-15.Thus, we do not at present need registration with CE authorities.
We have surrendered excise registration online thru ACES on 31st March'14 itself, and sent original RC alongwith declaration by registered AD post to the Range Supdt. with copy to supdt. registration in the division office on 31/3/14. However, despite passage of 12 days, we are yet to get an official confirmation of acceptance of our surrender request by the department. Neither any receipt is generated from within ACES, nor any email is received from the deptt.
How do we know that our surrender request is accepted by the deptt. and our RC is cancelled wef. 1/4/14 or not? When we check assessee status from ACES, it still shows as ACTIVE till today,ie. 12th april'14.
How do we clear the finished goods lying in stock till we are informed of cancellation of RC? We are still able to login to ACES but under "View RC" option, it is mentioned that PV process is in between, so RC could not be viewed. What PV (Physical verification") the Range or division office would carry out, and by when? Pls help us understand the whole process of de-registration.

Dear All,

We are a paper manufacturing unit and having expansion unit also. We purchased Castrol Molub oil(HSN No. - 27101980) for our expansion unit. Can we avail cenvat credit if use above item in expansion unit.. or running unit.

Thanks in Advance.
Regards
M.RamKumar

The unit is an SSI and it has not crossed limit of Rs. 150 Lakhs. Hence, as per N/N - 8/2003 - 1. Capital Goods - 100% Cenvat credit available in 1st year. 2. Inputs - No Cenvat credit upto Rs.150 Lakhs. My question is what about Cenvat credit of Input Services of Services received before crossing Rs. 150 Lakhs limit. Do read N/N 8/2003 SSI and do provide me any legal support.

SUPPOSE A MACHINERY RS.455000 AND ON ITS EXCISE AND ADD.EXCISE TOTAL IS RS.109003 AND THIS MACHINE IS IN WARRANTY SO CO.CAME AND REPLACE PARTS OF MACHINERY BUT THEY ISSUED A CREDIT NOTE OF RS.455000 TO ME NOW QUESTION ARISE THAT HOW CAN I AVAIL THE EXCISE CREDIT UNDER EXCISE RULE BCOZ ACC.TO ACCOUNTING I HAVE NO MACHINERY IN MY BOOKS AS PER ABOVE CASE

PLEASE GIVE ME THE ANSWER FOR ABOVE QUERY WITH FULL ACCOUNTING TREATMNET AND WITH RULES OF EXCISE

ITS VERY URGENT

Dear Sir,

Please provide the Excise invoice format for Manufacturing Company.

Regards

R/Sir,

We are manufacturer of PAPER BAGS & not Registered in Excise. Our annual turnover of PAPER BAGS is less 130 Lacs. But now we have some order for sale of Paper Reels, which is our Raw Material. We also want to do TRADING of Paper from our firm WITHOUT ANY CHANGE IN PAPER.

We want to Know that our sale of Trading of Paper will be also including in exemption limit of 150 Lacs OR NOT.

IF WE CAN DO TRADING, PLEASE TELL US THAT THE SEPARATE BILL BOOK WILL BE NEEDED OR NOT.

Please reply.

Thanks in Advacnce.

sirs,

our industry comes under rule 1/2011 and we charge excise duty @2% on our finished products. some times, our despatch people wrongly despatch the material extra instead of 2 nos 3 nos.But, Invoice raise only for 2nos, but actual qty despatched 3 nos, the same thing will come to know only after receipt of the material by our customer and they will ask us to raise debit note for excess qty of 1 no. we raise supplementary invoice for excess qty. But, our customer is not accepting and saying only debit note required.

doubt: shall we raise debit note for excess qty despatched?

kindly clarify the same.

Thanks and regards

KISHORE.MVRK

Sir
My client is a leather goods manufacturer (SSI Unit + Vat registration) and exporter doing local sale also as follows:- in the Fy 2013-14.

1) Export Turnover Rs.2 (two) Crore +
2) Domestic Sales Rs. 80 Lacs+
Total Turnover Rs.2.8 Crore.

SHOULD WE TAKE CENTRAL EXCISE REGISTRATION IMMEDIATELY NOW?

what is the difference between production and manufacturing?