This Query has 3 replies
IF A COMPANY HAVING A MANUFACTURING LICENCE THEY CAN MANUFACTURING AND SOLD THE ITEMS WITH LEAVY OF EXCISE DUTY
THE SAME COMPANY CAN DO TRADING THE RAW MATERIALS WITHOUT HAVING A EXCISE TRADING (DEALER) LICENCE OR NOT
pls reply asap
This Query has 2 replies
My query is if any manufacturing unit voluntarily adopts for excise registration than whether it can issue exempted invoices up to 90.00 lacs and the purchaser can avail its cenvat credit though we have issued exempted invoices.
Pls note that unit is existing and going for Excise Registration voluntarily.
In case of any clarification pls ask me
This Query has 2 replies
As a manufacturer I purchased some material from importer & he passed the CVD & SAD proportionately .My query is that can i take cenvat credit of CVD as well as SAD ?
This Query has 3 replies
DEAR SIR,
excise slab for number taken and filing return for quarterly and monthly slab when effective
This Query has 1 replies
It is a condition to avail SSI exemption that turnover of previous year should not exceeds 400 lacs, then can newly eshtablish unit avail benefit of SSI scheme?
This Query has 1 replies
WE ARE SENDING GOODS IN TURKEY BUT PARTY NOT ACCEPTED MATERIAL SAME GOODS ARE SALES TO SECOND PARTY IN SPAIN. INV. AMT. CHANGE & PARTY NAME CHANGE IN INVOICE.PLS WHAT IS PROCESS OF EXCISE DEPARTMENT.
This Query has 1 replies
Dear All
Currently we are availing cenvat credit. Now the company has decided to stop availing cenvat & avail exemption of 1.50 crore from next year. Our current turnover is greater than 4 crores. What is the procedure for the same? Can any body guide me?
This Query has 1 replies
Dear All,
One of my client has paid interest for his delayed payment of duty payable which fell in short for payment. The no. of days calculated by them from the due date to till the payment date @ 18% P A. Actually the total liability of duty is Rs. 834659 they used CENVAT Rs. 636549 balance of Rs. 198110 is cash payment and delayed payment also. Now they calculated interest on Rs. 198110 under Section of 11AA of central excise act. But the department is pressurizing to calculate the interest on the total amount of Rs. 834659. Now I want to confirm is it correct or not? What was the procedure laid down in the law?
Please guide me.
Thanks in advance.
Regards,
Murthy
This Query has 1 replies
we have central excise registration in delhi but now we want to raise a invoice from our godwon which is located in ghaziabad
please suggest us what to do should we need to register in ghaziabad also under excise or our central excise registration in delhi is enough to raise that above said invoice
This Query has 1 replies
1)If two partners have formed three Partnership firm in different name and PAN. in such case for computing SSI limit of 1.5 cr. all the three firms turnover will be clubbed or considered separately.
They are also having three different factory premises in different states.
2)Can the Excise registration be surrendered in case where Turnover had fallen below 1.5 Cr. in current year or is there any time period condition related to that?
For eg.
In year 2010-11 T/O 1.8 Cr
In year 2011-12 T/O 1.7 Cr
In year 2012-13 T/O 1.6 Cr
In year 2013-14 T/O 1.2 Cr
Excise registration