Dear Sir,

We are a trader of Imported Goods.
And Excise duty paid by us at the time of custom clearance.
The same material Export to Nepal.
Now I want to Know that can we claim for Modvat of Excise. And we are not a Registered under Excise.

kindly advice to me for claim the MODVAT

Dear experts,
we have 2 excise registration, one as dealer and other for manufacturing. We are engaged in both activities. we files the separate return as per excise reg no.we have the SAP system installed wherein we have kept the separate plants for trading and manufacturing. need less to say we donot take the input credit of input for purchases in trading plant and do not charges the duty on sales.
all the excise related ledger accounts e.g. input credit a/c, excise duty payable a/c, maintained relates to manufacturing activities.
Whether we need to reverse the cenvat credit for trading activity carried on ?

hi. this is Raghu . i have dout in excise duty how will i intake amount from (collected duty )sales and how adjusted with purchase( paid excise duty) kindly give me the answer

As per Cenvat Credit rules,when inputs are cleared as such Credit availed is required to be reversed. But what is the duty payable or credit to be reversed when the inputs are cleared at a higher value?

My company registered in excise and Purchase capital goods from other excisable registered company, Can I take Input credit of Excise & vat

Example:-

Purchae: (Fixture)---

Assessable Value: 34573

Excise @ 12% 4149
Edu. Cess 2% 83
S.H E 1% 41
Total Taxable Value 38846
Vat 13.13% 5099

what journal entries

Dear Expert,

I need your expert openion on following issues:

AS per Excise Definition Manufacturer is:
a) Who actually take place manufacturing activity

b) Who work on hire basis.(Under Control & supervision of main manufacturer)

If one trader buying goods & further get it processed from other on labour charge basis. under this case trader has no control or supervision then who is manufacturer TRADER OR THE PERSON WHO OS DOING LABOUR.

Pls reply asap

GOOD AFTERNOON AL EXPERTS,
I WANT TO ASK PURCHASE RETURN IN CASE OF EXCISABLE UNIT.WE ARE EXCISABLE UNIT. WE PURCHASE SOME MATERIAL FROM GAMUT ELECTRONICS.IHIS IS ALSO EXCISABLE UNIT.BUT DUE TO IQC ISSUE. WE WANT TO RETURN THIS MATERIAL TO PARTY.BUT VANDOR SAYS THAT PLEASE DO NOT RETURN GOODS AS DEBIT NOTE. PLEASE RETURN GOODS IN SALES VOUCHER. MY QUERY IS THAT WHAT IS DIFFERENCE BETWEEN DEBIT NOTE AND SALES VOUCHER IN CASE OF EXCISABLE UNIT.

Dear All,

WE ARE EXPORTER OUR FACTORY LOCATED IN BARAMATI & HEAD OFFICE LOCATED IN HYDERABAD.

WE MENTIONED OUR EXPORT INVOICE EXPORTER ADDRESS OF HYD OFFICE & FACTORY ADDRESS OF BARAMATI

I WENT TO OUR EXCISE RANGE PUNE OFFICE FOR SUBMISSION OUR REBATE CLAIM DOCUMENT BUT THE OFFICER SAID YOU HAVE TO SUBMIT YOUR REBATE CLAIM IN HYDERABAD.

WHAT SHOULD WE DO PLEASE ADVICE.

Dear Member,

If a trader transfer his goods from one registered premises to other registered premises, can cenvat credit be claimed on the basis of invoice issued by his second premises if his first premises is SSD in respect of those goods.

For Example, A Pvt Ltd has two premises (P1 and P2). Both the premises are registered as dealer under Central Excise. Suppose A Pvt Ltd purchases the material from B (First Stage Dealer) and receives such material at P1. Later on, A Pvt Ltd transfer such goods to P2. From P2 such goods are sold to C(manufacturer). My question is can C claim cenvat on the basis of invoice issued from P2?? Is P2 a SSD or it is out of excise chain in this case??

Installation certificate for having installed the capital goods imported under EPCG license is to be issued by the jurisdictional Assistant Commissioner / Deputy Commissioner of Central Excise or by the jurisdictional Superintendent of Central Excise?