This Query has 1 replies
Can goods purchased from an uregistered dealer, that is no levy of excise, be sold as excisable goods without manufacture being carried out on them, as the manufacturer has mixed such inputs with his scrap and cannot differentiate between such two goods. Also how will he make an entry of such stock in his daily stock register?
This Query has 1 replies
Can a central excise registrant manufacturer exporter exporting under UT-I can purchase the excisable goods without payment of excise from another manufacturer under the provisions of Central Excise Rules 19 of central excise (No.2) Rules 2001 on CT-I or Certification under Para 1 of CT-I by Central Excise Deptt. Can the said manufacturer exporter obtain a certificate from Department to procure excisable goods without payment of excise. Can he export the goods from another manufacturer"s premise
This Query has 2 replies
Dear Sir,
If we purchased a capital goods i.e. a machine then we credit 50% excise duty in current year and balance in next year. If the machine after two months become demolished due to short circuit & we further sale the demolished machine as a scrap then how much duty we will debit either 50% or 100%
This Query has 1 replies
As per section 4A of excise act, 1944 when goods are required to declare MRP then excise duty to be calculated on MRP value But my question as per defintion of MRP it includes all taxes then how custom duty can be charged on MRP price. Pls help in this confusion
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WHETHER A VENDOR CAN CHARGE SERVICE TAX ON SOME CHARGES AND THAN ADD THAT CHARGES LIKE (INSPECTION CHARGES) IN EXCISE ASSESSABLE VALUE AND CALCULATE EXCISE DUTY ON THAT OR HE SHOULD EXCLUDE THESE CHARGES FROM ASSESSABLE VALUE....
This Query has 1 replies
Dear friends/Experts,
Can anybody advise me on the following.
Is there any duty liability if exported goods (ayurvedic medicines) are returned before expiry of goods (expiry in March 2014). Goods returned in February 2014. What if we do not want to take delivery of such returned exported goods from Customs and requested them to destroy the same? In that situation, is there any duty liability?
Are we required to intimate such return of exported goods to Central excise?
Export was made 3 years back without payment of duty.
Please advise..
Thanks in advance..............
This Query has 3 replies
Sir Can Any one Help me to Know How to Claim the Excise Duty Amount We Are Buying the roofing Coil From Delhi.... May i Know The Procedure For That please Help Out in This It will be A Great Honour From Your Side to Me Awaiting For Your Reply
This Query has 3 replies
We are manufacturer of Industrial Machinery and its spare parts and supplying to various domestic comapanies as well as exporting to various countries.
Our unit has practice to remove some input items "as such" by payment of full excise duty from Cenvat Credit/PLA on enhanced value of input.
Whereas as per Excise Rule we should charge an amount equal to the credit availed in respect of such input sold as such.
Now, Excise Deptt is asking that it is illegal to charge full amount of duty while selling input as such. So we should refund the excess amount charged in our invoice along with interest thereon.
Our stand is that whatever amount has been charged in invoice, is utilized from Cenvat credit/PLA, and if we have to refund the excess amount, we should be allowed to avail the credit of this amount because there cannot be double duty on single sale.
But they are denying for availing the credit of this amount.
Pls advise on the matter.
(Anil Arora)
Manager Finance
This Query has 1 replies
hai friends , goods were purchased by manufacturer and seller levied excise duty on the product . product was received in stores and stores raised miir and send a copy to accounts dept . my doubt is when will the manufacturer take credit on such goods 1. at factory , 2. in accounts dept or if at different place pls specify.
This Query has 5 replies
Dear Excise Expert,
Requesting you, kindly provide a Judgement soft copy for No Penalty for not filing ER-1 NIL returns to my e-mail ID venkatesh14@gmail.com
This is required to to specific requirement
Thanks a lot
Regards
Venkatesh
Online GST Course - Master the Fundamentals of GST with Practical Insights
Sale of inputs (from an unregistered excise dealer) as such