if a company had a stock of rs 1,00,000/- purchased at 12.36% excise duty. now the rate has changed to @ 10.30%. what is the effect either the company will incur a loss or profit or no profit no loss. please give detail calculation.

Dear Sir

We are having a manufacturing site and also a repackaging unit under the group of company.
for our production we use to buy some RM for which we use to avail excise duty credit.
Some time we transfer the same RMs to the repackaging unit for their use. Same time through a manual Delivery challan the same is happening. What is the impact of excise duty credit to both the unit i.e.Manufacturing unit and repackaging unit. Please help me on this.

I just wanted to know, the procedure regarding Export to Bhutan.
whether Excise duty is payable?
Shall we Export under Rebate ?

dear sir,

we made a machine in our factory which is not our product and we are going to sale that machine, so what is the implication of excise on saleing that machine? we didn't taken any input for that machine.
how to sale that machine and which documents we have to make?

We are a manufacturer of Re Processed Granules if our Turnover cross 90 Lacs but not exceed By Rs. 150 Lacs in a F.Y.and we not give any information to Excise department due to limit of exemption Rs. 150 lacs in A F.Y. then can excise department will charged us a penalty for not giving information

I am selling cement bags under my own trademark, which the same I am procuring from the other unit who process and manufacture the cement on my behalf(JOB WORKERS).
So Do i need to get myself register under Central Excise Act??
If yes how can I issue invoice and How that job worker will issue invoice for passing on the credit??

Dear Experts.

We have supplied the goods to Mahgenco project under ICB. Now we want to claim the refund against procurement of raw material for this project.

Now the question is Deemed export also is export, Excise duty refund come for deemed export.

Please clarify.

Thanks and regards

One of the clients had despatched material on payment of duty in Dec 12. Customer did not accepted the material but kept with them only. Now in the current month customer is ready to accept the material. But requested for a fresh invoice. Let me know the process to get back the excise duty paid in Dec. 12.

Hey.... I am Hemant Pandey. Pursuing CS(Professional) I want to know whether Export to Nepal will also considered as home consumption or not.because as per the study material provided by ICSI,export to Nepal is not home consumption but export to Bhutan is considered as home consumption.

2)whether nil rated goods is includible in 400 lacs turnover in the case of SSI or not.

I have purchased X goods for manufacturing purpose for Rs. 100 after paying duty of Rs. 2. I have booked CCR of Rs 2 that time but after that i have removed/sold that goods as such from the factroy to a other manufacturer of Rs. 105.

What should be the treatment?
1. Should I reversed the CCR, which I have already booked on purchased and cost of goods should be increased by Rs 2?

OR

2. Can I charge excise duty from the other manufacturer also and then setoff my CCR against it?