Dear all

if purchase fixed asset excise duty we have to 50% this year and another 5% next year.

If purchase of space parts of fixed assets what is the process.

Thanking You

Amruth Kumar

Dear Friends, We are trading company deals in export of surgical items. We have taken fresh excise registration no. for getting benefits of CT-1 purchases. We buys material from supplier against CT-1 & exported the goods to foreign buyer. Now, my query is this, on which form we have to file excise return to excise department, whether it should be monthly of quarterly & what amount to be shown as we do not have any local sales. Waiting for your prompt reply in the matter. Thanks in advance.

sir, we are manufacturer of electrical goods in Maharashtra, we have got turn-key order from Tamil Nadu electricity board and some of our mfg.(structure) material we are sending through stock transfer with paying excise duty to our Chennai branch which is registered under Tan sales tax, branch is issuing us form "f" and consuming that material for making foundation (Civil work), our Chennai Branch is paying Service tax on 40% of Civil work and Vat as per prevailing rate on 60% of civil work in Chennai.

our question is can Chennai branch avail cenvat credit which has been paid by H.O.?, becoz our Chennai office is providing taxable services for the same material and paying again Service tax and Vat to government.


Dhiraj,
Shreem Electric Ltd.,

at my office i have a company which is manufacturing unit of medical equipments.it has turnover of above 2 crores including 57 lakhs of export.are they eligible to cahrge excise on product? rply asap.

We are manufacturers. We are dismandling the machinery and sold as scrap. what is the tariff no & rate of duty applicable for this scrap sale? whether vat & Tcs also applicable for this? Please guide me the procedures to be followed?

We are charging Freight from the buyer in our FORD invoice,the same material is send through transporter and we pay service tax on transporter invoice? my question is should we charge service tax on our FORD invoice? or we should add the freight value with material and pay Excise on that?

In previous year (2012-13) we have purchased imported machine from China under Zero EPCG Scheme.

We are going to sale-out the such machine now in domestic market.

As per lincence condition we have completed Export Obligation and applied for redemption.
In response to that we have received Licence Redemption Letter from DGFT, as well as Cancelled Bond from Customs which was executed in Customs while lincence registered at customs.

Considering to the above facts please guide us about that Central Excise Duty should be applicable against the said transaction or not.

1. Two partnership firms are manufacturing different products in different factories and having different PAN numbers.

2. Both the firm comprises of same two partners having same profit sharing ratio.

3. Under Excise For the purpose of 150 lakhs exemption as an SSI, will the Turnover of both the firms be clubbed as both the firms are having same partners with same profit sharing ratio.

whether branch is covered under the definition of inter connected unit.... we make sale to branch at lower value to evade excise duty and than from branch goods are sold at full value...what will be the assessable value

Sir
Our client Manufactures Ready mix concrete and uses finished goods for self consumption also.
In this case how should be the excise duty charged and accounted for in the books ?

Can we make excise invoice for self consumption ?