Trading of Goods is specifically included in exempted services, The provision of cenvat credit rule 6 of cenvat credit rule 2004 will be attracted

it is applicable for domestic trading or also export trading

if we are getting foreign currency, sub rule 6(v) & 8 (a) & (b) of Cenvat Rule 6 will not be applied


Best Regards

kalyan

Sir,

I am so confusing in understanding about first stage dealers and second stage dealers in central excise and their roles. can any one teach me with some good example?

otherwise,it would also be helpful if anybody provides any link about it.

thanks in advance.eagerly waiting for reply..

I want to know that what is the limit of Excise Registration and after taking registration is there any exemption limit to raise sale invoice without excise duty. if yes, please explain

Dear All,

Facts of the case

A manufacturing unit is eligible as an SSI unit according to Notification 8/2003 i.e its eligible turnover in the preceding year does not exceede Rs. 4 crore

Question

1) Do i need to formally get registered as an SSI Unit under the central excise act in order to be eligible to gain Rs. 1.50cr exemption or i am automatically an SSI without intimating any details to the department as such.

1) Do i need to intimate any information to Department even if the Turnover does not exceede Rs. 90 Lakhs that indictes that i am an SSI Unit.

One of my client has just crossed the Thrush hold limit of 1.5 crores and has registered for excise. Now I wish to know that in same name can my client do Trading Activity and the Manufacturing Activity, what is the excise implication. Is there any rule and section under Excise ?

Can he take a separate premises for Trading activity under the same name and registration ?

R/Sir,
Can we export the non-excisable consumable items which is not manufactured by us & as trading activity.
We are the manufactuer exporter having Central Excise registration.

If yes please let us know the Central Excise procedure for clearance of the said goods.

Regards,
Winley

if suppose A.LTD is not registered in excise
A.LTD purchases and pays excise @12.36%

So my question is, can he charge the same excise amount to the debtors that he has been charged in purchase bill or

charge normally according to the calculations where excise liability will be raised upon the co ?

Sir we are a manufacturing company of auto parts and are covered under excise. our constitution of company is HUF and now we wanted convert huf to proprietorship. sir wanted to knw do we have to surrender our excise number and apply for new or is there any amendment can be done in excise if we change our constitution from huf to proprietorship.

canned software

Suppose A Received a Delivery oredr of coal from SECl in his name &
directly sold the delivery order to B & goods is received by B directly from SECL .
My query is that can B will be treated as 1st stage dealer & transfer the excise.
& if not than is there is any other way by which B can transfer the excise to another dealer.