Dear sir,
we are manufacturer had imported polyester film from our overseas supplier,

during the F.Y. we imported said commodity paid all custom import duties at applicable rate. accordingly we availed CVD, Cess on CVD and Special Additional duty.

on receipt of import goods, some of qty rejected by our Quality control dept. overseas supplier had also agreed to get all these rejected lot. on which we re exported entire rejected lot u/ r Custom sec.74 .
we re-exported rej.Qty u/r Cover of ARE-1 as input as such Clearance on debit of duties ( CVD.CVD Cess and 4% addl duty) in credit account.
we submitted Rebate claim Application with Deputy commissioner Central Excise , Central Excise dept. had sactioned Rebate and issued Cheque to us, after one month excise dept objected and issued demand notice to pay back rebate amount alongwith interest as they stated that this is an erroneous claim and goods re-exported are not excisable .

we do wish your valuable guidance whether we have to return back rebate amount alongwith interest . if we have to pay back to excise dept . then from whom debited duty will be get back.

regds
vinay Karnik
Ahmedabad

Respected Members,

What would be the treatment in case of below facts.
1. If I am leasing a Machine to the Other Party and I am registered under the Dealer Excise , How I can pass the Excise Duty thereon, Excise Duty is passed on to me while purchasing the machinery by me Please make a note that it is a Lease of Machine to the Other party, though the ownership will remain with me.
2. What will be excise procedures to be followed in case of above sceanrio.
3. Thirdly , How the opposite party (Buyer) will record the Transactions.

Please reply Urgently

Sir,

Party has made excise invoice and made ARE-1 for 3 products. The buyer and seller has filed vat returns.

But the buyer needs only 2 products, they don't need 3rd product. After hearing this, the seller cancel the old invoice and made new invoice for 2 products in this month.

The old invoice has been submited with customs dept.

what is the impact of new invoice made and old invoice is in customs dept.

Please advise.

with regards
S.SREEDEVI

SIR
i purchase raw material from different manufacturer and take EXCISE credit on them and i also allow 10% tolerance(normal loss) so i use to pay for whole amount but i take excise credit only on actual received not on whole quantity

e.g qty received 100 ton excise charged rs 10000 now actual received 99 ton but i pay manufacturer for 100 ton so amount of excise can be avail 9900 or 1000

sir is you know any case study related to this so please give reference

I need details about detailed procedure and forms used for import and export i.e. from placing of order to goods received by me or dispatch of goods.If any book is available then give me name of book.

Dear Experts,

When applicable ER3 Return.

sir,
vessel arrived in chennai on 10/10/2013
now i apply EPCG for DGFT, that license receive after 7 working days,

if after received the EPCG license can i use and clear my consignment on before BL Date

my BL 12.09.2013
epcg license date : 17.10.2013 supposed

can i clear by consignment with EPCG license

DEAR SIR,
I WANT TO RECEIVE A NEW EPCG CERTIFICATE. COULD YOU TELL ME THE CALICULATION PART OF INVALIDATION WHEN CAPITAL GOODS PROCURED FROM DOMESTIC SUPPLIERS. SIR COULD YOU TELL ME WITH EXAMPLE (IF CIF VALUE IS 100).AND WHEN WE WILL SUBMIT INVALIDATION IN DGFT

THANKS & REGARDS
SUDHEER

how possible retailers goods sold below MRP price?

CG by notification increased excise rate from 12% to 20%. The parliament session withdrew the above changes after 5 months and the rate was back to 12%.
A Relevant company paid excise as per increased rate of 20% for 5 months and certainly the company won't get refund for excess excise duty paid for 5 months. so my question is whether the company would get benefit as adjustment in payment later on in subsequent payments ?