This Query has 2 replies
Dear Expert,
my friend has purchased machines and paid excise and VAT for production of goods( Rubber products manufacturer), his factory is in mumbai, but he installed the machines in his uncle's unit which is located in Gujrat for production of Semi finished goods. and the semi finished goods transferred to his factory at mumbai for finish goods.
my question is whether he is eligible to take Canvat credit on machines purchased( capital goods)??? he is the owner of machines purchased. please reply , amount involvement is very high.
This Query has 3 replies
Respected Sir / Madam,
Whether Credit in Central Excise Account can be Adjusted against Service Tax Liablity , Interest & Penalty of Past Years...
Also, If Show Cause is issued for payment of Service tax of past years (Goods Transport Agency) ..can the Assessee go for the Service Tax Scheme...
This Query has 1 replies
Dear Sir
I am importer& supply our product
to two type of customer.
1.Excise registered manufactring unit
2 Trade Channel dealer ( Non excise regD)
pls advise whether i can generat/use two
type of invoice set
1 one for excise regd unit as per it prescribed format
2 other for Trade as Tax/retail invoice
prescribed in VAT
Thanks & Regards
This Query has 1 replies
Dear Sir
I am importer of bearings & supply it to manufacturing unit. please suggest wheather i can pass on following duty component also to my maufactrere client as CENVAT(we both are excise registered)
1.Additional Duty (import) 4% Y/ N
2 Custom education cess 2% Y/N
3 cust.ces& Higher edu ces 1% Y/N
thanks & Regards
This Query has 2 replies
dear sir, any excise dealer can get duty drawback / rebate claim against export of goods.
This Query has 1 replies
Dear Sir,
I am just got Import Export Licence, now i want to start export vegetables to foreign countries.
Kindly tell me process of vegetable exports.
This Query has 1 replies
Dear Experts
We export goods under duty free to Nepal. When we file ER-1 return that ask Non tariff Notification No. & Sl. No. So you are requested to please provide me Non tatiff notification No. & Sl. No. for export under duty free goods.
Thanks.
This Query has 5 replies
Dealer having turnover below 400 lakhs are called SSI. I want to know is there any advantage given to SSI in law as compared to dealers having more turnover than 400 lakhs?
This Query has 3 replies
Dear Sir
I have raised a Invoice to Customer adding Freight Amount of Rs. 75000.00 bu have paid the Transporter Rs. 50000.00 can i liable to pay the Excise on balance amount of Rs. 25000.00 (Freight is Charged from Palace or Removal to Customer Place) Please explain
This Query has 3 replies
Dear Sir,
I want to know export procedure for Direct export and Documentation for the same. after export what is the procedure of rebate claim.
Thanks and regards,
Mahadev
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Very urgent!! whether canvat credit on machines is allowed??