This Query has 5 replies
Dear Sir,
I am A manufacturer of Cable wire,
I purchase Semi finished Cable from a importer & than process it (covering cable with plastic coating)and sold them to cable operators and on retail also.
for example:
I purchase one drum of semi finished coaxial cable of copper length 4000 Mtr than, I cover it with plastic coating & make 40 roll of 100 mrt each and than sold.
my last year turnover was 80 lakh
please tell me is i am liable under central excise,
This Query has 1 replies
We are a STPI Unit registered with central Excise Since we are not manufacturing any physical form of goods. all our exports sending through data communication.we are finding a difficulty while filing ER-2 Returns what we should mention in qty column?
This Query has 1 replies
i want to know how to workout the recovery of excise paid on one entire lot.for eg. i bought a lot worth rs 100000 and paid 12.36 as on entire lot i.e 12360/-.. now i want to sell the material after sorting the quality.i.e in smaller quantity for eg for rs 100 .. 5000.. 2000 etc how should be the excise calculated in such case
This Query has 1 replies
dear Sir,
my query is that have an 100 % EOU storage its raw material outside the private bonded warehouse ? if yes dn what is provision for that ? how it will b operated ? sir please help me
This Query has 1 replies
Dear Experts,
Can we Charge Excise Duty on Freight Amount as well, if we are issuing a Manufacturing invoice to customer and freight amount we are getting as a reimbursement. But we are mentioning over the invoice.
This Query has 3 replies
I am manufacturer and supply goods to exporter against form "H". I do not charge either vat nor excise.
What is the process as per rule 19 to claim exemption under excise duty.
any document to be collected from exporter?
anything else need to be taken care in such transactions?
This Query has 7 replies
I NEED A ADVICE ON CENTRAL EXCISE RULE.
I HAVE ONE SMALL MANUFACTURING UNIT IN KOLKATA HAVING TURNOVER OF 5 CROES AND EXICE REGISTERED . I HAVE SET UP A NEW BIGGER FACTORY 40 KM FAR FROM EXISTING UNIT.
I HAVE ALREADY TAKEN REGISTRATION OF NEW FACTORY. FEW MACHINE HAVE ALSO BEEN PURCHASED AT THE NEW FACTORY.
I WANT TO SHIFT MACHINE, RAW MATERIAL, GOODS IN PROCESS AND FINISHED GOODS FROM THE OLD FACTORY TO THE NEW UNIT.
SHOULD I HAVE TO PAY EXCISE DUTY ON ALL THE ITEMS TO BE SHIFTED FROM OLD UNIT.OR ALL THE ITEMS CAN BE SENT TO NEW UNIT WITHOUT PAYING ANY EXICE DUTY(REMOVED AS SUCH)
PLEASE CLARIFY THE PROCEDURE. DO I HAVE TAKE PERMISSION FROM AC OF OLD UNIT OR SIMPLE LETTER OF INFORMATION WILL DO.
M.L.AGARWAL
91 9330454545
This Query has 1 replies
I m a mnufacturer & exporter. I also sell some finished goods to a 100% exporter agst. Form H. All the goods despatch from my permises to relevant port with that exporting firm's invoice.
In such case please guide me that exice duty will be imposed on my firm or not??
This Query has 1 replies
can any one tell me the way of treating the paid excise duty,education and higher education cess paid to the supplier and at the same time if it is collected from the buyer...please eloberate your answer with the
way they should be treated in books of accounts and the amt to be remitted to govt..hope i have a quick reply..thank you in advance
This Query has 3 replies
1. Contracted price for delivery at buyer’s premises: ` 8,00,000. which included the following: (i). cost of drawings and design ` 4,000; (ii). Cost of primary packing ` 8,000 ; (iii). Cost of packing at buyer’s request ` 10,000; sales tax 28,000 and excise duty 12.36%; (iv). Octroi ` 2500; freight and insurance charges paid from factory to warehouse ` 20,000; (v). actual freight and insurance from place of removal(warehouse ) to buyer’s premises ` 45,600 Find Assessable Value
2. Tej Ltd. cleared 5 lakh biscuit packets each bearing a retail price of `20. Due to delay in transportation, the quality was affected and the goods had to be sold in public auction at Rs 10 per pack. The goods are notified under section 4A and Abatement rate is 35%. Find out the assessable value.
3. Calculate the assessable value from the following information: Total production 3000 units; sold 750 units @ 200 per unit and 950 units @ 190 and 150 units were distributed as free samples. The prices above are excluding taxes.
Solve this problems plz
Online GST Course - Master the Fundamentals of GST with Practical Insights
Applicability