omprakash
This Query has 1 replies

This Query has 1 replies

28 September 2013 at 12:00

Excise credit

which stap and procedure requre for take credit of excise on sales return invoice.



Anonymous
This Query has 4 replies

This Query has 4 replies

27 September 2013 at 23:30

Tips to excise duty

sir indirect tax is a scoring paper but some problem iam cannot understand to excise duty sir.so please tips to excise duty sir
thank you.
my mail id: cssathishkumar007@gmail


Muqtar
This Query has 1 replies

This Query has 1 replies

27 September 2013 at 17:35

Indirect taxes

Can anyone explain the following terms in easy understandable way:

Continental Shelf,

Exclusive Economic Zone,

Special Economic Zone,

100% EOU,

12 nautical mile, 150 nautical mile, 200 nautical mile.




Pavanendra
This Query has 4 replies

This Query has 4 replies

27 September 2013 at 16:27

Supplemtary invoice cenvat credit

Dear All,

One of My Supplier Issued bill with rate difference. So he Issued another Supplementary invoice for difference value. Excise duties also shown in Supplementary invoice.The First bill duties we already taken as input.

For that supplementary invoice, The duty of Cenvat Can be take or not. Pls give the suggestion reg this.


Girish
This Query has 1 replies

This Query has 1 replies

27 September 2013 at 15:50

Correction

if suppose a company issues a Excise Invoice on removal of Invoice. and on next day he realised that he has raised invoice wrongly, and they make new fresh invoice with same sr no. and replace the wrong one,can there be any issue or litigation, if yes please advise


Anil Bhardwaj
This Query has 3 replies

This Query has 3 replies

27 September 2013 at 13:04

Turnover limit to get excise registration

Dear Experts,
One of My Friend want to start a manufacturing plant of Gypsum Board Now I want to know below Queries (Kindly reply me in your own words or simple words don’t copy paste from somewhere else)
1. Is there any turnover limit to Get Excise registration,
• If Yes then Kindly explain the Limit and till the time Limit not reaches Can we issue Normal Sales Invoice.
• If No Then Kindly Explain the Excise registration Process.
2. Kindly explain the Journal entry of Purchase of Machinery before or after starting the business with CENVAT Explanation.
Seeking your Prompt reply!

Thanks & Warm regards


G.Anoop Kumar
This Query has 2 replies

This Query has 2 replies

27 September 2013 at 01:18

Excise duty or service tax

we are a manufacturing unit and planning to outsource some of our process to a job worker. what is taxable for the job worker... excise or service tax. pls note the goods after job work is returned bck to mfg unit for sale. please advice on this


sanalkumar t m
This Query has 1 replies

This Query has 1 replies

26 September 2013 at 15:45

Cenvat on sale of capital goods

Dear Sir,
we purchase some capital goods and availed input tax. Used above goods for 5yrs and now we are going to sell that capital goods.

my query is whether we should charges excise duty on the above sale?



Anonymous
This Query has 1 replies

This Query has 1 replies

26 September 2013 at 10:35

Wrong cenvat credit taken in previous years

Hi friends,
My question is cenvat credit was wrongly taken in previous assessment years, but it come to known in current assessment year by audit of excise dept.

How can we treat the said issue, whether we 1) can reverse it with available cenvat credit in previous assessment years.

2) No cenvat credit available in previous assessment years but available in current assessment year.

3) need to pay in cash with interest.



Anonymous
This Query has 1 replies

This Query has 1 replies

26 September 2013 at 10:01

Capital goods

pl let me know the rate of excise duty on as such sales of capital goods after 2 years





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