Rakesh Khurana
This Query has 4 replies

This Query has 4 replies

23 June 2016 at 13:58

Proof of export

Dear Professional Colleague,

What is the time limit for submission of Proof of Export,?
What kind of Document need to Submit along with POE?
Is exporter need to follow up with excise dept for getting acceptance of Proof after submission of proof of export?


CA.P.SHEKHAR REDDY
This Query has 1 replies

This Query has 1 replies

22 June 2016 at 13:24

Excise registraton

Dear Friends

My one client (Private Limited Company) wants to registration on Central Excise. He is doing business of coal trading and in future he want to establish Coal Washri Plant.
Please suggest me whether he is liable to registration under central excise or not


rameshkumarsah
This Query has 1 replies

This Query has 1 replies

22 June 2016 at 11:08

Credit admissable or not

I am buyer (A Ltd), purchase goods from (B Ltd) on which excise is not applicale, only Vat is applicabe.
company B Ltd. Purchase Goods from C Ltd,. on company C Ltd. excise is applicabe.
now; company C ltd. directly send goods to A Ltd. . i have challan on which following details are mentioned
Buyer name; B Ltd
consignee name ; A ltd (availing modvat)

and B Ltd issue separate invoice to A ltd on which only vat is mentioned
I want to know on the basis of C ltd challan I (A LTD MANUFACTURER) can avail credit or not ????
plz reply me with reference to Rule .....


Ritesh
This Query has 3 replies

This Query has 3 replies

21 June 2016 at 10:28

Cenvat credit

I crossed 1.5 cr turnover in jan 16 at that we take credit on stock & charge excise thereafter and at the year end we reverse the credit on closing stock. Now my question is that on feb months bill's debit note received on may 16 we can get the cenvat credit???

Thanks in Advance


Rohan
This Query has 2 replies

This Query has 2 replies

19 June 2016 at 19:49

Manufacture

If making of wheat glour from wheat is a manufacturing process, then why stirring of cream to obtain butter isn't a manufacturing process?? Also, painting of goods is not a manufacturing process. But what if someone paints a sign board on a piece of iron sheet, wouldn't it be regarded as manufacturing as per test used by Supreme Court?


Mitesh
This Query has 2 replies

This Query has 2 replies

18 June 2016 at 18:32

mrp

If retailer of readymade garments set their on mrp label, is he liable to pay duty? example: on duty paid Jeans mrp with rs-1000/- he is selling with no discount now retailer want to set mrp of rs 2000/- and want give 40-50% diascont for better sale ? query is retailer liable to pay duty, retailer can do this for better sale?


KAPIL
This Query has 2 replies

This Query has 2 replies

17 June 2016 at 23:51

Valuation

Hi Respected experts please calrify my doubt reagrding valuation of jewellery for excise purpose Will the value of diamond be liable for excise duty in case of a diamond ring or only the gold portion will be liable for excise... please clarify the doubt thanks in advance


Sachin
This Query has 2 replies

This Query has 2 replies

17 June 2016 at 22:39

Cenvat credit on inputs

Dear Sir, we are 100% EOU Units. What is the procedure for credit taken on input raw material used in manufacture the finished product. Can we claim refund of duty such ?


Mitesh
This Query has 1 replies

This Query has 1 replies

If retailer of readymade garments set their on mrp label, is he liable to pay duty? example: on duty paid Jeans mrp with rs-1000/- he is selling with no discount now retailer want to set mrp of rs 2000/- and want give 40-50% diascont for better sale ? query is retailer liable to pay duty, retailer can do this for better sale?


Devi Chand
This Query has 1 replies

This Query has 1 replies

17 June 2016 at 18:31

central excise and wholesale

Dear Sir, we are manufacturer of medical devices & we take a whole sale licence for selling products. the license is issue on another place which is on rent. we want to do export and buyer is asking some products but we are not manufacture of them. please suggest us it's most important for us that how can we sale the product. we are registered in Excise and other product the buyer is asking non excisable. can we combine them or not. please suggest us.





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