Our company has purchased machinery (whole plant) in lumpsum from another company through agreement 3 years ago. we did not take any input credit on such machine.

Now, we are selling these machines. Do we need to charge excise duty on such invoice. Or will there be any reversal of excise duty.

Guide me about VAT also- factory located in Andhra state.

Thanks in advance.

Hi All,
If some one can assist me in this plz
We are Pvt Ltd company want to import - mobile battery cell - pkg material - and other related materials from china - and want to only assemble the said here in india. and to sell in MRP.

it will come under manufacturing and if yes, what will be the procedure to start from the beginning

I understand the said is lengthy procedure but i need it to understand
thanx for your usual co-operation as always

A private limited company being dealer of certain excisable goods failed to file Quarterly Dealer Return by 15th Of July for April-June 2013 Quarter. It filed the return on 25th July instead.

How much penalty will be attracted to the dealer and what is the process of payment of delay penalty in excise for a Dealer?

Hello,
I want to know that if any goods removed from one factory of a company & send to other factory of that same company for further processing, is that to be considered as removal,also clarify payment of duty if answer is positive.

Our company is registered as dealer of excisable goods and also we have Import Export code(IME code). To export, do we have to take any registration additionally as Merchant-Exporter?
How the export invoice should be framed? Procedure to export ?

Dear Expert,

We are a trading firm in Thane not registered in excise. There is an export order we need to fulfill and we are sourcing from a local manufacturer in Mumbai who is excise registered. Kindly advise us on the procedure for excise and sales tax waiver. Also whether RCMC is mandatory. Thank you.

Sir, please help me with the applicability of excise duty on sales against form H.
Thank you in advance.

Dear All,
Is excise duty liveable on subsidy receivable from government on Manufacturing & Production of Fertilizer? If answer is yes than Plz Provide the notification or under which valuation Rules of Central Excise.

company A, in India, is importing one raw material and sells it to a Company B in India within the same state. Company B adds some more raw materials and makes a final product and sells the same to Company A. Then Company A inspects the final product (falling under Chapter 39) packs, labels and sells to its customers in India.
Whether the activity done by Company A amounts to manufacture ? Can it avail Cenvat credit while buying from Company B? Are there any issues ? Please respond - urgent.

Respected Sir/Madam,

If we surrender the Central excise no., the Cenvat Credit outstanding in our account can be refunded..???