This Query has 2 replies
Dear Sir,
We are excise registered automotive parts & bearing manufacturer.To meet our customer requirement one testing equipment is develop by us.Cenvat credit against this equipment purchase can treat as a input or capital goods ? Please advice.
Second thing this equipment we have to remove to testing agency and it will be permanently lying with them than which removal process of excise we should have to follow ?
If possible,an answer with notification no.is highly appreciated.
Thanks,
R.J.Dave.
This Query has 3 replies
Dear All,
we are Stock transferring a product to our unit in different state on 'F' Form.
That Plant transfer some rejected qty on excise invoice, then we do rework and send back on excise invoice.
I want to know what kind of documentation we need to record regarding excise purpose. and Should this rejected qty reflect RG 1 register.
Can i remove the rework Qty on 'Remove as such basis' without effecting RG1 register.
Please Suggest.
Regards:
Prateek jain
This Query has 1 replies
hi
I want to buy materials from china like battery cell, PCB, Hsg, etc from china and after that i want to assemble those materials to make it finished product as Complete battery not manufacturing in india only assembling so there is excise on it plz advise so i can proceeed. and also i can show wages on that in income tax
This Query has 3 replies
we have exported some items and paid excise duty on them under rebate claim..so what should be the accounting treatment of excise duty paid can i use it as cenvat credit or not.
This Query has 6 replies
hiiii...we have exported some items on which DEPB credit facility is available it is 1% on the value of our product.and we have received some of them but other applications is pending..so in what account i should credit the received amount as income and what should be the accounting treatment of pending application..hows it will be presented in balance sheet.
This Query has 3 replies
One of my client who is a dealer would like to buy fabric and give it to the sub-contractor for stiching and finishing and sell it in the market. Is it necessary to register as a manufacturer with excise authorities since the label has to be sticked on the finished product ( eg:curtains, towels etc)as Manufactured and marketed by etc. Pl. highlight me on the registration.
We are not into ready made garments. The materials dealt by us are home furnishing items such as bed linen,curtains, towels, quilts,bedsheets, pillows etc
This Query has 1 replies
if a subsidiary company is located in between campus of one big maufacturing company and the subsidiary company provide finished goods to manufautring company which is a raw material for the maufacturing company so what will be the procedure of excise payment between these two company
This Query has 1 replies
Dear Sir,
We are running microbrewery(Fresh beer Manufacturing) business in bangalore. manufacturing equipment (brewery) mostly should be imported from other countries as they are no good suppliers in india. Huge Import duty 30% is being levied. Is there any way we can avoid this and reduce capital cost?.
If we are eligible for EPCG.. what is the EO?.. we got import/export license. Mostly we wont be exporting anything as such.
Please advice.
Thank You
This Query has 2 replies
SIR,
I WOULD LIKE TO IF WE CAN TAKE CENVAT CREDIT OF SERVICE TAX PAID BY US ON THE BILLS IN THE NAME OF OUR CARRYING AND FORWARDING AGENT . IT WOULD BE VERY HELPFUL IF YOU COULD ALSO PROVIDE ANY SUPPORTING TO YOUR POSITIVE OPINION
THANK YOU
This Query has 1 replies
WHY PROOF OF EXPORT IS REQUIRED
WHO HAS TO ISSUE IT TO WHOM
WHAT ARE THE CONSEQUENCES FOR NOT GIVING IT
PLEASE GIVE ME CLEAR DETAIS FOR PROOF OF EXPORT
FOR MERCHANG EXPORTING BY MERCHANT EXPORTER FORM ARE-1 IS REQUIRED YES OR NO
IF MANUFACTURER UNDER EXCISE COVERAGE HAS TO FILE FORM ARE-1 FOR EXCISE DUTY FREE ITEM
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