This Query has 1 replies
we have lost a case in CESTAT and not the case is pending before high court. Now our auditors are saying the we should not show this under contingent but should make provision in the books of accounts because we have lost the case in CESTAT. Now, if we provide this in the books, whether later on our claim can be rejected by invoking unjust enrichment clause or not. Please clarify.
This Query has 2 replies
Dear Experts,
We are in receipt of excisable material, which address & ECC number mentioned on duplicate for transporter copy is of our another unit, however address on Lorry Receipt is correct, In that case can we eligible to avail cenvat credit ?
Thanks !
This Query has 3 replies
Dear sir
I am doing audit of a shipyard situated in goa. they also manufacture the propellors of ships. For this they have a seperate machining shop. All the required material is purchased in india. During the manufacture of these propellors 'powder like iron'emerges as a result of manufacture along with the main product. This along with waste steel sheet(used for ship construction) is sold as scrap.
I want to know whether the sale of such scrap attracts Excise duty
Regards
Prajot
This Query has 1 replies
Dear Experts,
We are in receipt of excisable material, which address & ECC number mentioned on duplicate for transporter copy is of our another unit, however address on Lorry Receipt is correct, In that case can we eligible to avail cenvat credit ?
Thanks !
This Query has 1 replies
I am working in manufacturing company we send finished goods to our customer under Rule 11 of Central excise, party rejected a few quanty & aloso sent us under Party Excise invoice & declared that on invoice we have not avaied the cenvat credt becaouse excise duty of his final finished goods has been exempted vide notifiction 23/2004 dt 9.07.04 (tractors).
In view of above please tell me that how can take cenvat credit on party invoice as party mentioned toal value on invoice including Excise duty.
Please help me.
This Query has 1 replies
We are manufact.of plastic parts.we want to purchase molds from manfrr.and sale to exporter,who will export the same.Please tell me,if CT1 by exporter are issued to manufacturer directly then how can we issue Invoice to exporter.and how manfrr can issue invoice without invoice in our favour.Thanks
This Query has 7 replies
Dear Sir, We are the Manufacturer of Excisable Goods, but lack of Space in our Premises we want to opt for an Private Gowdon for FG Goods storage. And the Goods will be removed from Gowdon directly for sales. Please guide the procedure for removal of goods from factory primises to Gowdon. Is any registration to be obtained by the Central Excise for the gowdon. or any intimation to be send to to Excise. What documents to be prepare to send material from FActory to gowdon Distance arount 1KM only, Regards, HN Manjunatha
Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=631108
This Query has 2 replies
Hi Dear All,
Can any one please tell me about item Tariff Head no.8413:81:30 and 8413:70:10 of a manufacturer company excise duty on these metrial is 6% but i dont know abt the scrap sale rate of duty and notification no. can any one plze provide me.......
This Query has 3 replies
dear
a dealer whose turnover exceeds 2 crores in a financial year is applicable for excise duty under the excise duty act 1944.
This Query has 4 replies
Dear Sir,
We are the Manufacturer of Excisable Goods, but lack of Space in our Premises we want to opt for an Private Gowdon for FG Goods storage. And the Goods will be removed from Gowdon directly for sales. Please guide the procedure for removal of goods from factory primises to Gowdon. Is any registration to be obtained by the Central Excise for the gowdon. or any intimation to be send to to Excise.
Regards,
HN Manjunatha
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
Contingent liability and unjust enrichment