There is a government tender from one of the GCC countries for rice. There is an Indian supplier for the said tender ‘X’ and company ‘Y’ is an immediate supplier to ‘X’.

Question is whether Y can be treated as “Deemed Exporter”? If answer is not in affirmative, then what options can be chalk out between X and Y so that supply by Y can be considered as “Deemed Export”?

Note: X & Y –> Both are trading concern.

My client has invested his profits in mutual fund and shown in balance sheet under investments. Is investment in mutual fund consuidered trading and Does he have to pay under Rule 6(3) of CCR,2004 for not maintaining separate accounts.

company purchased non excise goods and still cost of excise is included in the products how it is possible?

My client is a trader who purchases goods from the manufacturer and sales them directly to the customers as per their requirements, he deals with multile products such as laptops, school stationery, cctv cameras etc.the business will still expand more and they would be dealing in some more additional products.
So my querry is, under which chapter , heading, subheading, description should be added for such kind of trader's registration

our manufacturing pvt. ltd. company based at Baroda , Gujarat. Management decided to transfer all raw material , finished goods and Machinery form Baroda gujarat to Andra pradesh. Note that Baroda unit is closed now. There is no change in company name or ownership. We have transfer all material , Fnished goods and machinery against form F. Now my question is reversal of cenvat credit is applicable in case of branch transfer ? and how can I reverse cenvat credit for capital goods, imported items and raw material. ?

HELLO
Can anybody tell me what is the provisions relating to Cenvat credit in respect of plant & machinery or any other capital goods in case of fresh unit not registered in excise act or as registered as SSI unit ?
suppose xyz pvt ltd. incorporated on 1.4.16 and imported machinery from china on 1.6.16 on which custom duty @4% charged of Rs. 100000 u/s 75 of custom tariff act . whether he can take cenvat of the said duty in books after getting registration in excise department. irrespective of turnover and whether he is eligible to utilise the same in next f.y. 17-18 or in future years when his production crosses 1.50 crore.
plz suggest what to do?

If the date of invoice is 29th march2016 And goods received by manufacturer is 9th april 2016 then what is the time limit for manufacturer to take cenvat credit on input goods ?

We are planning to open a depot of a leading company, and as per the conditions of company the billing would be done from our depot. My query is whether we would be required to obtain separate registration for excise as dealer or factory registration would be enough from where goods would be transferred to us.

Hi Sir,

Please help me on the following.

I am a ready made garments manufacturer on brand name or trade name of others.

I sold MRP having 1000 or more goods

I don't want cenvat credit

please help me on how much excise duty I need to pay

2%
or more and on that amount I need to add education cess

which return I need to file

Dear Sir,
ours is an ssi unit availing cenvat credit and paying full duty on goods manufactured.
can you tell me,1) if i can avail 100 percent credit on capital goods ?
2) Are oil, packing material, inserts, toolings are capital goods or inputs?

Kindly give the feedback.

Thanking you,

Rajendra M Ijare