ISD has credit of Rs 18 lacks which it wants to distribute to its branches

BRANCHES TURNOVER
Rajkot (manufacturing only exempted goods) 20 lacks
Baroda 40 lacks
Jamnagar 60 lacks
Surat 80 lacks

Now, how the 18 lacks will be distributed to BARODA?

Option 1:
18lacks*(40lacks/200lacks)

Or

Option 2:
18lacks*(40lacks/180lacks)

Dear Sir,

we are one of the registered unit under central Excise.and we are small scale manufacturer up to this year our turn over limit does not cross 1.5 crs.we planned to avail ssi exemption for coming financial year. and we want to surrender excise registration certificate..with out closing a business is it possible to surrender certificate????on the ground registration is not mandatory upto 1.5 crs..

Thanks in advance

Respected Members my query is as under:

Is printing on mugs(like trees,kids,stars etc ,anything) amounts to manufacturing under the provisions of Excise Law and consequently liable to excise duty?

Plz provide a copy of Chapter 39 of Excise

One of My client being a Pvt Ltd.Co.is engaged in manufacturing activities & covered under Excise as well as Service tax Law.

Now query is whether Service Tax Paid on Fabrication work related to Erection & Installation of Plant & Machinery within Factory Premises which is debited to Plant & Machinery by considering as Capital Goods as per law can be taken as Input Cenvat Credit or not.

We are a New exciseable unit. We are using imported raw material only (paying duty 23% BCD+CVD+SAD) and sell goods in domestic market after charging ED(12.36%). we have lying big amount of accumlated cenvat credit of capital goods import, service tax on services taken during project time, Custom duty paid on Imported Raw mataerial.
As excise duty on finish goods (12.36%) is lower than Cenvat credit on Imported Raw material(CVD 12% SAD 5%)the already lying balance in cenvat account will continue to remain unutilise.
Can any body guide poosible solutions to this problem.
How to claim refund or utilise the credit balance.

Hallo Sir/Madam,

we are a merchant-Exporters we want to export our Pharmaceutical Drug with the cost of Approximately 1 Crore so we heard for this type of exports will be done through ARE-1 and CT1 Bond .
but we couldn't have a sufficient knowledge for these transaction so please Gide me about it as well as u know...............

and give me a brief procedure for these.


Thanks in Advance to Replier......

Hello All

What is the procedure to removal of excisable goods on the Budget Day. If we have stock in BSR then what should we do?

Please guide me

I Want to Know. Is the excise duty paid in cash or bank will be part of expenses in profit & loss account.

Regards
Gopal Chaturvedi

We are planing Clear of goods from the premises of Job worker.then which challan use for send the sami goods/raw mat at job worker place