CA Arun Kumar
This Query has 3 replies

This Query has 3 replies

11 February 2013 at 16:15

Removal of capital goods as scrap

we have purchase water purifier on which there was no excise duty at the time of purchase so no cenvat amount was availble but now we have sold that water purifier as scrap whether we have to pay excise duty on such scrap?


Vipin Kumar Sharma
This Query has 1 replies

This Query has 1 replies

DEAR SIR

WE ARE MANUFACURING CO. WITH THE NAME OF NORTHERN TOOLS & GAUGES PVT LTD AS PARENTS CO. WITH PAN NO. AAACN8949E. WE HAVE TWO DIVISION WITH THE NAME OF

1) PYN PRECISION COMPONENTS (FARIDABAD)
ADIVN OF NORTHERN TOOLS & GAUGES PVT LTD ECC CODE NO AAACN8949EXM001

2)PYN PRECISION ENGINEERING (PUNE)
A DIVN OF NORTHERN TOOLS & GAUGES PVT LTD
ECC CODE NO. AAACN8949EXM002


PARENTS CO. NORTHERN TOOLS & GAUGES PVT LTD IS NOT REGISTERD IN EXCISE. BUT THE PAN NO OF ALL UNITS IS SAME

WE WANT TO TANSFER CENVATE AMOUNT FROM PUNE UNIT TO FARIDABAD, IN CASE OF CHANGE OF OWNERSHIP. HOW CAN WE DO PLZ SUGGEST,

THANKS & REGARDS



Anonymous
This Query has 1 replies

This Query has 1 replies

09 February 2013 at 13:06

Intimation in excise

sir

we are running a small scall propriotership firm dealing in manufacturing stainless steel utensils. this year till now our sale is 92 lac , please let me know when should i intimate excise department for registration.

thanks

Mukesh kumar


Rinku Sharma
This Query has 1 replies

This Query has 1 replies

09 February 2013 at 12:19

Cenvat credit taken from another unit

Sir,

We K.L.Concast Pvt. Ltd have two manufacturing unit, One at Ghaziabad and IInd at Thiryvallur in Tamil Nadu. We want to transfer Cenvat balance from One unit to another unit, How can we do plz suggest me.

Thanks



Anonymous
This Query has 1 replies

This Query has 1 replies

09 February 2013 at 12:17

Cenvat credit taken from another unit.

Sir,

We K.L.Concast Pvt. Ltd have two manufacturing unit, One at Ghaziabad and IInd at Thiryvallur in Tamil Nadu. We want to transfer Cenvat balance from One unit to another unit, How can we do plz suggest me.

Thanks


Bhawna Rajpal
This Query has 3 replies

This Query has 3 replies

08 February 2013 at 17:34

Urgent

HI

I WANT TO KNOW ABOUT HOW TO CALCULATE EXCISE AND THE FORMS USED FOR DEPOSITING IT (EXCISE TAX),PROCEDURE FOR SUBMITTING RETURN,ON WHICH BASIS EXCISE RETURNS ARE DEPOSITED AND WHICH REGISTERS ARE MAINTAINED IN CASE OF EXCISE ???????

THANKS & REGARDS
BHAWNA


Gopal Khetan
This Query has 1 replies

This Query has 1 replies

We are an pvt ltd co, not registered with the excise, and are currently involved in imports. We wish to commence exports as merchant exporter, and would like to know, what form, will be required for us, to submit to the exporter for procuring material, without payment of excise and local taxes.
Please also advise how to procure these forms from the excise department.
We wish to remove the material from the manufacturers warehouse from north india, and stuff it in containers in nhava sheva port for exports.please guide.


Shirish
This Query has 1 replies

This Query has 1 replies

08 February 2013 at 15:22

Criteria of registration for excise

We are a Propreitory firm registered under MVAT & CVAT, SHOP ACT. & Drug licence.
we are getting a new lead in which Excise is charged to us on purchase. but we are not registered for Excise. My query is,
1. What is the criteria for registration.
2. have heard upto 90 Lac turnover it is not mandatory. is it correct?
3. if above is correct, how should we bill our customer, since we r not registered to excise?
4. Can we bill our customer under MVAT.
5. of the other product, which we will be purchasing from a dealer, who is importing the product. On this import goods, since the custom is tobe paid, is Excise tobe paid?

Kindly guide me.
Thank you
Shirish.


prithviraj mohandoss
This Query has 1 replies

This Query has 1 replies

Hi, We are the trading and contracting firm dealing in interior decorators. We supply and install the flooring, false ceiling and glass partition systems based on the work order from the main contractor or directly from the clients. In the process, we purchase toughened glass from the vendors. They give us excise invoice charging excise duty on the purchase of glass. Are we eligible to claim excise duty benefit to the extent of service tax rate i.e., 12.36% and claim against the output service tax payable. For your information, we are registered as service provider under service tax act and charging service tax on the installation (service) portion to the clients. We are not registered under Excise duty act.

Above Query has raised by our C.A Member earlier, in the extend of the above question

I would like to, are we able to Adjust Excise Input Against Service Tax out put since we don't have any Excise output supply.

Awaiting your valuable reply


CA MONIKA GOENKA
This Query has 3 replies

This Query has 3 replies

Company is engaged in providing output services and paying service tax under composition scheme. Also w.c.s.t. is deducted from running account bills raised in case of providing services. My question is whether cenvat credit of excise duty can be taken which is levied on purchases??? please provide relevant sections and rules supporting your answers.





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