This Query has 6 replies
Manufacture of dye & chemicals used for Jeans Washing falls under which chapter heading sub heading and is there any abatement explain plz
thanks in advance
This Query has 1 replies
Mr.x manufactures cosmetic items and exports to various countries. He also sells the product in local market but in small proportion say 10 to 15 Lakhs.now what are the ways in which Mr.x can get the refund of duty paid on input material for production of goods exported. Please also explain the procedure to be followed since he is not yet obtained excise registration.
This Query has 1 replies
Dear Sir,
I have certain clarification, please find the below points,
‘A’ is an export company, if they want to export the material to other country. Since, ‘A’ is purchasing from ‘B’ (other state) & exporting.
In this case, ‘B’ will charge ED 12.36% + 2% CST. If ‘A’ wants to avoid these duties & taxes (without taking credit in CENVAT) in this case is it possible to avoid certain taxes by export the material directly from ‘B’ to customer place (Abroad)- ‘A’s customer site and mention in Invoice as Customer is ‘A’ (INDIA) & delivery address is other country.
Please let me know what and all major documents to be done by ‘A’ from central excise department for shipment.
Your earliest & valuable feedback is highly appreciated.
Best Regards
Naresh
This Query has 1 replies
sir,
we are a manufacturing concern and used to send finished goods. one of our customer reject our material and returned to us. my question is that how we show this entry in our excise book and also in er-1 when filling e- return
Regards,
Devas
This Query has 1 replies
DEAR SIR
OUR CO. IS MANUFACTURING & REGISTERD IN EXCISE. A OUR CUSTOMER GIVEN US MATERIAL ON THEIR RGP (RETURNABLE GATE PASS) FOR MAKING OF A PRODUCT mATERIAL VALUE OF RS. 35000.00 SIR BECUASE THEY HAVE NOT GIVEN MATERIAL ON 57F4 SO OUR CONSULTANT SAID CHARGE EXCISE DUTY AT THE TIME OF INVOICE.
SO WE MAKE INVOICE LIKE THIS:-
1)MATERIAL COST RS.35000.00 SUPPLIED BY PARTY
2) PROCESS COST rS 14000.00
SO WE CHARGED THE EXCISE ON RS 49000.00
NOW I WANT TO KNOW IS IT RIGHT PROCESS, SHOULD WE INTIMATE THE EXCISE DEPARTMENT & PLEASE TELL WITH SECTION.
THANKS & REGARDS
This Query has 2 replies
Q. My company sell Machinery (Final Product) to Bangalore Based Company which is exempted from Excise due to STP, but our company based on NCR. We don’t have such exemptions. Sir I want to know how we will pass the Excise Duty to that company. OR Accounting Treatment of this transaction. That company not ready to pay Excise duty.
This Query has 1 replies
my friend is owning a brand name and avails ssi exemption on his clearances. his friend's company wants to market the product. So asks him to lease the brand name and also supply the goods to him availing ssi exemption. is he legally right in doing this. Will leasing the brand name to the customer make my friend ineligible for ssi exemption under the clause ' manufacture of another's brand name'. please advise.
This Query has 4 replies
Dear sir,
I have query whether excise duty are applicable to solar panel industry and if applicable at what rate it is charged.?
This Query has 1 replies
Kindly guide for the amount of CENVAT credit available for a manufacturer importing machinery for manufacturing products in respect of below example:
Duty on Import Machinery
Machinery Value 177275.00
Total Duty
Custom Duty @ 7.5% 13295.60
Basic Excise Duty @ 12% 22868.50
Edu Cess @ 2% 723.30
SHE Cess @ 1% 361.60
Addn Import Duty @ 4% 8581.00
TOTAL 45830.00
This Query has 1 replies
What is Loan licence, Loan licensee & Loan licenser? And what is the difference between Job work and Loan license? From these who is actual manufacturer for tax point of view?
Online GST Course - Master the Fundamentals of GST with Practical Insights
Tarrif no-reg