My client had taken excise registration as SSI Unit this year.(At the time of registration, Turnover was Rs. 120 lakh). Now turnover is Rs. 200 lakh. Whether excise duty appliacble on Remaining Rs. 50 Lakh? Or Can i avail the benefit of exemtion limit of Rs. 400 lakh by not availing CENVAT credt?

we want to avail the benefits of noti. no. 14/2009 C.E (N.T) Dt. 10.06.2009 for procurement of goods at concessional rate of duty.
So , what type of bond are supposed to execute to the assi. comm. of central excise.

Kindly provide the sample of bond(surety)

Is CAS 4 valuation apply on stock transfer even goods are removed on market price?
if no kindly provide relevant material on the same.

Dear All,

We are a Power company currently in construction stage.During the construction we are sending some material outside for some job work. Whether on removal of those goods from job worker which will be used in own consumption for construction process we have to pay ED or not? Please clarify at the earliest..............

Dear Sir, Greetings of the day! My client is dealing in branded garments and have issued excise invoice, while charging 30% duty on MRP in this month.

In this regards i wish to know the complete detials of duty payment like, generating and filling challan, which banks will accept duty payments and due date for filing and submission of ER-1 Return.

It's very highly appreciable if any one guide us the method of making duty payment. Thanks!
Asif.

Sir,

I am having a small business of scrap and new steel (steel bars)trading and have a vat no. but i dont have a excise no.

I buy the steel from the supplier and sell to end user. i am paying the vat to the supplier and collecting the vat from the coustomer. therefore i get the credit.

but my question is, i am paying the 12.5% excise on the scrap can i get the credit if i take the excise no.

Kindly explain, thanks in advance.

Regards

Junaid

if m.r.p of panasonic tv is 40000 but can be bought at 30000 in exchange of old tv then which value to be considered for excise????

if such offer is made by manufacturer itself then wat??? do reply as soon as possible

We r a manufacturer of steel furniture. we are selling steel furniture to our customer with charging excise and VAT. we are also selling Tools as per the customer's requirement. but we are not manufacturing it in our premises. we r purchasing such tools from non-excisable suppliers / manufacturer and selling it to the customer without charging excise duty. we r raising trade invoices for such transactions. is it right? pls guide to make trading transaction for excisable units. what documentation should we keep as per the excise rules? Pls. suggest. Thanks

As per above mentioned query-Our company is not registered under Excise.Now Company has decided to do export.Company purchase the goods from manufacturer.Company wants to export these goods without payment of excise duties to the manufacturer.Please let me know the detailed procedure of above transaction.

In Dealer excise companies branch(supplier) send material with their excise details,and manufacturer & supplier are same.
then we get entry in our record,second stage dealer ya first stage dealer,and that material invoicing to party which details mentioned on party invoice
Please Help!