Dear Experts,
Please explain the provisions regarding admissibility of cenvat credit on Research & Development items.

can we(pvt ltd company,not registered in excise)do trading of exisable goods,if yes then what will be the limit of trading.

Dear All,
Good Morning,

We have an mfg. excisable unit & started our company from 2010 but production started from nov-12. We are taking credit on caital goods & raw material from 2010-2011. we are filling ER-1 Monthly.

Quary: 1-We have to file ER-4,5,6,7,8 on line or not.

Please reply ASAP. Thanks in advance.

Regards

Ashish

Dear Sir,

As per the Excise ER4 return to be submitted who are crossing 1 crs Duty payment including PLA and CENVAT whether its correct if so what is the notification and related circular

Due date for submission of ER4 return

WE ARE MFG & EXPORTER OF PHARMA FORMULATIONS.
WE HAD AVAILED SERVICE TAX CREDIT
ON CHA CHARGES
LOADING & UNLOADING CHARGES
(CONTAINER CHGS) FOR GOODS EXPORTED TO PORT
IS PLACE OF REMOVAL
CONSIDERED AS FACTORY
OR PORT.
(WE HAVE AVAILED SERVICE TAX CREDIT IN CENTRAL EXCISE) (RG 23 BOOK)

Dear sir,

As per amended provisions of CENVAT Credit Reules, trading is not elegible for any CENVAT Credit.

In this context, a dealer who purchases goods in bulk and repack the same in his godown and affix RSP, thereafter sells it to constomers, whether this is trading or manufacture, so that the dealer can avail CENVAT.

Note:(the goods is ceramic tiles and the dealer purchse the same from outside state in wholesale)

Please resolve

Major Principal items of Transformer is Supplied by the Principal Manufacturer
&
Some Items are included by the Job Worker
& Manufacutre the transformer
&
then send it to Principal Manufacturer
whether excise duty is applicable on job worker
Whether job worker can availed 214/86 Exemption Notification
& If there is Service tax liable on Job worker already & already repair maintenance of transformer is done and its sales is approx.more then 1.5 crore then whether this sale is included in job work or not this is for ssi & non ssi

Format of all excise register in excel sheet

1)RG23A Part I - Account of inputs

2)RG23A Part II - Duty register for Cenvat Credit in relation to Inputs

3)RG23C Part I - Account of capital goods

4)RG23C Part II - Duty register for Cenvat Credit(Capital goods & Components)

5)Account of raw materials (Form IV)

6)Personal Ledger Account (PLA)

7)Duty Register (details of Cenvat payable and debit entries)

8)Checklist - Duty liability and Duty balances giving comprehensive information of credits on duty accounts and Central Excise duty payable

9)Removal Summary : summary of all clearances - monthly / yearly

10)ER.1, ER.4,ER.5,ER-6,ER.7, - Monthly or quarterly returns of excisable goods

11)Old Cenvat Monthly Return under Rule 7 for Inputs & Capital goods.

ITS URGENT...

Which Book is best for referring IDT for CA Finals

By mistake we had taken a cenvat credit in October 2012 towards the transporter copies of our vendor but in actual the material has not been received & transaction will never happened in future. In this case we have mistakenly taken excess credit. It has been cleared while reconciliation. Now haw can we reverse the credit? Is there any procedure to reverse the same. Also the accounting entry has not been passed in books as the tax invoice was not received. Please help us o

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rakesh