how to get figures from Profit and loss a/c of ER4 DEtails of expenditure i) details of input incld. packing material and component a) value of input on which cenvat credit availed
b) value of input on which cenvat credit not availed
c) value of raw material incld packing material as per profit and loss a/c

and is it necessary that a+b=c

pls explain on urgent basis

Sir,

My client ABC CO. purchase Lubricant from XYZ Ltd and then repacked that product into his name and put his Trademark on the packing But ALSO MENTIONED THAT "MANUFACTURED BY XYZ LTD"

Pls suggest whether Excise is applicable on ABC Co. or not?

In the case of STPI units, prior approval is obtained from STPI for debonding of imported capital goods. So does it mean that EOU units in MEPZ also should obtain prior apporval for debongdsing of imported capital goods before applying for debonding with the Assistant Commissioner of central excise?

Dear Sirs,

We are manufacturing Laqured Metallised polyester film, We have taken CENVAT CREDIT of all raw material which are used to make a final product, During this procedure we got some wastage from all the machine and sold them with very low price near 1000/-. Actual value as per costing could be more than 50000/- aproximately.

My points are:

1) Whether the consignee who receive the scrap is need to be register firm or unregistered firm? if No, Can we sold wastage to any individual?

2) Whether any Excise Duty levied on Sells of wastage amount? if yes the how much? on transaction value (1000/-)? or on costing value?(More than 50000/-)

Please explain.......!
Thanks!

Sohil Patel

Dear Members,

One my client company is engaged in the business of construction of building etc. It manufacture construction material such as slabs, wall pannel, beam and column and used the following raw material in manufacturing of finished goods such as steel, cement , RMC etc.

I have the following query,

1. It can be registered under central excise,
2. One of finished goods like slab is mentioned in entry no 7016 of chapter 70 mentioned in schedule I of CETA 1985.

Pleas give the reply of my query ASAP.

Thanks

Warm Regards

Vivek Kumar Sharma

EXPLAIN ME PASSED ON EXCISE DUTY BY FIRST AND SECOND STAGE DEALER AND WHO CAN TAKE THE CREDIT OF THIS DUTY AND HOW AND WHEN ?

INCASE

"A" IS MANUFACTURER WHO SALES TO "B"

"B" IS DEALER BUY GOODS 100PCS @ 100 RS/- PER PCS. @ 12.36% DUTY

"C" IS MANUFACTURER PURCHASED THE GOODS FROM "B" 50PCS @ RS 120/- PER PCS WITH VAT-05%


NOW "B" SHOWS ON HIS COMMERCIAL INVOICE RS 6000/- PLUS RS 240/- VAT TOTAL INVOICE RS. 6240/- AND ON BOTTOM OF INVOICES SHOWS THE DETAIL OF IS BUYING DETAILS FROM "A" WHO IS MANUFACTURER SHOWS BUYING DETAIL 100PCS @ RS 100/-PCS @ 12.36% ALSO SHOW THAT THIS DUTY HAS BEEN PASSED BY HIM (I.E. BY "B")

IN THIS CASE HOW EXCISE DUTY WORKS, WHO HAS TO PAY EXCISE DUTY, WHO CAN TAKE THE CENVET CREDIT AND HOW CAN THEY TAKE IT

EXPLAIN THIS TYPE OF TRANSACTION SELLING BY FIRST STAGE DEALER TO SELLING TO MANUFACTURER BY PASSIONG THE EXCISE DUTY ON MATERIAL PURCHASED FROM MANUFACTURER

DEAR SIR,
WE ARE EXCISE REGISTERED FIRST STAGE DEALER.
WE WANT TO AMEND IN OUR APPLICATION FORM ON ONLINE IN ACES WEBSITE.
WE WANT TO SHIFT OUR OFFICE IN ADJOINING PREMISES,ADRESS WILL REMAIN SAME.
PL ADVISE.
REGARDS.
SANJAY KUMAR BHARGAVA
BEAWAR

Dear sir,

We are a merchant exporter. earlier we have issued CT1 for some chemical and we export te same. NOw we want our excise duty refund paid at the time of purchasing it.
Also we again apply for new CT1, so please confirm me what documents for the same.

Sir Ji

We are import a machine (Capital Goods)
CVD 100/-
SAD 80/-
so first i want to know when CVD & SAD credit in excise than credit amt CVD 50% & SAD 50%

or

Second i want to know when CVD & SAD credit in excise than credit amt CVD 50% & SAD 100%

which is right pls explain me

Dear sir

During the 2011/12 accounting year we have to pay 71 lac central excise duty , we are eligible to file ER-4 as it is not up 1 corer. please reply