This Query has 3 replies
Dear Receiver,
We are a multional brand company. In India we are not registered with Excise as we do not carry out any value added service .
We just import the goods & sell it to customer.
While sending goods to customer we repack it into smaller cartons & in this process we also use packging tape to close the carton.
Now my question is - Can we use the pakcging tape on which my company brand name is alreay printed ? Is it ok as per rules & regulation of excise india .
This Query has 3 replies
Dear Experts
when we import we are taking CVD and Additional duty as Cenvat.
Now CVD is 12% Edc Cess is NIll.
For Manufacturer when we take CENVAT benifit there will be diffirence of Education cess amount agst duty payable.
Please clarify whether we can make payment of only Education Cess without cenvat and the can be adjusted through PLA.
This Query has 2 replies
IF WE HAVE ALREADY EXECUTED LETTER OF UNDERTAKING AND WE GOT LUT NUMBER THEN THERE IS NO NEED FOR EXECUTING B-1 BOND FOR SURETY AND SECURITY FOR EXPORT WITHOUT PAYMENT OF DUTY.
This Query has 3 replies
is there any evasion being done in excise or incme tax if excise duty has been included in closing stock and equal provision created on liablities side, also in trading and profit and loss a/c closing stock is exclusive of excise duty....i.e. no effect in p/l as such
This Query has 1 replies
Sir,
It is bring to your notice that our unit is a manufacturing and excisable unit. We sell material in packed boxes and charging excise on MRP less abatement 35%. Now, one our customers has approached us to purchase the material in loose packaging for project in Patiala. Kindly tell us on what price we have to charge excise(MRP OR OFFERED NET PRICE)
Treat it as most urgent.
awaiting reply.
This Query has 1 replies
sir/madam,
I want to know more about excise duty, is it calculate monthly. There is any input excise or output excise. is it calculate like VAT returns?
This Query has 1 replies
sir,
suppose we are purchase Item A from outside india and CH no is 8502.1200 like Generator
now in india we are added some parts like battery , batery stand, enclosure and some other items
after this process we are saling this product in indian market company,
my question is when we are purchase this item than CHNos is 85021200, and when i m sale this item in market than this item is gone under same heading.
(as per my veiw some process is assembly in india ans some parts are mfg in india )
pl tell me is it trading or manufature process?
if mfg process than input CHNo & finishe CHN is same ? is it possible as per excise rules ?
andif we are trading this item than how to added value of extra material in this finished goods value ?
we are going to start business after three month but before theis three month we are saling this as it is import and sale to indian company
pl help me what can i do ?
joshi
This Query has 1 replies
we are registered with Central Excise department for manufacturing activity of steel product.We have also a trading Organisation with other name by same partners. now my question is we are purchasing from manufacturing organisation for 100 + 12.36% + vat and selling to customer 140 + vat Is it correct method or not. please reply by mentioning the section/rule where it has been stated so. If no permission is required then also state the section/rule where it has been stated so and also the procedure for doing such trading activity..
This Query has 3 replies
Can anyone tell me about PLA
This Query has 2 replies
DEAR SIR
WE ARE MANUFACTURING PVT LTD CO. NOW WE ARE GOING TO SALE OUR FEW OLD MACHINES. THESE MACHINES ARE 13-14 YRS OLD, SHOULD WE CHARGE EXCISE DUTY ON THESE MACHINES AND IS THERE ANY RULE TO INTIMATE THE EXCISE DEPARTMENT BEFORER SELLING THE MACHINES
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To use brand name on the packging tape