Dear Sir,
we have excise dealer, if we send excise material with excise gate pass to party,some reason party return material to us, can we take excise credit?if yes which documents require to us from party.

Company having 80% raw material @ imports, manufacturing industry , selling their FG in domestic mrkt only ,not participate in export, now the SAD accumulated in huge amount, is their any possible to get SAD reimbursement? pls clarify

Dear Experts,

We r manufacturers of Excisable goods .Factory is in Karnataka and HO is in Maharashtra. Factory has ECC. We have send some goods to HO against "F" form ie.Stock Transfer under Excise Invoice, by debiting the duty amount.Goods r sold by the HO.

Now the goods are returned to HO for some defects. And the HO wants to send back the goods to Factory.

My question is what is the procedure/how to receive the defected goods to the factory and take credit of the cenvat on the returned goods.

Please help, it is urgent.

Thanks a lot in anticipation.

Warm Regards.

Will you please give me an information about Excise gate pass? What is excise gate pass? Who will issue excise gate pass?
How Entries of Excise gate pass in Financial Accounting and Excise Accounting?

I HAVE HEARD THAT THE EXPORTERS GET THE REBATE ON THEIR FOB VALUE @ 0.04% ON FOB VALUE...
THIS REBATE IS DEPOSITED INTO THE BANK ACCOUNT OF THE EXPORTERS(DIRECTLY,AS IN THE CASE OF DRAWBACK)...
IS THERE ANY NOTIFICATION RELATED TO THIS...IF YES , PLEASE TELL ME ABOUT THE PROCEDURE AND THE NOTIFICATION NO..
PLEASE GUIDE ME REGARDING THIS...
PLEASE GUIDE ASAP...I WILL BE GRATEFUL TO YOU FOR THIS...
REGARDS,
MUNISH SHARMA

Please explain me about e1&e2 sales by graph representation. And also need invoice with tax structure between them.

If Finished goods are sent for Testing with Third Party Inspection Agency & goods needs to be dispatched from Agency to directly to customer ( As bringing back material will cost is more & needs to be sent directly). What shall be the excise procedure or Rule to be followed.

Similarly if Raw Material(Semi Finished/processed) sent to Job worker & need to be dispatched to the customer from Job workers premises, what shall be the excise regulations to be followed & procedure addopted.

Respected sir,

we are MRP based and non MRP based (ad valorem) product SSI manufacturer .
1.
for the purpose of 150 lakhs limit calculatiuon ,weather turnover of MRP based product to include 100% or net amount i.e MRP less 35% abatement ??
2.Weather Vat to be included for the purpose of 150 lac limit(we are taking VAT credit)?

Dear Sir,

Factory has installed storage racks in factory warehouse. Racks are used for keeping raw material and finished goods.

Chapter heading is 94, 73.

As per my knowledge the above excise chapters are not falling under capital goods definiation. Therefore credit is not eligible.

Any anyboday give case law or other details related to this.

with regards,
maruti

I am planning to start a small business. I will be manufacturing garments in small quantities here in India, sending them to a friend in Holland, where she will sell them to some stores & we will be sharing the profit. I had some queries. I will be registering my label soon & will be manufacturing under it.
1.What is the registration process with the government regarding exports & what is the procedure?
2.On what basis & how much duty is to be paid to the government?
3.Does my friend in Holland need to pay any sort of duty to receive the goods?
4.How do I receive the payment from my friend? What should be the mode & what part of it is to be paid to the government?