Please guide us,
-we are a manufacturing concern named XYZ Pvt ltd. Co.,

-We have two unit .No. I and No. II.

-Unit I receives inputs and removes as such that inputs to unit II...

-Then Unit II avails the cenvat on those inputs and uses those inputs for manufacturing the finished goods.

-These finished goods are sold to unit I by Unit II by paying the excise duty...

-On receipt of these goods in unit I , they avail the cenvat credit on these goods... and do a direct sale to the customer . without any further processing.

so my question is whether unit I is availing irregular cenvat credit ... as the goods are not input for themm.. they are only doing trading.

Sir kinadly give me the reply as early as possible..
its really a very serious issue for us.

We are registered private limited manufacturing company. We have avialed some input service under rule 2(I)of CCR 2004 in the month of april 2012. Errenousely we have neither booked nor utilized ST paid on it as Cenvat, in the month of april 2012 and filed ER-1 for the month of april 2012 as nil Cenvat credit available. Now we want to book and utilize this ST as cenvat to pay the excise duty for the month of may 2011.

Whetehr it is possible or not.Please help

Respected Members.

When the brand name owner subcontracts the goods to jobworker , the jobworker is under obligation to deposit duty on the basis of MRP displayed on the product.

However,kindly confirm that in case of NON MRP products the jobworker should pay duty on :
1. Value at which invoicing is done by Jobworker.
2. Value at which invoicing is done by Principal owner to end customers.

Thank you very much in advance.

Rgds

THIS NOTIFICATION IS FOR CHANGES IN EXCISE DUTY? IF NOT THEN WHAT IS THE MEANING BY RESCIND NOTIFICATION NO.18/2012 C.E DT.17.03.2012

Dear Sir,

we would like to ask about,

When we purchase any capital goods, we claim 50% cenvat in current f.y. and balance 50% credit in next year.

we want to return some capital goods items to supplier, for that, we need to raise invoice to supplier as purchase return item, and return cenvat portion. is this right practice against excise, please reply

Export by EOU and after that material reject by Foreign Customer and he raise debit note, in that case what happend?

EOU Liable for Excise and Custom Duty that material rejection? or

only Debit note raise by foreign customer is sufficient?

RBI take any action on that matter?

kindly clarify this query.

Dear Sir,
Is excise duty changed from 12% to 10% w.e.f. 30.05.2012 & if yes then please provide me notification number.

Reply on this Notification comments and applicability C.E. by 27/2012 on 30.05.2012

Our co. is a manufacturing and trading concern....for the sale of traded goods it issue a invoice under Rule 11 of Central Excise Rule 2002 and on the invoice first stage dealer is written...my questions are:-
1) If the co.is selling traded goods then why excise invoice is issued to the buyer?

whether a merchant exporter has to be registered with the Central Excise department to issue form CT 1? and what is the procedure to obtain Form CT 1?