Dear All Experts,
We have supplied goods to our customer on excise invoice.due to some techniccal reason our customer has rejected our material and told us they will return rejected material to us.Now how I record above transaction in my books of a/c as I have cleared the goods after making excise Invoice. is it possible to cancel the excise invoice and issue a new bill or is any provision in excise law to issue a credit note with excise duty to customer.
Kindly suggest earliest.
With Regards,
SAGAR

Sir,
Please giving me the due dates of Excise payment and Return filing and What are the form will be used for payment and filing monthly and annually returns.

Dear Sir,

We have received Bill of Entry for payment of Customs Duty.

Can we take total Customs duty in CENVAT pool…….

Please advice:

Example: Bill of Entry for Rs. : 26,660-00

BCD : 924-40 ( we never taken this component as CENVAT )
CVD : 12,197-30 (we taken as CENVAT )
Customs Educational Cess : 428-80 ( we never taken this component as CENVAT )
Additional Duty – (Imports) : 4,579-40 (we taken as CENVAT )
Customs SHEd. Cess : 224-40 ( we never taken this component as CENVAT )

Regards,

Venkatesh B

We are registered under Central Excise. However our final product is exempt from duty. We are purchasing duty paid inputs. We are not taking any credit of the duty paid on inputs/input services. Also we are making advance payments to our suppliers. While scrutinizing the bills for purchase of inputs it has come to our notice that the seller had charged excess amount including excise duty in the bill. Hence, we have raised the debit note to the supplier for the excess amount charged alongwith the excise duty. Seller has accepted to refund the basic amount charged in excess in the bill. However the seller has already deposited the amount of excise duty with the Central Government.

Thus I would like to know whether refund can be claimed by us for the excess duty paid as we have not passed on the incidence of tax to any other person. If refund is applicable then please let me know the procedure for the same!! Can refund of Central Sales Tax be claimed on the aforesaid amount?

Hello Experts..
would you please tell me the difference between consignee and buyer?

Can Traders take cenvat credit of additional custom duty paid u/s 3(5) of custom tariff act instead of refund claim? Because refund procedure is very clumsy.

Dear All,

I wanna know can job work be started before getting declaration under notification no.214/86 from the supplier of material.

For Example: Mr.X is a job worker & do job for Mr.A & all Raw material is supplied by Mr.A to Mr.X,Mr. A has not given any declaration under notification no.214/86 to Mr.X. Although Mr.X pays excise duty on Final Product. In this situation should Mr.X do job work or he should stop job work unless the declaration is received under notification no.214/86.

Regards

We registered under manufacture of excise goods i.e. c.i. casting and steel ingots. we some time done by conversion of c.i. casting (coupling). The material use in steel re-rolling mill. The rolling miller send the used material (scrap c.i.casting coupling) the condition of new cast for same material. So we will liable for paid excise duty or service tax under business auxiliary service. please explain the matter and suggest for accounting view.

Regards
Arvind Dewangan

Sir,

We are mafgr/exporter & having central excise registration certificate is going to export the material trough container from the jobwork point. My question is what will be the procedure for it ???

Please help me.

Thanks,

Which book should i use to study excise, customes & s-tax of ca final?

I need the book which will contain from basics to filing of return and proceedings, appeals etc.

Also tell me whether separate book will be required for each aspect given above.