Respected Experts,
These doubts are with regard to availing the Service tax input credit on the input service. Please clarify me.....its very urgent for me.

1)Are we eligible to take cenvat credit on the input services such as consultation from the professionals, telephone charges, Rent etc. If yes please quote the section whether as per Cenvat Credit Rules or Central Excise Act?

2)Can we also claim the service tax paid to the bank for their services towards us such as Bill discounting, Issuing LC and all other services for which service tax is applicable?

3)Someone in our office has said that except banking services everything can be claimed...Is it True?

Thanks & Regards,
Rajesh.

Dear Experts,Pls explain me in short about the manner of payment of excise duty (confusion that wheather duty is payable on every clearance,what is payt by PLA and why to pay monthly when payment on every clearance is compulsory)? Pls clarify these doubts.Thanks in Advance.

Sir

These are the follwing queries undermentioned

Question. (1) What is the procedure for re-exporting the material being rejected, which gas been supplied by foreign supplier ?

Question.(2)What are the documents required to proof that the material has been re-exported ?

Please guide and send the reply at the earliest.


Warm Regards

Amit Ku.Thakur

Dear All
In case of Tea manufacturing Industries, I want to know :
1.What is the % of Excise Duty?
2.Is input credit facility available?
3.Please explain me in brief about the CENVAT Input and Output

Thanks and Regards
Parthasarathi Ganguly
mail ID: psg1966@yahoo.com

Dear experts
can you please help me on the following:
i want to know each and everything related to excise exemption on SSI.which turnover is considered( Home consumption or expoert also) and is the exempted turnover is inclusive of VAT/CST or exclusive of it. when the excise registration is compulsory
Please answer asap.

Dear sir,
i am filing online er-1 and facing some difficulties, hope that you may resolve this.
CETCH NO. : 24031031
DESCRIPTION OF GOODS: HANDMADE BIRIS
UNIT OF QNTY: U
OPENING VALUE: 647900
QNTY MANUFACTURED: 1761300
QNTY CLEARED : 1720000
CLOSING BALANCE: 689200
ASSESSABLE VALUE: ????????????

please provide me assessable value figure?
Client paid rs. 24801 (13760+8600+1720+481+240) as total excise duty on qnty cleared i.e 1720000.

The Co. is trading and manufacturing finished branded garments on which co. is paying excise duty.
Can we have trading and manufacturing warehouse at one location by making a wooden partition in the main warehouse.

There is an second stage dealer who has purchased goods from first stage dealer on paying duty of excise. Then, such dealer is supplying goods to the undertaking in SEZ without levying any duty of excise or VAT.

Whether duty paid by the second stage dealer at the time of purchase is refundable and if yes, what procedures need to be followed?..

We have taken a tender from DTC where Bus Shelter to be erected at various place in Delhi. Material will be issued from our Godown and will be erected there. Will it be treated as manufacturing in Delhi. ? Whether Excise will be applicable ?

Dear Sir,

Our excise duty calculation is as follows

MRP = 88
Exfactory Price = 57.00
E.D. @ 16.62% = 9.47
Cess @ 2% on E.D. = 0.19
Hr. Edu. Cess @ 1% on E.D. = 0.09
Basic Price with Taxes = 66.76
VAT @ 5% = 3.34
VAT Price = 70.09

Our Invoice value is Rs.70.09
Freight & inland Transport = 8
Cold Room rent & Expenses = 5
Distributors Landed Cost = 83.09
Distributor- vat to customer 5% = 87.24
Distributor's Margin 10% = 95.96


My question is how the distributor can bill at Rs.88 when the landed cost for him itself is rs.87.24? What about Distributor's margin? We cannot reduce our basic price from Rs.57.

Pls explain how we can overcome this abatement issue. Pls guide us how to proceed further