The manufacturer (A Ltd.) sold the goods on invoice to his customer (B Ltd.),in whcih consignee is Third Party (C Ltd.). I am the C Ltd.
A ltd. levied excise on the goods soldon nov.,11 and C ltd. upon receiving the material from A ltd. with invoice,taken cenvat credit of the duty.
And B Ltd. raise invoice on C LTd. after incresing value and accordingly excise duty on his invoice in jan,12.
What will be the treatment of cenvat credit.
On which invoice i will take credit.
And whose invice is final on which i will take credit.

We have an export order for which we are going to receive the payment in indian rupees.

Do we get exemption from excise duty

One of My Client has nt taken the Credit of Special duty into consideration in one of the bill in 2nd quarter. HE files Quarterly Return. Can he Claim it in 4th quarter..??
Reply as soon as possible..

:) :)

what if intimation is not given to excise department at the time of crossing 90 lakhs turnover and company has crossed 140 lakhs turnover. NOw company want to register itself.?? What is the solution if intimation is not given??

what is difference between returnable gate pass and non returnable gate pass ? how to account this issues

If a product is manufactured in India using the local raw materials and then exported,then can duty-drawback be claimed by the exporter?

If X ltd sells goods to a sez unit and is charging excise duty .....is this correct...?

because in sez act it is specified that no excise would be attracted to SEZ....

and what if sez unit raises credit note for excise amount...?

Dear Experts,
Can anyone provide me what are the statutory records that has to be maintained by a manufacturing company.

1)For recording the Cenvat Credit availability.
2)For recording the Cenvat Credit Availed.
3)For recording Production.
4)Anyother records for any purposes.
Thanks&Regards,
Rajesh.

Dear All,

Can you pls tell me what will be the problem when there is delay in filing of ER-1 return as per excise act.

i am filling er3 for the quarter ending dec 2011. While filing excel utility in the other payment sheets i am filing details of Interest paid by us for the period 06/01/2012 to 13/01/2012 what should i write the source document no. Please help any one