Hi

i am working in a mfg. co. in the Month of May we have use CENVAT credit with rs. 1583.20 extra and in the Month of July we have less adjusted Rs. 2391.50 and also a entry of Rs. 966/- is still pending to be utilize from our CENVAT credit can we adjust the same in current period and where we will show this amount in our ER-I

Reply its urgent.

Regards
Raman Dhiman

procedure for registration of excise

'A' manufacture sold goods to 'B' First stage dealer as follows.
Purchase 10000
Excise 500
Edu cess 10
S&H cess 5

Then 'B' First Stage dealer sold goods to 'C' for Rs. 17000.

Can anyone please explain the journal entries to be passed in the books of C.

thanks in advance.

Dear Experts,
I just want to know which book is best in the market to know about excise duty and service tax related matters. I want that book from practical point of view. It should be very simple and very informative too. It should be self explaining.
Thanks & Regards,
Rajesh.

Dear Experts,
The below query pertains to excise duty. pls clarify me in this regard.
1) What is ER6 return?
2)what is the due date for it?
3) Is it monthly or quarterly or half yearly or annual return?
Thanks & REgards,
Rajesh.

Dear Experts,
The below doubts pertains to excise duty.

1)What is ER-5 return?
2)IS it quarterly or half yearly or annual return?
3)what is the due date for filing that return?
Thanks & Regards,
Rajesh.

Can anyone please tell me what is the limit of turnover to give intimation to the excise department for the garment industry (SSI Unit) claiming 55% abatement on sale price? IS it 90 lakhs or 90/45%= 200 lakhs (i.e preabatement turnover)

Please reply.. its urgent..

We are the manufacturer of Rubberised Coir Products and the same is cleared under 1% excise duty. now we want to trade p.u foam and its products like mattresses, pillows and sheets etc.Pl. Calarify that whether it is possible or not. if yes pl.inform the procedure.

Case: A company is producing electricity and by using that electricity, such company is producing dutiable product.
Query: Whether such company can take cenvat of duty which it has incurred in production of electricity against the liability of duty on end product?(i.e whether co. can avail 67/95 or not.
pls. help

What is the procedure for removal of Excise able goods from factory to a depot of the same company which is not registered under central excise.