Most Urgent

I need the following materiel excise chapter head and rate of excise duty

1.OCTOFLUOROCYCLOBUTANE

2.TRIFLUORO METHANE

VISHWANATH

Dear Experts,

We have purchased one Machinery on 25th March, 2011 and got CENVAT credit of 2Lakhs.

Now, Is it right to claim 50% of CENVAT against Excise duty payable for FY 2010-11, since the assets is just purchase before 1week from the end of Financial Year?

Am I eligible to take balance 50% CENVAT credit to setoff the Excise duty Payable for April 2011? Or I need to wait 1year from the date of purchase to avail CENVAT input of balance 50%?

Kindly clarify..

Thanks & Regards,
Sidhardh.

CAN PLA HAVE NEGATIVE BALANCE? PLEASE GIVE REFERENCE OF RULE OR CASE LAW.

I HAVE A CASE REGARDING THE QUESTION.

ASSESSEE HAVE NIL BALANCE IN PLA ACCOUNT ON 31/07/2011. IT DEBITD THE ACCOUNT WITH THE DUTY PAYABLE ON 31-07-2011. ON 08/08/2011 IT DEPOSITED THE AMOUNT IN PLA ACCOUNT WITH INTEREST.

Hi Friend,

I have 2 units, Daman & Surat. I made all sale transaction from my Daman Unit.

I have sold a texturizing machine. It is return by customer after 1 year.

I have utilized the CENVAT Credit of 90%(100-(2.5*4)) in my Daman unit.

Now i want transfer this machine to my surat unit.

Whether i have to pay any excise duty on transfer? and
whether i have to made any change in machine or remanufactur the machine before transfer? or
Whether i have to deaassemble the machine before transfer?

Please tell me about export document under ut-1. we done last month 1 export under ut-1 & availing duty draw back sheme. so our shipping agent gave me enteral warehousing corporation copy, commercial invoice & Packing List dully attested by custom inspector, exchange control copy,form sdf,bill of lading non -negocable copy. Than I take FIRC to our bank & also ask to our bank about brc he told me you have filed brc & than give to hime above all document in orignal. So please tell can i clim to draw back amout & also tell me formalites about draw back amount. exchange control copy & export promotion copy both are diffrent or same.

Dear sir/Madam,

As we are sending our excisable material from our factory to central govt. institute sited in other state for testing & certification purpose.

Kindly guide me what are the documents we need to send along with the materials.

Awaiting your valuable reply.

Thanks.

I have received a order from my customer for manufacturing EOT Crane having their factory at calcutta.

I outsourced the same to the job worker who is having manufacturing facility at pune. The material is purchased locally at pune and he is going to charge excise duty while raising the bill on me.

Now my query is as follows:

1. If the supply is directly made to my customer place instead of receiving at my factory can i eligible to avail cenvat credit?.

2. If my job worker is raising bill on me and mentioning my customer as consignee in the invoice can my customer can take the cenvat credit based on the job worker incoive?

Kindly clarify.

Regards

Kalyan

dear members i have a problem in excise matter so please provide me your valuable advise.
question is...

closing of month i complete RG 23A II Register, it's credit Total and Trial balance Cenvat Dr. amount match but after service tax credit transfer in cenvat a/c, trial balance cenvat dr. amount and rg register cr amount mismatch. for this problem i prepare reco every month in excise sheet.
so suggest me it's right????
if no please provide me some ideas...
i m waiting ..

Hi good morning. Anybody can guide me about: a) What is the difference betwen Security and Bond Value in case of Gen Bond B1, b) As a trader if I want to carry the material directly to customs warehouse from manufacturer point instead of taking the goods at my warehouse then where should I have to execute the Bond B1 and who (excise officer) will sign on the ARE1, c) Should I deposit the bond value even when I have the membership of Export Processing Council.

Dear Experts,
1)Can anyone clarify me on what are the records that i have to verify on the export sales keeping in mind the export duty.
2)If the company is an auto ancillary components manufacturer can he claim Duty Drawback for the export sales or can he use DEPB?
3) What is meant by DEPB? Pls. explain me practically. The employee said until oct. 11 only DEPB can be claimed not duty drawback. whts the difference between the two.
Thanks for the everyone who replied me
Regards,
Rajesh.