Dear Experts,

I am put to audit a manufacturing company specifically focusing on the Excise Duty.

1)Please guide me on how to verify that all the Cenvat credit has been properly utilised?
2) What are the documents i have to see and cross verify it?
3) Is it sufficient if i compare with
ER-1 return and with Cenvat invoices?
4) What are the returns that has to be filed for a manufacturing company which has turnover around 70 to 100 crores?
a) monthly returns
b) quarterly returns
c) half yearly returns
d) annual returns.


Thank you for the everyone who help me in this.
I appreciate everyone for their efforts
Thanks & Regards,
Rajesh.

can enybody tell me about firc. my ? is we done export in last month. Party send payment in our bank as forgin currency. We recived exchange control copy, our commercial invoice & packing list dully attested by custom officer, form sdf, central warehouse corporation paymetn copy. our bank told me please collected firc copy & than give above document & take brc. so please tell me who give me FIRC and document about prof of export & filling return to export pramotion concil is mandatory.

Dear all,

Can you clarify the invoicing to the customers of exempted SSI Units. Is it enough by mentioning the notification No. and at duty & cess part 0% on assessable value?

Dear Sir,

We are registered with Excise depatt.we wish to start Export sales also. for that we need to send sample to abroad. please advice whether we have to separately intimate regarding export invoice, Commercial invoice or we have to charged excise on that invoice , or prepare ARE -1 for export please advice on in details to follow excise procedure Regards

Jayesh

I have a SSI Unit and I have a turn over of 150 lakhs till the month of november and no sales after that as our season gets over.

Am I eligible for excise?
If yes than why is there a limit of 400 lakhs for SSI

Thank you

we have applied for registration under excise on 06-12-2011 by using the software on website of CBEC but original RC has been given to us on 14-12-2011. now i want to know that when can we remove the excisable goods from our factory. please resolve my query as soon as possible. Thanks in advance.

Is there any procedure to claim refund of cenvat credit when there is no export.goods are cleared in domestic market only.There is excess amount of cenvat credit after untlizing ED liability on sales.

Dear Sir,

We are a manufacturar of Country liquor and Indian Made Foreign Liquor(IMFL). we are not registered in Central Excise department due to exemption on Liqour manufacturing. We want to sale Fuseoil of our factory . My query is , should we get the registration for sailing the fuseoil or we can take the benefit of SSI exemption up to Rs. 1.5 Cr. . Total cost of Fuseoil is Rs. 30 Lacks in a year.
Please solve the query.

Dear Experts,

We are a 100% EOU of Gold Studded Jewellery.
We took part in a exhibition in Dubai by taking there 1 kg of gold ornaments. During exhibition, we sold 200gms of ornaments and balance 800gms of ornaments reimported back to india. Now this 800gms of ornaments (finished goods as per excise) , we sent back in our production department to reprocess and we will manufacture ornaments of other designs.
Now in ER-2, Op. stock is nil. Oty Mfrd., we will show 1000gms (full qty shown as inward).Now, where to show in ER-2 , out of 3 columns of removal in ER-2(1) 200gms which was sold in exhibition and (2) 800gms sent back in production for new design manufacturing purpose.

PL. SIR, GUIDE ME.

THANKS IN ADVANCE
ANCKOORA

What are the instances when the exporter prepares different A.R.E.1 forms though the goods for different invoices of same importer are ready for clearances? Please Reply? Its Urgent???? Please give reference of some circular or notification or section or case laws if available????