CA Ashish kumar garg
This Query has 1 replies

This Query has 1 replies

08 February 2016 at 18:06

Whether ct 1 form is compulsury

We have purchase finished goods against form H and export these goods in same condition. suppler asks us to give form CT-1 but we have not register under excise and our excise consultant says me that export the good in same condition without consuming should be considered as Deemed Export and not required to give Form CT-1.
Supplier will give you Form ARE-1 and you will return this form to supplier after signing by the officer. But the supplier is not accepted these particulars.
Are the particulars provided by our consultant correct or not.
please provide me the right condition which is as per law.


CMA Sumit Jain
This Query has 3 replies

This Query has 3 replies

Hello,

A company manufactures goods in SEZ area and sold it to domestic market, in this situation what would be the of duties/taxes (Excise/Custom/VAT) applicability on the purchase of raw material and sale of the finish goods.

Thanks in advance!!

Regards
Sumit Jain


Richa Thakkar
This Query has 1 replies

This Query has 1 replies

05 February 2016 at 16:08

Excise

excise seems a bit difficult to me !!! how should i start with the subject


ANIMESH PANDEY
This Query has 2 replies

This Query has 2 replies

05 February 2016 at 11:18

Job work agreement

Sir,
we are entering into a job work agreement with our sister concern to manufacture on our behalf . would you please guide us whether to supply raw material directly to the factory of job worker from the supplier of raw material or to purchase the same and than supply from our premises ?.
Further what would be the best way to sale ,whether to sale directly from the premises of job worker or should first bring the same in our premises and than sale from there?


seema
This Query has 1 replies

This Query has 1 replies

Plz some one clear my doubt. An ssi (preceding P.Y. Clearance is less than 400 L) unit availed 100% cenvat credit on capital goods purchased during the current F.Y.in which its clearance doesn't exceed the limit of 1.5 cr. If so then is the unit is eligible to utilize the credit availed in next year, if its clearance exceeds 150 L limit?


vishal
This Query has 1 replies

This Query has 1 replies

04 February 2016 at 08:56

Credit on lab equipments

dear we are manufacturer of empty capsules, can we take the cenvat credit on laboratory equipments as capital goods


Nirmal Malviya
This Query has 4 replies

This Query has 4 replies

03 February 2016 at 14:55

Turnover

Sir,

Is turnover of Sales against Form - (i) , comes under Excise limit (1.50 Cr)...

I mean to ask sales against form-i we will count in excise limit sales or not...


SACHIN SHARMA
This Query has 3 replies

This Query has 3 replies

Dear Sir / Madam

I am here by a query about the Export in Exempted unit that could we have any export without ARE 1 if is it possible so what & how to do about this situation.

Rgds
Sachin


Naman Munjal
This Query has 4 replies

This Query has 4 replies

03 February 2016 at 01:56

Cenvat credit

my querry is regarding cenvat credit, illustrated in the following example :-

A is an exsice registered manufacturer (vendor raw material)

B is an unregistered manufacturer ( finished goods)

C is an excise registered customer of finished goods.



B buys raw material from A and mentions himself as the buyer and C as the consignor of the raw material purchased as inputs. Now B processes those inputs and produces finished good and sells it to C by issuying him a VAT invoice and also gives him a copy of A's bill to avail the excise duty credit.

Can C avail the excise duty credit of the raw material purchased by B by mentioning his excise details as consignor.

Is it possible??

Regards,

Er. Naman Munjal



Anonymous
This Query has 1 replies

This Query has 1 replies

A DTA unit procured Raw Materials under Annexure-45 i.e. Concessional rate of duty (Nil),availing facility of Notification No.43/2001 C.Ex.(NT) dated26.06.2001. out of these R/M manufactured Finished goods which he exports under CT-1 i.e. third party export. In this situation, is he required to export goods under ARE-1 or ARE-2 ?





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