sir , if an assessee, who is guilty of fraud or willfull mis statement pays the full amount of duty along with interest u/s 11AB before service of SCN , can the SCN can be waived ?? it was earlier not allowed as per section 11A(2B) , but after the amendments i am not clear on this issue . plz help .


2. what is the concept of addtitonal penalty of 50% of duty u/s 11A ?

3. can the penalty u/s 11AC can still be levied if assessee is not guilty of any fraud or willful mis-statement ?

when a party sales excisable goods the entry is

By party a/c. Dr 9264
To Sales 4% 8000
To excise 10% 800
To Ed Cess 2% 16
To S& Hs Ed Cess 8
To Vat 4% 352
To Vat 1% 88

what wil be the entry for the return of same goods?

Is The following entry for reversal of excise duty is right?
By excise 10% 800
By Ed Cess 2% 16
By S& Hs Ed Cess 8
To Sales 4% 824

what is meaning of DEPB export scheme?
which is scheme us in CT-1 export?

Vitrified tiles manufacturer has used SS Coil and MS Coil to make sailo.(one of the machinery used to manufacture vitrified tiles)The company has made sailo in house by using different kinds of parts & labour.

It has taken a modvat on SS Coil and MS coil as Capital Goods.

whether it has rightly claim modvat on ss coil and ms coil or no.

Dear Sir,
we are manufacturer of castor oil from castor seed since 1975.recently we have planned for value addition to Castor oil.We want to know future product falls within excise tariff or not.kindly reply us.my proposed products listed below;
1. sulphonated castor oil / turkey red oil
2. hydrogenated castor oil.
thanking you.

dear sir,

we are manufacturing unit we have supplied materials to L&T company they have issued Invalidation letter for claiming TED from Director Genral of Foregin Trade on basis of invalidation.
we are the indigenious suppliers how we can cliam the excise duty from the DGFT what are the procedures and how to apply for claim excise duty from department.
please help us in this matter.

Dear all experts

Published latest notification -No.22/2011 dtd.central excise(n.t)dtd.14.09.11 of cenvat rule
This is regarding of e-filing of electronics return of er5,er6(as per my understanding).

If we have paid duty Rs.89 lacs(Cenvat+PLA) in year 2010-11.Is it necessary for us to e-file er5,er6 ?What is correct interpretation of this notification?
Reqeust to give guidline to all experts regarding this matter.It will be helpfull to everybody.

Dear Experts,

We have started a new manufacturing unit for manufacture of stabilizers.We are expecting a turnover of Rs.25 Lakhs per annum.

Should we register under excise?

Our Customer had missing our Invoice copies both (Original & Duplicate). They asked us to give the duplicate Invoice copies to take the credit amount and original copy for accounts. How this as possible? Please enlighten me. Expect the experts reply as soon as possible.

A tyre manufacturing company will export the products through a merchant exporter. In that case, can the manufacturer procure raw materials without paying excise duty? If so what is the procedure for that?