amareshkumar
This Query has 1 replies

This Query has 1 replies

28 June 2011 at 09:16

Export procedure

Dear,

First I want to know that which authority does regulate the supply of sugar in India..??
and then.. My company wants to supply sugar to other company manufgacturing Tea bag which would be one of the input for that comapny and that company is situated in SEZ but we dont want to follow the export procedure prescribed for supply to SEZ.

So, Plz advice me that.. is there any alternative way to supply input ( Sugar) to SEZ units without following Rule 18 & 19 Of CER.


RAJAT
This Query has 3 replies

This Query has 3 replies

27 June 2011 at 17:21

registration

we are a small scale manufacturing unit which is not registered for excise?

my question is
1) can we do trading of items
- which are our input for manufacturing

If we can do trading,then suppose if our sales are
manufacturing - 120 lac
trading - 50 lac
(i mean any combination due to which our total sale crosses 150 lac)
then do we have to get ourseleves registered for excise dept.

If there is no such requirement of registration then do we have to keep seperate records of sale/purchase for manufacturing and trading.
what if we use the input both for trading sale and our own consumption

and if we have to get registered under the excise then do we have to charge excise on trading sale also or we still can keep seperate records and charge excise on our manufacturing sale only

i hope i made myself clear


seshadev sahoo
This Query has 1 replies

This Query has 1 replies

27 June 2011 at 15:21

Jobwork

In jobwork there is a timelimit of 180days for keep the material at the end of jobworker. But what will be the necessary action for delay more than 180days to keep. Then wht will be the penal provision if duty not reversed within the time limit of 180days or its admissible by the department.



Anonymous
This Query has 1 replies

This Query has 1 replies

27 June 2011 at 12:18

availing cenvat

is it possible to avail & utilise cenvat credit in RG 23A& RG 23C during the exempted period of goods?

2.Is it possible to avail the cenvat credit in RG 23c during the constrcution of capital Asset?



Anonymous
This Query has 1 replies

This Query has 1 replies

27 June 2011 at 10:39

Clarification

if a trading company is not registered as excise duty but purchased material from other company and sold to other company in mean while purchased company collected Excise duty form the trading company
but trading company not collected excise duty when sold the goods
my question is
is excise duty direct expenses / indirect expenses to trading company ????
Please clarify


P. SHARMA
This Query has 3 replies

This Query has 3 replies

26 June 2011 at 20:59

Registration

The company has a two factory , the company will set up the new factory.

please inform me, the company is required new central Excise Registration .


Neeraj Pangotra
This Query has 3 replies

This Query has 3 replies

Dear all,
i have a query. one of my client is giving discount to his customers @ 50%.bt as per excise he can only give 30%. so what he can do make good of 20 %. here is the example:

Rate per piece is = 100
Trade Discount @ 50 % = 50
Basic value = 50
Excise duty @ 10.3% = 5.15
Total Value = 55.15
CST @ 2% = 1.10
Total Sale = 56.25

as per excise act he can give discount @ 30% so the calculations will be as follow:

Rate per piece is = 100
Trade Discount @ 30 % = 30
Basic value = 70
Excise duty @ 10.3% = 7.21
Total Value = 77.21
CST @ 2% = 1.54
Total Sale = 78.75


my question is how can i adjust the difference of 22.50 (i.e 78.75-Rs. 56.25). I dont want to change the rate per piece. what can i do in it. where i can adjust the difference of 20 % (i.e. 50% - 30%)of discount.
Also tell me that can i adjust 20 % discount as year end discount? for example:


Rate per piece is = 100
Trade Discount @ 30 % = 30
Year End Discount @ 20 % = 20
Basic value = 50
Excise duty @ 10.3% = 5.15
Total Value = 55.15
CST @ 2% = 1.10
Total Sale = 56.25

Please help me out as soon as possible.



Anonymous
This Query has 1 replies

This Query has 1 replies

25 June 2011 at 12:22

Computation of MRP

How to determine the MRP of any product.
Can I determine the MRP of my product as I want. Or any restriction on it.



Anonymous
This Query has 3 replies

This Query has 3 replies

25 June 2011 at 10:52

Excise Valueation of Finish Goods

We have availed cenvat credit on raw material & have produce finish goods. Our costing is arising of Rs. 115/KG. So, my question is whether i need to add 10% on this i.e as 115+11.5=126.5 & then excise duties & freight.



Anonymous
This Query has 4 replies

This Query has 4 replies

24 June 2011 at 19:05

Formalities in case of Dealer

Sir a dealer in iron & steel is starting a new business.
What are the formalities to be fulfilled by him under Excise Act?
Also guide about the return form to be submitted by him?
I am not getting any information on excise in case of dealer from anywhere.
Plz guide






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