This Query has 1 replies
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.
This Query has 3 replies
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
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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.
This Query has 1 replies
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?
This Query has 1 replies
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
This Query has 3 replies
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 .
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.
This Query has 1 replies
How to determine the MRP of any product.
Can I determine the MRP of my product as I want. Or any restriction on it.
This Query has 3 replies
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.
This Query has 4 replies
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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