we are garment manufacturer
our last year 2010-11 co turnover was rs2 lacks we got the order of rs15 lacks from branded buyer(excise not levied at the time of taking order) and they insisited us to register with excise and clear the goods under excise. we did so and cleared the goods and paid excise on 5th may
the overall co turnover is rs16 lacks so far which means we comes under ssi. we don't have ant ssi certification please advise we have to file the return quaterly or monthly.

tks n rgds
kamlesh tikyani

I WANT TO KNOW HOW TO VALIDATE THE ER-1 RETURN IN XML FORMAT WITH THE SCHEMA FILE(I.E.XSD)

THANKS

A is manufacturer who charges excise duty
B is trader who is not registered with excise Dept.
C is purchaser in SEZ & Exempted from excise duty.

B purchases goods from A & sells to C. Whether B is entitled to exemption from Excise duty since he sells the goods to C which is located in SEZ. If yes what is the procedure to be adopted.

Your expert opinion will be highly useful & appreciated

Mr. A purchased 25 computer system eligible as capital goods under the CENVAT Credit Rules, 2004, on 01.04.2009 paying a duty of Rs.2600 on each computer system. However, since these system become outdated, it sold 20 computer system out of 25 on 30.03.2011 at a residual value of Rs.2000 each. Detemine the amount of CENVAT credit required tobe reversed in the financial year 2010-11.

Please give your response with the supported working details.

Dear Sir,
Kindly clarify that :-
a)Unit having retail sale up to 8.9 crore in the previous yr what is liability towards excise duty and what formalities are required
to be done by the manufacturer.

b) if the previous yr retail sale is more than 9 cr and less than 12 cr what is the exemption available to him

thanking you

M/s. X & Co. first stage dealer has shown only those items in RG 23D for which Excise is passsed on. Whether it needs to show the itesms in RG 23D in which excise is not passed on ? (e.g. Item A is sold as excise sale as well as simple sale. In RG 23 D details for Item A is given only for the Excise Sale Transactions)

Kindly Guide.

Thanks

Dear Experts ,

Please Clarify me what is captive cosumption.
I want know Clear Information Regarding this.

On this Cenvat Credit available...?

My company is doing job work for our clients i.e. conversion of cole to coke, on job work basis, by getting it done through some other persons.

My question is whether we are eligible for the notification 214/86 for exemption from levy of excise duty? and if yes whether we will be required to get ourselves registered under central excise?

Please suggest....

Dear all,


Please let me know is there any changes in defination of Input & capital goods defination.
i heard that there is change in defination in capital goods, like this......
material like parts, components, spares are posted in capital as per excise. but i heard that these can be treated as Raw material means we can take full credit. i read the defination but i dosent find anything so please let me know if there is any changes.

thanks.

ours is a manufacturing unit. we are in non excisable zone. We purchase copper rod from one supplier whose is in excisable zone. We send the purchsed rod to job worker who also is in excisable zone. The ED which we pay while purchasing copper is claimed by the job worker and the job worker pass that ED to us as discount on final product. Here the main thing is first the job worker bills on the total value i.e., cost of copper+job work cost+difference of ED(ED on final product - ED paid by us earlier). The supplier is charging higher ED as he is supplying from Union Territory. He is saying that we will get additional benefit in this as the job worker pass on the excess paid ED to us as discount.

I cannot understand in what way we are benifitted. Please clarify.