This Query has 3 replies
"X" exports goods under bond without payment of duty,but the export proceeds could not be realised and export proceedings amount write off in the books.
Now question is if the excise duty is require to be paid by "X" or not. Is there is any authority in this matter.
This Query has 2 replies
What is the limit for chraging the excise duty? in which condition we have to pay excise duty? in which way we get input agst. excise duty?
This Query has 1 replies
1. A Unit is registered under Excise Act and has filed his return upto 3/2011
2. The aggregate assessable value of 31.03.2011 was Rs. 162 lacs but in current year 2011-12, it will not be more then 130 lacs.
3.The Unit wants to avail Exemption under 8/203 for year 2011-12.
4. The closing stock of 31.03.11 was cleared in current yaer by paying Excise Duty. There was no raw materials left on 31.03.2011,
5. Whether Unit has to surrender the Excise Registration first and then claim exemption under 8/203?
6. Whether duties paid on manufactured stock of 2010-11 will debar the Unit in claiming Exemption under 8/203?
This Query has 1 replies
BZ is having one manufacturing Plant,5 Sales offices and One head office.For administrative services BZ has taken one Centralized ISD registration and Service Tax Paid on Sales commission and common expenses of the company are distributed by company to manufacturing Plants.BZ has recently incurred following expenses:
1.Rs. 100 lacs has been spent on purchasing furniture for a recently opened Sales office.Excise duty of Rs. 10 lacs has been paid on furniture.Can this Excise duty be distributed under ISD registration to one of the manufacturing Plants.
2. Rs. 50 lacs has been spent on stationery purchase and Excise duty of Rs. 5 lacs is paid.This stationery will be used in Sales Offices and Head Office.Can this Excise duty be distributed to manufacturing plants.
This Query has 2 replies
If an assessee has GTO of Rs. 2.25cr, having sales against H-Form for Rs 2cr and & Rs0.25cr in DVAT @12.5%. Then, please anyone inform me that either the exemption for Rs. 1.5cr is inclusive of H-Form or not. OR is there any requirement of Excise Registration or not. If anyone is having any notification regarding this so, please provide me as well.
This Query has 2 replies
Sir,
In ER-1 for the month of March 2011 we take excess credit of service tax. Now please tell how to give effect in ER-1 of April 2011 to rectify the same.
This Query has 2 replies
Respected sir,
we are the manufacturer of windmill parts and suppling to the non-cenvatable industry
so, we never levy dtuy in invoice
how to refund claim our cenvat credit from excise division
This Query has 5 replies
Pl. provide your valuable opinion whether below material is excisable or not
High Tensile galvanised steel wire
MS Binding wire
M.S. Mixed
Plastic scrap
MS belts rolling mill scrap
wooden scrap battens etc
MS Barrels
Used Oil Scrap
Paper Scrap
What are the excise duties & ass. value to be declare on above.
This Query has 1 replies
Rule 9 of CE Rules require persons dealing in excisable goods to get registered.
One person buys goods directly from the manufacturer but does not want to/have to issue excisable invoice, will he have to take registration ?? The person seems to fall in the category of 1st stage dealer as per strict defiition of the same in CenvT Credit Rules.
There is an exemption notification 36/2001, but it excludes 1st /2nd stage dealer.
Please suggest with relevant circular/notification.
Thanks & Regards
This Query has 4 replies
Dear Expert,
May i Know, suppose we have not paid a excise duty ( I will pay duty next month)
Can i file ER-1 Return?
If delay of filling the return (ER-1) how much penalty we should pay?
How much(%)interest we should pay for delay of pay of Excise Duty?
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non realisation of export proceedings