IS there any minimum balance which i am supposed to maintain in my PLA account at the end of every year? Can i utilise the complete balance oustanding in my PLA account as on 31.3.11 to make payment of excise duty?

I have gone through the rules, and did not find anything which says that PLA cannot be zero. however i would like to confirm

We are having Factory at Nagpur and branch at kolkata we are going to transfer goods fron nagpur to kolkata. And sale exciseable goods from kolkata. and we need to issue invoice from kolkata. so i need to know the billing procedure....

thanks in advance....

Dear Experts,
We need your help for the following-
We have one factory in which we are producing excisable goods. Now we want to know what all the legal formalities that would be required to be met in case we decide to have a Company Showroom in our factory premises with a separate entrance.

There will be separate gate for show room. There will be no connection with factory gate.
To meet the above what all legal requirements would need to be met ?

Please treat this urgent

My client producing rubber products by way of two processes. He carries out first process at unit 1 and transferred the semi finished goods to next processing unit, which covered under centralized accounting and single registration coverage.

My question is whether for such transfer, unit 1 has to prepare cenvat invoice under Cenvat credit rules?

Besides that, in case no need of such invoice formalities, what is the document by which goods need to be transferred?

we are manufacturer of edible oil so is there any change in rate of duty and notification for spent earth?

we sold a machine to one of our customer under epcg scheme & raise the bill as
Base Amount 100+Excise 10.3%=110.3+2%CST=112.50-Excise10.3=Rs-112.3(Net bill).
Where as customer is telling that since Excise is not applicable there for invoice should be Base price+CST.our view is that since this is not a Zero duty product we got the reimbursement from DGFT only for excise duty hence our billing is correct.
Kindly help me whether our point is correct our we have to charge CST only on base price.

Dear Sir,

As we know, in finance budget 2011, 130 items were brought under the list to pay excise duty of nominal 1% of value.

This notification date is No.1/2011 of 1st March,2011.

From which date (1st march or 1st april) we have to collect and pay excise duty?

In notification, no date of applicability.

Please clarify?

Dear All,

I wanna know that can any exporter avail the exemption of excise duty on the raw material which is used for manufacturing the export goods.


Regards

Two companies are merging with together.
Company A has two units having excise and service tax registration. Company B is having two registration. One unit of each company is located side by side and other units are at different place. Please help me how to go for new registrations for excise and service tax

when there is sale to subsidiary company...
for the purpose of valuation os assessable value for excise duty, which valuation rule will apply

can a subsidiary be treated as interconnected undertaking alon,
or does holding and subsidiary be called as both interconnected undertaings as well as mutually interested.

in first instance as per rule 10 - transaction value is taken as AV

in 2nd case where it is both interconnected and mutually interested. as per rule 10 - rule 9 principles r followed....

so which rule is to be applied...