please explain the meaning "transaction should be from principal to principal basis".

Dear sir,

can you tell me that,
if the finished goods are
a)excisable
b)but by notification are exempted (no excise duty to be paid)for certain period, say, for one or two years

Then
whether intermediate goods which are excisable & marketable, manufactured in the same factory & all consumed for manufacturing Finished goods are liable for excise duty at the time of removal for such use or not?
Thanks

Best Regards
Ashwini

one of the client has purchased the aluminium scrap from ordinance factory without payment of excise duty because there is exemption notification 62/95 C.E. Dt. 16.03.1995. now the client wants to remove the inputs as such. my question is whether excise duty is payable on the removal of such inputs or not.

please reply

Our company is manufacturer and exporter of pharma products (Formulation). Our unit is in Deharadoon (Excise duty exempted area). To manufacture the products we procure some inputs through Domestic market and some of are Imported material under advance licence i.e. nil custome duty

1) I would like to know, can we issue CT-2 or Ct-1 form to supplier so that they should not charges excise duty. If yes what is the procedure ?
2) Shall we obtain option of Refund of excise duty paid on input, even thow some material are imported under advance licence i.e. nil custome duty ?
3) Is there any option / rules so that supplier should not charge excise duty, if yes, what is the procedure?
Can you advice me with relevant Section / Rules / or Notification under Excise & Customes act. ?

Our company is manufacturer and exporter of pharma products (Formulation). Our unit is in Deharadoon (Excise duty exempted area). To manufacture the products we procure some inputs through Domestic market and some of are Imported material under advance licence i.e. nil custome duty

1) I would like to know, can we issue CT-2 or Ct-1 form to supplier so that they should not charges excise duty. If yes what is the procedure ?
2) Shall we obtain option of Refund of excise duty paid on input, even thow some material are imported under advance licence i.e. nil custome duty ?
3) Is there any option / rules so that supplier should not charge excise duty, if yes, what is the procedure?

Pls confirm if a factory under constraction is get the RC or getting the material for construction.
Is return fileing is required after getting the RC.
Or how can we get the credit of excise before starting the production.

We are manufacturing company ,but few year before we statrted Trading activity selling product as it is purchase from vendor under our brand name ( there is no alteration in by us after recive from vendor ,In trading product all (labeling packing etc.)is done by vendor we just provide only our Label and MRP list to Vendor)we sell on finish product as it is.

My problem is that it is necessary to inform trading activity toExcise department or it not compulsary ?

Hi, Can anybody tell me the rate of Interest on delayed payment of excise.Please give me the reference. And Please refer the Rule 8(3) of CER,2002 & Section 11AB of CEA,1944. And tell me the date from which the rate of interest should be calculated.

sir
we are a manufactures tell me how to treat scraps. should we recorded it or not
plz give me full detail regarding sale,record and other formalities

if the duty paid goods are removed from factory and comes back with in the same factory and thereafter they are selling as scrap and duty has been paid on that scrap proceeds, the cenvat credit benefit still can be available?