This Query has 1 replies
Dear Experts, I need help on following situation.
Company ABC Ltd. (Indian) company has received a purchase order from XYZ Ltda. (Brazil) on the terms that a machinery will be developed (manufactured) by ABC Ltd. and will be retained at the premises of ABC Ltd. itself for next 15 years. Some product will be manufactured by ABC ltd. and will be exported to Brazil for next 15 years. Some of the parts produced may be sold in DTA to other customers. The cost of machinery is borne by XYZ Ltda. and corresponding inward foreign remittance will be received from 15 days of Proforma Invoice of ABC Ltd.
Now the question is for raising Proforma Invoice to XYZ Ltda (Brazil) whether excise duty shall be charged or not as there is no Physical Movement of Machinery for the export?
Also advise the taxability of Maharashtra VAT?
This Query has 1 replies
In a manufacturing unit we received input services and take input
and also paid the service tax on outward services
plz tell how can adjust input and which amount we take input
This Query has 1 replies
In manufacturin unit beside of ER -1 other form should be used
This Query has 2 replies
Dear Sir/Madam
we manufactures dutiable and exempted goods to use dutiable or without dutiable inputs
tell me how to maitain the record and how can utilized cenvat credit
This Query has 1 replies
We have executed UT 1 bond. We want to export the material through self removal. Can any one explain us how do export without payment of duty?
Is it necessary if we clear material by self removal then duty is payable.
In case we removed the material after payment of E.duty ( Without UT1)then how can we claim the excise duty from dept ? what is duration for filing of claim?
This Query has 1 replies
We have excise manufacturing registration. We are importing the material and selling it in india. We are taking CVD set off agaisnt excise libility. Yearly Excise liability comes hardly Rs. 35 lacs. After set off hardly we are paying Rs.15-20lacs throgh PLA. What are chances of excise audit.or is any provision of exemption of excise audit.
This Query has 3 replies
Hi Experts,
I would like to know how to Fix the price for Dealer, Sub-dealer and distributors.
Can anybody help me in this regard?
Waiting for reply
With thanks
r
This Query has 1 replies
Whether is it possible to export goods directly from a job worker? If yes, what is the procedure?
e.g. Assessee, in Maharashtra, has sent goods to a job worker, in Karnataka, for machining and instructed to Job Worker to deliver goods directly to Spain, on behalf of assessee. Purpose of this arrangement is to reduce transportation cost and time gap. All expenses are to be incurred by assessee including transportation. Whether such arrangement is possible under Customs or Excise Rule? If yes, please let me know what is the exact procedure to be followed by the assessee as well as Job Worker..
Thanking You.
This Query has 1 replies
Dear Sir,
If we purchase some processing material by way of paying excise duty to the manufacturer, and subsequently our final products do not have an excise duty element. In that situation normally we are not taking any cenvat credit on the purchases. Can we get the excise duty refund for the above? What is the procedure?
Regards,
S Velmurugan
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Excise Duty on Export of Tooling (Capital Asset)