This Query has 2 replies
If capital goods after partial used removed from factory. Amount equal to Cenvat credit taken at the time of entry shall be paid.
My question is- whether cenvat credit avialed is utilised for payment of duty.
if any case law,pls let me know the same
This Query has 2 replies
Dear Experts,
Could you explain how to address following query.
Company 'A' receives a job from company'B'.
1.Material purchased by company 'B' directly send to the company 'A' free of cost (incl.own material & material purchased from 3rd party)
2. company 'A' received the mat. with specification,then converted the material into
particular specification. after that invoice made in follg.manner
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Labour charges 100
Cost of material 50
Mat.given by Comp ‘B’)
Gross margin(10%)on material 5
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105
Ex. Duty 15
Cess 0.45
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120.45
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3.Excise duty input credit taken by company‘A’ eventhough goods received free of cost and it adjusted against excise duty as per Invoice raised by company‘A’.
My question is,
Why service tax bill is not raised,whether is it correct method?
Excise duty input credit taken by company ‘A’ is correct or not?
If this procedure is not correct what is the correct procedure?
This Query has 2 replies
Our company is procuring concrete railway sleepers (subject to ED@8.24%) for being used in railway line inside our factory premises. This railway line has been used for bringing coal & other materials into our factory premises for being used in our power plant (the power is in turn used in the manufacturing activity).
My query is whether our company is eligible for cenvat on duty paid on theses concrete sleepers (either as capital goods or inputs). would request for your comments at the earliest.
This Query has 1 replies
1. Refrigeration/Air conditioning system as a whole cannot be considered to be excisable goods.
Air conditioning units however would continue to remain dutiable as per central excise tariff.
what is air conditinong units and and air conditioning systems.
2. what is the meaning of pressure testing
This Query has 1 replies
SITE RELATED ACTIVITY
1.what is the meaning of knocked down & semi knowcked down condition.
2.MOveable manner
3.Immovable manner
4.whether assembly is manufacture or not.
for example. monitors,cpu,harddisk etc are assembled and computer comes into existence.
whether this amount to manufacture and libale to excise to excise duty.
This Query has 2 replies
a person convert the rock stones into the dust ,,,,it is his business,,,,then is there any excise duty applicable or not ???/
This Query has 1 replies
We are manufacturers. Duty rate on our product is Nil under certain notification.
We had to register for central excise as we required Letter of Undertaking under UT1.
Now as per notification 24.2010 we can not use LUT.
Can we de-register by surrendering RC.
Do we have to wait till month end or can we do this any time of the month
This Query has 2 replies
The Mfg Company sold scrap ( Finished) goods whether excise duty will be calculated on this scrap sales, if yes on what amount is liable for excise duty. after TCS or before TCS
This Query has 2 replies
Can any of the esteemed experts assure me by a provision(section,judgement.trade circular etc) backing that installation of modular kitchen at client site would be covered under provisions of wct or not.
please mention citations,sections etc for further reference
thanks in advance
AYUSH WADHWA
This Query has 3 replies
Dear Experts,
We are a manufacturing Unit. We have appointed one dealer. We are sending our products to our dealer with some price. But the dealer selling same products different price to different customer.
If we do like this is there any problems from Central Excise department.
Kindly confirm me
Thanks and regards,
rd
capital goods partial used