CA Rakhi Govil
This Query has 1 replies

This Query has 1 replies

02 December 2010 at 13:08

claim of rebate of duty paid on input

Dear Experts,
we exported some goods on claim for rebate of duty paid on input used.we files ARE-1 and got the refund from the excise department.
Now, we are exporting another consignment, by following the same procedure (by filing ARE-1)now custom department objecting that we should file ARE-2.And I think that is correct.
My question is this that will custom department take back the refunded amount? and another question is this is it necessary to use the material in the export on which we want to claim rebate?


Anil
This Query has 1 replies

This Query has 1 replies

02 December 2010 at 13:04

100% EOU selling DTA

Sir,

I want to know that if 100% EOU is selling goods in DTA then how the tax is leviable.

I know that in this case custom duties are to be levied. But if the goods are covered under SWMA act, and comes under the provisions of MRP then whether MRP based valuations would be applicable for CVD u/s 3(1) i.e. equivalent to excise duty.

Or is the cenvat credit available if it is a alcoholic product. If not under which notification.

thank you.


Nikhilesh
This Query has 2 replies

This Query has 2 replies

02 December 2010 at 10:33

applicability

is excise duty applicable on scrap sales. how and when the duty is chageable. if possible give the answer with an example.

REPLY ON URGENT BASIS



Anonymous
This Query has 1 replies

This Query has 1 replies

01 December 2010 at 20:10

Transfer of Machinery

Dear Experts

Can anyone explain the procedure for Transfer of machinery from one plant to another plant in different state for production purpose.What is procedure


CA Hiral
This Query has 1 replies

This Query has 1 replies

01 December 2010 at 15:17

Whether Manufacture or not

Dear Sir

i would like to know whether below activity considered as manufacturing or not.

1.whether Compressing and bottling gas is considered as manufacure? will excise duty be applicable on it?

2. Preparing exercise book from paper? (i heard there is notification which exempts printing activity from manufacture.)

please reply it urgently.

Thanks
CA Hiral



Anonymous
This Query has 1 replies

This Query has 1 replies

01 December 2010 at 12:27

Service Tax input under CE

Dear Experts,

Service tax input is not taken from last 6 month under ER-1 monthly returns,My query is shall i take that credit now or what is the procedure,

pls clarify



Anonymous
This Query has 2 replies

This Query has 2 replies

01 December 2010 at 11:42

Excise

Tell me credit note and debit note in case of excise is a reliable document or not can we raise it or not



Anonymous
This Query has 1 replies

This Query has 1 replies

30 November 2010 at 13:21

storage of semi-finished goods

We are dealing in regulated market. for which initially we need to manufacture product and packed with plain packing material and register the product in respective countries. We treat these packed products as semi-finished because
1. These are not saleble products
2. Packing is with plain materials this means packing is not as per commercial requirement.

Can we store such semi-finished goods along with other finished goods which are for commercial purpose in Finished Goods Warehouse.


Chandan Mukherjee
This Query has 4 replies

This Query has 4 replies

30 November 2010 at 12:37

Reimbursement of CENVAT Amount

Dear Sir,

1.We have purchased a capital goods in the year 2005, we have taken the CENVAT credit as per CE rules. Depreciation also claimed on the said gods excluding the CENVAT amount.
in 4 years the value of the goods become nil after depreciation charged. Now we want sell out the same, How to sell it and what impact will come on CENVAT amount?

2. We have to separate companies. i.e one sponge iron and power. The entry gate is same for the both unit. Now we are procuring the same raw materials for the both units, How we shall take credit for the said RM in an Invoice issued by the supplier?


uttam Chechani
This Query has 1 replies

This Query has 1 replies

29 November 2010 at 17:14

Landing Charges

Whether landing charges levied @1 % on good Imported are to be included While recording an entry either by claiming as an expenses or not?

Foe Eg:

Assessable value : 4500
Insurance Rs 150

Total value 4650
Exchnage rate : 45

Rs 4650*45 = 209250
Landing charge = Rs 2092

Total Rs 211342 /-

Excese Duty

Please tell me entry for what amount to be recorded in tally and what about landing charges.





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