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.


vilas chandalia
This Query has 1 replies

This Query has 1 replies

29 November 2010 at 15:00

Excise

Dear Sir,

We Are Registered Dealer Under Central Excise : Aaacb3552dxd001 On our Regd
office Address B-11, Wadala Udyog Bhavan, Wadala, Mumbai - 31 (As Our Place
Of Business) And Our Godown At Plot No.1, Agarwal Udyog Nagar, Vasai East,
Dist Thane. By Worli Excise range - Mumbai Commissionerate

Our Godown address was mentioned on Earlier Certificate (old before 2001)
and after that on new certificate there was no godown address place it was
issued on our wadala address. We have confirmed with the Excise officer that
there is no system of mentioning godown address on certificate.

We prepare or generate invoice at our Wadala address and send the invoice
for delivery at our VASAI godown. We keep all our records at our Wadala
address

Now we want to keep records at our Wadala office and we want to prepare
invoice at godown only.

In this situation can we continue this number only or we have to take new
excise number and surrender old number,



Anonymous
This Query has 3 replies

This Query has 3 replies

29 November 2010 at 14:06

Limit

What is the exemption limit in case of Excise upto which no requirement to pay excise??



Anonymous
This Query has 3 replies

This Query has 3 replies

29 November 2010 at 10:22

Cenvat Credit

Invoice has been raised with excise duty to party and goods has been delivered to party...after one month a credit note has to be issued to party for rectification of higher rate wrongly charged. what will be the effect of excise duty on credit note whether credit note has to be issued inclusive of duty, if yes then what will be the impact of cenvat on both parties...



Anonymous
This Query has 3 replies

This Query has 3 replies

27 November 2010 at 17:04

rule 3(5b)of cenvat credit 2004

what is cenvat credit rule 3(5B)
how it apply


Vipin Jain
This Query has 1 replies

This Query has 1 replies

machinery purchased from manufachurer & paid excise duty on that machinery & now transfer that machinery one unit to onother unit. Is excise applicable on that transfer of machine? Please send answer with applicable rule of excise act.


Rahul Jain
This Query has 2 replies

This Query has 2 replies

27 November 2010 at 11:35

Rate of Excise

Hello Sir I would like to know what Excise duty Rate will be charge in Chemicals?

Thanking you


R.Sankaranarayanan
This Query has 4 replies

This Query has 4 replies

26 November 2010 at 16:10

Central Excise Filled up Forms - Urgent

Hi All,

Can Any one help me by providing ''filled models'' of the following Central Excise Forms.

1.RG-1 register, i.e. daily stock account of excisable goods;

2. Form-IV register of receipt and issue of raw material;

3.Personal Ledger Account;

4.Invoice book.

5.Job work register

6.RG-23A Pt.-I – entry book of input receipts;

7.RG-23A Pt.-II – entry book for taking credit of duty paid on inputs;

8.RG-23C Pt.-I – entry book of capital goods received;

9.RG-23C Pt.-II - entry book for taking credit of duty paid on capital goods;

10.Record of inputs sent for job work outside the factory under Rule 57F(4);

11.Record of inputs received in the factory for job work;

12.Challan book under Rule 4(5)a for sending inputs or partially processed inputs for job work;

13.Challan book for sending capital goods for tests, repairs etc. under Rule 57S.

14.RG-23D – record of receipt of duty paid goods and issue thereof;

15. ER2

16. ER3

17. ER4

18. ER5

19. ER6

20. ER7

Anyone Please??

Its Urgent!!!!


Badal Paswan
This Query has 3 replies

This Query has 3 replies

What is the rules regarding credit taken for capital goods ? while it was fifty percent adjustable in current year and remaining 50 percent in next year. what is present rules please provide notification.


kamal sood
This Query has 3 replies

This Query has 3 replies

26 November 2010 at 09:11

cenvat credit

dear experts,

we had imported a machine on lease in may 2007 and paid the custom duties including CVD. we had availed the cenvat credit of CVD (i.e. 50% in 2007 & 50% in 2008). Now we want to return it to the exporter from whom we had purchased it. we have not used that machine.

Pls let me know the whether we have to reverse the cenvat credit under rule 3(5)or not. pls also clarify what if we have used that machine.

this is urgent please.






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