This Query has 4 replies
hello
Actually we are setting up a plastic manufacturing plant. and we are in a big confusion whether to register for excise or not.
We are paying heavy excise duty on machine. Should we get the credit of this cenvat along with exemption and in which structue we will get the credit.
Also the raw material that we will procure is also duty paid.
so please help us.
thanking you
Regards,
Ashish Agrawal
8895250952
This Query has 1 replies
Dear Sir,
After obtaining UT-1, whether we can get REFUND of excise duty paid on raw materials and capital goods purchased for manufacture of excisable goods that are been exported?
If yes, when can we make the claim for refund?
Regards
Amin
This Query has 2 replies
Kindly clarify my below query
A - procured goods by import and Sold the Same (with out any further process) to B.
Can Excise Duty can be charged in the above mentioned case.
This Query has 1 replies
Can the Importer can passed on the Counter Vailing Duty to his customer & Customer (Who is a Manufacturer) can enjoy Input credit against it.
This Query has 1 replies
Dear Sir,
ACES help mentions that once online excise regn is done, u dont have to submit any documents physically but excise officer will visit the factory premise for verification and will issue excise RC. It mentions that documents are to be submitted only for post online submission of service tax regn.
Whether i am correct?
Pl clarify
REgards
Amin
This Query has 1 replies
Dear sir,
We are manufacturing Bakelite Handles for various industries since 2005. To some manufacturers we are suppling Bakelite handles with logo For ex PRESTIGE , We are suppling these handles to the original equipment manufacturer and he is using these handles in making his pressure cooker. we are not suppling these handles in the market to any traders. We are also manufacturing handles for other cooker and cookware manufacturers with out any Logo. Our sales are less then 1.5 crores .We have got our company registered under excise in APRIL 2010. Now the EXCISE PEOPLE HAVE TAKEN OUR BILLS FOR LAST FIVE YEARS AND GIVEN A SHOW CAUSE NOTICE DEMANDING EXCISE ON THE MATERIAL SUPPLIED TO TTK PRESTIGE LTD FOR LAST FIVE YEARS . WE HAVE NOT FILED ANY DECLERATION WITH EXCISE DEPARTMENT .The querry is, is their any Liability of ours to deposit any excise.We are ssi unit isn't we are eligible for SSI exemption
Regards
Vinay Gupta
This Query has 1 replies
we have the problem regarding reversal of excise duty and Vat on the rate difference in invoice and purchase order.here is the example:-
we have raised a purchase order in which price includes the packing and forwarding charges..but the supplier raised an invoive in the following manner
7460 kg @ 485.70 = 3623322
+ Packing charges = 14500
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Total = 3637822
+ Excise duty = 374695
---------
tOTAL = 4012518
+ vAT = 160500
---------
tOTAL = 4173018
nOW THE QUERY IS WE DONT HAVE TO PAY THE PACKING CHARGES TO THE SUPPLIER.AS IT WAS INCLUDED IN THE PRICE I.E 485.7. AND THE SUPPLIER HAS CHARGE EXCISE DUTY ON THE 3637822 (Product Price + Packing Charges).
what should be the treatment of the excise duty and vat.
whether we have to rverse the excise duty and vat propotionally or we dont need to reverse the duty i.e can take full credit of the amount....
This Query has 1 replies
i have a trading business of glass bottles. i have supplied glass bottles to company under form-h . after filling the glass bottles they have exported their product. hence it was under form h we have not charged 2% cst. now my question is will my customer will issue me form-h or to my principal that is the manufacturer of glass bottles.
This Query has 3 replies
Dear Sir,
I have completed the registration process on ACES site and excise site. My registration was successful and i got the file number also on 23-8-2010. But till date, there is no communication either thru mail or tel.
What should i do for getting registration certificate?
Regards
Amin
This Query has 3 replies
Our company is a manufacturing unit. Recently , a stabilizer has been purchased by us from another manufacturing company and directly installed in one of our project. the same hasn't entered our premises. I would like to know whether we can avail the excise duty benefit?
Excise exemption and credit on capital goods