Sales Tax collected at the prescribed rate of 12.50 % but paid only after deducting sales tax set-off available on purchases as per Maharashtra Vat Rules and showing it in the books of accounts as "Other Receipts".

My Question is -

1. Is it a case of Additional consideration in terms of the Excise Valuation Rules ?

2. Is Excise duty payable on the amounts showing as "Other Receipts" in the books of accounts.


Please explain / clerify with case law .

Thanks and Regards

We have taken dealer registration and we are importing the material and selling the same in india. In few case at the time of invoicing we are not passing on CENVAT duty to customer and we are taking the hit in P&L. Is this procedure is correct or there is any scope to make impovement in this. Can any expert solve my doubt?

Dear Sir

Request you to kindly suggest solution to following my queries.

1. I need to know what is interest/fine to be paid for delayed filling of Excise return ER1 and ER3. however duty paid on due date.

2. A excise manufacturer filled the ER-1 till April 2010 and since wanted to file ER3( April10 to June10) on quarterly basis with out taking exemption as per SSSI notificaion 08/2003 wanted to pay normal duty and take cenvat credit on purchase. what is the procedure (Previous year turn over less than 3Cr).

3. Unable to upload ER 3 xml (April 10 to june10) since we have already filed ER-1 for April10.

We have opened a new farbrication yard in Taloja Tal, Raigad Maharsathra and our registered office is in Vashi, Navi Mumbai.

Our supplier has two columns in his bill, one for consignee name and address and the other for buyer name and address.We have asked our supplier to mention our ECC no in our consignee address ie (tajola Tal) which also the address of given for registraion of Excise. Under the buyers name the supplier mentions our registered office address(Vashi).

We would like to know if modvat benefit would be available from the our suppliers bill if we continue the above mentioned policy.

what is cenvat credit??

pls somebody explain cenvat credit rule
3(5C).

We are stuffing the goods on our factory premises under the supervision of central excise range officers & they are asking to pay the MOT per hour basis on every day.

So, pl. reply whether we need to on working day also.

Hi I have following doubts with regard to Excise Registration.

1.Do we have to undergo any Inspection after submitting Form A1 online

2.Is it necessary to submit documents physically

3.After filing monthly returns every month do we have to get it attested by officer or the Acknowledgement what we get after E filing is itself holds good?

Thanks in advance.

sir...
Our Company is a manufacturing Company & We process both excisable & non excisable products. In that process, some scrap is generated. & it is difficult to bifaricate the scrap generated from excisable & non excisable productBut we sale scrap withoutexcise duty. So my query is that whether it is necessary to pass on excise duty on scrap or not? if yes at rate & in which praportion

Please reply at earliest

SIR...

WHETHER EXCISE INVOICE CAN BE RAISED WITHOUT MENTIONING/INDICATING THE EXCISE DUTY AMOUNT IN THE INVOICE...IF YES UNDER WHICH CIRCUMSTANCES WE CAN ISSUE..

IF THE PARTY HAS RAISED EXCISE INVOICE WITHOUT INDICATING THE EXCISE AMOUNT & HE IS NOT COLLECTED THE ANY EXCISE AMOUNT FROM OTHER PARTY ...WHAT IS HIS LIABILITY REGARDING THE PAYMENT OF EXCISE DUTY....WHETHER HE IS REQUIRED TO PAY THE EXCISE DUTY AMOUNT ON THE GROUND THAT HE HAS RAISED THE EXCISE INVOICE....

ANOTHER QUERY THAT...

IF A PARTY HAS RAISED EXCISE INVOICE WITHOUT INDICATING THE EXCISE AMOUNT FOR RS 500000.00 & HE HAS RECEIVED ONLY THE 500000.00 WITHOUT EX DUTY.BUT RAISED EXCISE INVOICE....

IN SUCH CASE WHETHER HE IS REQUIRED CONSIDERE THE AMOUNT RECEIVED AS INCLUSIVE OF EXCISE DUTY & PAY THE DUTY TO DEPT..(AS IN THE CASE OF SERVICE TAX
)...

PLS REPLY URGENTLY....

THANKNG YOU...