Dear Friends

We are liable to excise duty
We take credit of service tax in payment of excise duty.
Now the question when we may take credit if
a. we make part payment to a party which cover full amount of service tax.
b. On freight – as the date of payment would be next monts.

when input & input sevice is commonly used for exempted produt & non exempt product, then in which praportion we should reverse the credit, when breakup of input & input service used for exempted & non exempted product is not available. How it is done practically.

sir whts the difference between FINE N PENALTY cn u explain me in a simple example

We have entered into a contract with our client, wherein the contract is divided into two parts namely supply and service parts.

Under supply part we have to procure structure steel and reinforcement steel and supply it to our client. In the service part we have to fabricate and erect the material which was supplied by us earlier. Once the material is erected it becomes immoveable.

We would like to know whether excise duty or levy is applicable on the supply portion of our contract and if yes, then what should be the amount on which we should we pay excise duty, should it be only the prices we are charging our client for supply part or we should also add the amount of service part to it.

Dear all experts

If Unit paid duty Rs.65 lac in previous year.The said unit now required to efile er4,er5 and er6?

Reqest to give best guidline
Thanks

1.sir in reexport we first export n dan again export 4m india in respect of same goods is known as reexport or once import n export the same goods is knwn as reexport i m confused n my last doubt is
2.is there is a differecne between refund n rebate in drawback rules or both r once.

What are the documents required to avail the CENVAT Credit?

Need clarification regarding excise duty amount & vat
(1)We are having our manufacturing unit in AP and transfer the finished goods from AP to Chennai under Stock transfer invoice with basic(99)+excise duty (10.3%)=total (109.19).
(2)we are billing from chennai to our local customer with basic(inclusive of ED)ie Rs.109.19 + vat @4%=Rs.113.56.
(3) Whether the basic price can be changed from chennai billing ?
(4) we are doing only vat billing from chennai.

very very urgent. need your answer

Hi Experts,

I need to know about the Central Excise duty
a)What is Rates (%)
b) What is filling forms & When

pls

Thanks

1)If there are 2 factories of same manufacturer for the same product...n for 2 months one of his factory(all machines in tht factory) was not working..then will it be calculated proportionatly for tht factory or not???


2)If in the same factory 2 machines r installed for manufacture of 2 diff. products...n for some period,say,2 months machin 1 is not workin...then will d duty be given on proportionat basis.......