Capital Goods were removed (not as a scrap) in the 2nd year of purchase after having used it. In the first year 50% of Cenvat Credit availed. The assessee wants to avail the remaining 50% in the next year and then calculation for reversal according to Rule 3(5) of CC Rules is made. Can he do so? As the capital Goods were removed in the immediately next year of purchase and the Capital goods were not in the possession of the assessee during that FY i.e. the 2nd year. Whether the entire remaining amount of CC of 50% has to be reversed or reversal has to be made by reducing the amount of duty by 2.5% quarterly basis.

what is the exemption limit of excise for ssi unit ? can this limit available every year to ssi unit

HI,

please any boby help on below case.
we are setting up a new Plant which to be produce the Excisable goods.
we have to applied for Excise registration.
at presently at the Site some Febraction & Erection work doing by the Contractors & Suppliers.
Kindly advice us that any excise liability to be incurred or not for the above Febraction work.

Kamlesh Mangal

Dear sir,
Ours is a Manufacturing unit. Due to some limitations we want to buy the material(final product) from an excisable manufacturing unit and sell to our customer.Can we avail cenvat credit on this and charge cenvat to the customer. This is not the input for our manufacturing. this is the final product.
Kindly give a suggesion.

Regards.

OURS IS A FOUNDRY MANUFACTURING VARIOUS TYPES OF PRODUCTS FOR MANY TYPE OF INDUSTRIES.
WE MANUFACTURE IRON CASTINGS WHERE IN MANY PROCESSES INVOLVED. MY QUESTION IS HOW TO RELATE THE INPUT QUANTITY TO FINISHED GOODS QUANTITY IN ER-6 RETURN BECAUSE OF SO MANY PROCESSES INVOLVED.ANY BODY CAN GIVE THE SOLUTION.

KINDLY LET ME KNOW THE EXEMPTION LIMIT FOR A SSI UNIT TO REGISTER WITH CENTRAL EXCISE

some body tell me wt is the due date of filing excise return .for 1st stage dealer and manufactur

anyone pls suggest me regarding - whether indirect taxation amendments 2010 are applicable for june2010 cwa examination.if yes provide me a link for that.

Dear All,

Is it possible that a manufacturing unit can perform its trading activity from its own manufacturing premises/one shed.

If can be done under what rule?
whether this is supported by Excise?

As I had come to know that Manufacturing Premises & Trading premises to be different and if in same plot than should have a permanent partition & too have different entry and exit point.

Pl. guide its URGENT !!!!!!

thanks & regards

Prasad Kurde

Dear Sir,

PLs tell us
Latest rule for revesal of cenvat credit on sale of old capital goods
and also sale of computer after use of one year

Thanks and Reg.
RAkesh Verma
9810988880