Sir,
I have Nil Balance in PLA as on 29th April 2010 and i have to pay Rs.99000/- (please ignore cess portion here) Duty. Duty liability for the month of April 2010 is Rs.99000/-. I deposited duty of Rs.1 lac on 4th may 2010 {(Date of payment from bank is 6th may 2010) (As law permits me to pay the duty up to 5th of the next month)}. Please tell me what will be the status on 30th April 2010. In my opinion I can not show payment entry on 30th April 2010 as the balance of PLA can not be -ve on 30th April 2010. When I should reflect debit and credit entries in PLA i.e discharge of duty liabilty on 30th April 2010 or on 4th may 2010 or on 6th May 2010.
Note : I have to enclose copy of PLA and GR-7 with the hard copy of ER-1, which is to be submitted with the Range.

dear all

what is Rg-1 & Rg23

Dear Expert


Suppose-A is the supplier of raw material.
-B is the buyer
-C is the job worker

B purchased the goods from A and sent to C for job work but B send the goods directly to C (Job worker)without receing the goods and B want to sell the goods from the place of C (Job worker) .B got the permission from excise deppt.to do so but excise dept given permission saying that B is not entilied to take cenvat credit as B did not recvied the goods from A or not job worker after job work.but he give the permission to take cenvat credit and pay the excise duty. but I am confused how job worker take cenvat credit and pay excise duty since when the goods sent to b by A .A mentioned the name of B as buyer and consignee in his excise invoice. when invoice didnot have the ecc no and name of b.

pls hel me as it is very urgent

Under Duty Entitlement Pass Book based on the FOB value at a predetermined Rate credit is given. Is it the utilisation of such credit can be only used to Import Duty including Capital Goods, which are free to import. If yes suppose if the company uses EPCG - (where import duty is waived from import of capital goods provided it exports the goods manufactured from that capital goods) then where is the benefit for the company from DEPB.

In other words What are the ways the Credit of Duty Entitlement of Pass Book can be made?.

Thanks for all the experts...

Dear all,

Kindly define necessary ledger(Rg1,Rg 23 etc) is to maintain in excise. Kindly define how we maintain P.L.A ? Because we have read that in PLA firt we have to deposit amount to excise deptt after then we do adjust against sale. I am a Learner of Excise Tax. Kindly guide us maxm.

My Email -verma_moti@yahoo.co.in

Thanks & regards in advance..

Dear sir,

any one can help me to know the procedure for doing the Job work for unregistered unit and which form to be collect from them. We are exciable unit. What & how the record for same to be kept

Thanks & Regards

Sir,

We are into manufacturing of Control Panels, we want transfer our stock from unit-1 to unit-2. We are having huge amount of CENVAT Credit in Unit-1 so what is the procedure for the transfer as per the CE Department, if input transfer cleare as such otherwise treat it as semi finished and value it for 110% and take a C.A. Certificate for the same and transfer it. Please help me in this matter.

GOT APPROVAL FOR THE COMPANIES NAME PVT LTD COMPANY registration is not done BUT I WANT TO DO MINOR CHANGE IN THE NAME before go for filling of forms 1,18,32, WHAT IS THE PROCEDURE, ANY MODEL DECLARATION/AFFIDAVIT TO BE SUBMITED
PLEASE REPLY
E MAIL: gr_vin@yahoo.co.in

Dear Expert,

I am at work in Chemical Co. Recently I have received One Excise GatePass (Dealer) In these Gatepass Excise Duty Pass on by 10.38% Edu. Cess 0.50% & S.H Edu. Cess 0.25%, (Item Name Aquacid 105 Ex-60%-E), may have know any nofication are availd for special chemical for charge the duty.

pls sir,
answer my query it is urgent

Where is specific duty mentioned in Excise law? How do we find the rate for specific duty on a product?
how CG impose Specific duty, whether through Amendment or notification or circular or other means?



Thank You
Niranjan