What are the export incentives available for Textile industry. I know 2 incentives are there one for Capital Goods - Waiver of Customs Duty while importing capital goods by EPCG and the other one revenue nature - other one is Focus Product Scheme - 2% on FOB goods exported. Is there any other export incentives available? Experts opinion on this is highly appreciated!! Thanks in advance!!!

By mistake one ECC code is mentioned instead of other ECC code. Now excise duty paid went to other assessee. It is requested to suggest the procedure of rectification in respect of assessee, bank and concerned range office.

Dear Sir,
We are a battery Manufacturing Co. We also having a Trading Division. In Trading division we are also selling Batteries from Other Brand. Now we wanted to Import Batteries and would like to sell in Trading Division. We have decided to import on the name of Manufacturing Unit.
Now how can we make Invoice from Trading Division.What is the procedure to transfer the Imported batteries from Manufacturing Unit to Trading division.
Kindly confirm me
Thanks and regards,
R

Hi, If I want to assemble a desktop computer direct from USA and want to know how my excise duty will be calculated? Computer is going to be for my personal use.

Parts that I am looking at:
Motherboard
Processor
Graphics Card
RAM
Hard Drive
PSU (SMPS)

It's going to be a gaming rig, so almost all the parts listed above are between 15K - 30K Indian rupees each excluding PSU (approx 8-9K) and HDD (approx 11K).

I will be getting these shipped from USA, website WWW.NEWEGG.COM.

When it comes to finance/tax stuff I am a complete newbie, but if anyone care to explain why a $259 Motherboard is sold for as much as $620 in INDIA?

I guess you know why I am inclined to get it from USA, but then again I want to be sure if my purchase would be beneficial......

Thanks for your time.

Senior Officers of Revenue Department act also in quasi-judicial capacitiy. As hearing etc before a court are open process, can anybody (who are not parties) have right to witness the actual hearing held by such quasi-judicial authorities?

what is solvency certificate,we are planning to export the material to nepal we have taken b1 form but the excise department is asking to take solvency certificate from c.a kindly tell me the meaning as well as the format so that i can tell my c.a

matter very very very urgent

Dear Sir,

Presently we are taking 50% Cenvat Credit on Capital Goods (including Addl.Duty) in the current year and the remaining 50% in the subsequent year.

Kindly let us know, is there any amendment in the Excise Notification for avialing 100% Cenvat Credit in Additional Duty.

Regards,
S.VELMURUGAN

mr.x has newly registered with central excise(mumbai).

1.if any one can help with the Excise invoice format. (if mr. x purchases from A & sales to B. or if he himself manufactures and sells.)

2. how the excise accounting & taxation working is done.

for eg. in MVAT we consider inpur vat & output vat, adjust the setoff available and pay & claim any balance payable or refundable.

would be very thankfull, if any one can explain in detail.

Dear Sir,

Can we kept the material in our factory after generate an Excise Invoice for that particular material. Please guide me in this matter.

Please provide notification or any circular in this regard.

Warm Regards
Anand Vadu

Sir,

Please solve my problem.

Paint Factory in Bhiwadi, Paint is being manufacturing,
Q1 Is paint is Exciseable Product ?

If Yeas,

Q2 Is any Limitation to Stock Transfer to Another Branch office like Delhi / Sale without Registration of Excise. How Much can we sale without excise Registration?