We have purchase Raw Material almost 18 months before on which we have not taken the Cenvat Credit but we have taken the VAT credit under Gujrat VAT and in second transaction we have purchase the material before 3 months and we have taken the Cenvat Credit and No CST Credit has been taken, now we are removing both the Raw Material "AS SUCH" to supplier, My Question is that What type of Documents we are suppose to prepare under Excise and VAT, Its necessary to prepare Invoice under Rule 11 for both the tranasaction and whats are the treatment of the VAT, Please advice me with relevant Sevtion, Rule and Notiifcation under Excise and VAT

If excise duty paid on MRP basis for any goods, so what will be valuation for captive consumption or for free sample,it should be on MRP basis or cost+10%?

Circular 813/10/2005-CX dated 25.4.2005 show it should be cost of production plus 10% but is it applicable on MRP basis product also or is it only for excluding mrp basis excise duty paid product . Please clear this confusion

Dear all

we have a manufacturing exporting unit
we are having the excise retistration

we want to take another plant on rent on the other side of our plant

we want to use it as raw material store purpose

have to take the new registration for this plant

or present plants registration is sufficient for the second plant which is near the present plant

my second query is that

we have corporate office other than our maufacturing plant.have we to take the excise registration for our corporate office

pls advise

Thanks & rgds

RK Saini

I am working in a Automotive Company.
Our Customer has rejected some items out of which we have supplied to them by raising a Invoice and paying Excise duty for the rejected items.Then we can rework some items and supplied to them/ If we cannot rework the items then transfered to Scrap location subsequently sale the items
by raising a Invoice and pay the excise duty for that portion also.

But Excise dept demanded that we have to reverse the excess of excise duty whcih we availed by Customers rejection Invoice and paying through Scrap Sales.

Example : We supplied the items to Customer @100/- and excise duty is 10/-.
if the customer rejected the items the customer has raised the invoice for 100/- and the excise duty is 10/-. We have availed the excise credit of Rs.10/-
Then we raise the Scrap Invoice for Rs.20/- and pay the excise dutu of 2/-.

Whether we have to reverse the excise credit of (10-2)= 8/-

PLEASE REPLY ON URGENT BASIS

Sir please Tell me What Is The Form Of Excise Return Monthly & Quertely.Any Condition Abotut This return

I am Purchasing Plastics preforms from market and send it for jobwork to produce plastic bottles and also they provides bottle with water.

They people charging excise on the Manufacturing of Bottles.I also paid excise on plastic preforms.
I have not excise registration numer.
I want to know that.
1>. Whether excise is applicable on that from 01/04/2010 ?
2>. whethere i need to registration with ecentral excise or not ?
3>. whethere i can transfer excise paid on purchase of plastic preforms to jobworker who charges excise on manufacturing of plastic bottles?

Sir,
We have claimed SSI excise exemption notification 8/2003 as on 01.04.2009.

But in current year we have not crossed 1.5 crore turnover. Hence we didn't get into excise

Even in next financial year we do not expect to do business more than 1.5 crores.

My query is, Now we want to come out of Excise ambit:-

1)We want to surrender Excise Certificate, how do we do and when to do
2)We have PLA Balance of Rs.40,000/-; Cenvat c/f balance of Rs.90,0000/-; 50% balance of Capital goods purchased Rs.1,20,000/-, how do we get the refund
3)Whether we have to request them to conduct excise audit

Kindly experts, help me out.

we are the manufacturar exporter of medical items
we are exporting iv cannulas(90183930) @4.12% excise duty
under notification 10/2006 amended by 58/2008

we are despatching plastic waste & scrap(391500)
@ nil rate of duty under notification 10/2006


my query is that have we to reserve the cenvat credit taken on scrap portion which was cleared @ nil rate of duty

is there any difference between exempted goods or nil rate of duty goods

if plastic waste & scrap(391500) is having the full rate of excise duty @ 10 % as per the central excise tariff (porduct is not exempted as per the tariff)

if we availed the 10/2006 notification rate of duty is nil

in that case have we to reverse the cenvat credit already taken on the scrap portion.

or there is no need of reversal as product is not exempted it is having the nil rate of duy under said notification.

please advise

Thanks & rgds

RK Saini





we are despatching our scrap

can DTA claim canvat credit?

as unpaid amount of dividend transfer to special unpaid dividend a/c with scheduled bank a/c.

if shareholder demand dividend amount whether to pay from special a/c or unpaid dividend amount is no more payable. if it is no more payable. for how much period that amount will be lying with bank a/c .

pl suggest