At the time filling ER-2 return we have shown wrongly excess balance in cenvat account, and we had showing that amount in our cenvat account from the month oct 09, now i relised that, that amount which was supposed to be not there,and we have filled monthly return by considering that amount included in cenvat account. now i want to adjust that amount or i want to remove that amount from cenvat account. i want to fill this month ER-2 return by adjusting that amount
so how can i do this.
please advice me on the same

REgards
Yogesh

from which date increased Excise Rate as announced in budet 2010 is Applicable?
whether from 27th Feb 2010?

HELLO EVERYONE,

ONE OF OUR CLIENT IS PROPRIETOR OF 2 FACTORIES(same jurisdiction, registered under mvat)
AND

TURNOVER OF BOTH FACTORY IS LIKELY TO EXCEED THE SSI EXEMPTIN LIMIT.

TO AVOID THIS ONE OF MY FRIEND SUGGESTED
TO MAKE HIS WIFE PROPRIETOR OF ONE FACTORY.

IS THIS PROPER WASY OF AVOIDING REGISTRATIN UNDER EXCISE.

THANKS IN ADVANCE
MY ID abhipcc@rediffmail.com

HELLO EVERYONE ONE OF OUR CLIENT IS PROPRIETOR OF 2 FACTORIES(same jurisdiction, registered under mvat) AND TURNOVER OF BOTH FACTORY IS LIKELY TO EXCEED THE SSI EXEMPTIN LIMIT.

TO AVOID THIS ONE OF MY FRIEND SUGGESTED TO MAKE HIS WIFE PROPRIETOR OF ONE FACTORY. I THIS PROPER WASY OF AVOIDING REGISTRATIN UNDER EXCISE.

THANKS IN ADVANCE
MY ID abhipcc@rediffmail.com

Can anyone send the complete accounting treatment of excise from the basic entries to effects in P&L a\c and balance sheet.

Thanks in advance

Sirs,

Guide me about the New Registration for Central Excise as per latest procedures.

Guide me about online registration and procedures.(if possible)

The New Company going to manufacture Electronic goods (Mobile phone accessaries).
Expecting your valuable guidance.

in budget 2010 rate of excise duty increse 8% to 10% on auto compoents chapter heading no. 8708.99 pl provide me notification no. of central excise

Dear Sir,

one of my friend company receiving service from labour contractor. the service provider chargin his bill along with applicable service tax and mentioning his service tax registration number in that invoice. servicer receiver pays the full invoice value and taken in ER-I return on particular service tax amount as input.

now the department people asked service receiver to submit the proof of payment made by service provider if not to do so the service receiver is liable to pay the full amount or reverse the same input credit.

next the service receiver tried to get the proof of payment from service provider and he know that the service provider is a fake.

now who is liable to that particular tax?

please clarify and thanks in advance.

Aravind Kumar Ch.

our company send some material to job work
for processing & in that process some chemicals are used we purchase it & direcetly send to job worker form supplier.in that case when we applicable to take cenvat credit on invoice of chemicals & which document prepared in that case to send the material to job worker .pls reply us ?

yogesh

Dear all,
A SSI unit exporting the most of it's products.[Total Tern over = 50Cr, Export=49Cr,Local 1Cr]
Now the above unit can fall under the exemption of 1.5Cr, which is available for SSI's ?

Thanking you