This Query has 1 replies
sir
i am working in export company where we just got a summon from central intelligence office about availment of draw back soya cenvat credit......
as i know that export are eligible for draw back......then why we got that type of summon.....plz tell me what should we do in this case
This Query has 1 replies
Please give me 8/2003 SSI EXEMPTION NOTIFICATION copy.
This Query has 1 replies
hi this is Arijeet Das from Jamshedpur, Jharkhand.
my Query is " what should be the rate of excise in case of supplementary bill raised on 2nd March,2010 for the goods delivered between the period 01-10-09 to 21-01-10?"
My knowledge says that it should be 8% as the goods is removed between that period in which rate of excise in 8%.[Rule 4 & 5 of central excise rules].
Please confirm me that whether I m correct or not?
This Query has 2 replies
We are importers of Signage Printing material (PVC Cloth rolls used for preparing Sign Boards/Advertisement Boards) i.e. Raw material for preparing Signage Boards.
At present we are paying custom duty comprising Basic Duty, Counter Veiling Duty and Additional Duty and claiming refund of Additional Duty paid by us after making the sale of the complete imported stock against a particular Invoice.
We are basically Traders i.e. import the raw material and sell it to the Dealers/Printers after charging 5% VAT. There is no Value addition in the product from our end.
Please guide us if we get Excise registration, whether we will be in a position to issue Excisable Invoices and pass on CENVAT benefit to our Dealers/Printers
I would be grateful, if Rules and related links may please be informed.
This Query has 1 replies
We were supplying excisable goods for constructing industrial godowns and sheds. I had little doubt regarding the supply. We are doing one work in this work it includes all the excisable rawmaterials (structures)for constructing the shed and also we were sending the non excisable goods like lighting sheets for fixing of lights and self drilling screws for fixing of sheets and turbo ventilators for cooling solutions. We were paying excise duty on raw materials (Structures),Now i had doubt regarding non excisable suply of lighting sheets, screws & turbo ventilators, whether we have to pay excise for that non excise items or not? we were fixing the above non excise items on our structures. so we have to pay excise duty on the non excisable sales also? or not? In the central excise audit, audit party objected whether you have purchased with non excise but you are using in the structure which was a excisable product so you have to pay for the total amount on non excise sales also. please give me solution.
Thanking you
Raja
This Query has 1 replies
I found there is a change in excise duty rate in the budget on 26/02/2010
I found that the notification is issued in date 27/02/2010
Q.1 Change in excise duty rate is applicable from Notification Date or Budget Date?
This Query has 4 replies
can any one tell from when the Excise rate changes from 8 % to 10% will come to effective?
This Query has 1 replies
We were executing the works contracts. We were the manufacturers of steel structures for industrial and commercial godowns. In this part we were purchasing the M.s.plates, sheets, m.s.strips, I.S.M.B, M.S.Angles, Squares, Rounds with Excise from manufacturers and also without excise from traders and also purchasing non excisable products like lighting sheets, turbo ventilators and self drilling screws . I had little doubt regarding the supply. We are doing one work in this work it includes all the above excisable rawmaterials (structures)for constructing the shed and also we were sending the non excisable goods like lighting sheets for fixing of lights and self drilling screws for fixing of sheets and turbo ventilators for cooling solutions. We were paying excise duty on raw materials (Structures)Now i had doubt regarding non excisable suply of lighting sheets, screws & turbo ventilators, whether we have to pay excise for that non excise items or not? we were fixing the above non excise items on our structures. so we have to pay excise duty on the non excisable purchases also? or not? please give me solution.
Thanking you
Raja
This Query has 3 replies
we are Agri Equipment manufacture in Sangali,Maharastra.India.
My Firm Name is Shree Swami Samarth Industries.
MIDC Islampur,Dist- Sangli.
Cell No.9860450229 Mr.Abhishek More.
Dear Sir,
Please Guide in Case of Excise.
My Firm is not Registered with Central Excise because my product is use only for Agriculture purpose.
But for production process i have to use Excisable material.
Can i avail cenvat againest my Exciseable material .or There are any provisions in Central Excise for Agriculture Equipments
pls.send me on my mail id (patilvinodkumar@gmail.com)
Thanking You,
Abhishek More.
This Query has 2 replies
1. if retail price declared on the package at the time of removal is subsequently altered to increase the price, such increased price will be retail price for purpose of section 4A
2. as per section 2(f)(ii) altering price will be deemed manufacture
3. as per section 4A(4)(b) if the manufacture alters the retail price goods are liable to confiscation
4. as per rule 23 of packaged commodities rules alteration of MRP is prohibited
I have found all these statements in v s datey book for indirect taxes. I want to know which one is correct for the question of, effect of altering mrp printed on the package
availment of drawback