Dear Experts,
Our customer purchase Batteries from us. That batteries are specially for solar lighting. One of Solar Lighting Manufacturing Co. wanted to purchase batteries from us. And they will do export with their Lighting equipments.
Now is there any Rule is there where excise duty and Vat will be exempted?
Kindly inform me.
Thanking you
Ritu

IN indirect taxes v s datey


Deemed manufacture is classified into 2 types. In the 2nd type in has been mentioned as follows


“in respect of goods specified in third schedule to central excise act repacking, relabelling, putting or altering retail sale price etc. will be manufacture. The goods included in the third schedule of central excise act are same as those on which excise duty is payable u/s 4A on basis of MRP printed on the package”


My doubt is, third schedule to CETA covers the goods to be valued under MRP provisions. But in the above definition it is specified as third schedule to central excise act. Is it correct?

Hi,
Dear Sir,
pls explain the Xample of How Cenvat credit talen on 1)goods 2)in put services and gow it is utilised.how we make JV for this transaction
give the practicle example

pls

Dear Experts,

We have got an order from SEZ Developer. They are Exempted from all taxes of Central Excise and Sales Tax.
Now can anybody tell me what is the procedure to dispatch the goods.
Thanks and regards,
Ritu

If we purchase an Fixed Asset we pay ED on it we put 50 % of ED for current year and rest 50 % for subsequent year in this scenario I have the following doubt:-

Q (1) If we use above fixed asset up to it's retirement scrap, then whether it's paid Excise Duty will be cliamable or not.

Q (2) If we sale above fixed asset after two years of purchasing, then whether it's paid Excise Duty will be cliamable or not.

Q (3) If we sale above fixed asset within one year of purchasing, then whether it's paid Excise Duty will be cliamable or not.

Q (4) If paid excise duty is not claimable in case of capital goods (Fixed Asset), then whether should we include it in Fixed Asset value or not.

Thanks & Regards
FAZLE

Dear Experts
Pls reply my query for the determination of assessable vale to be written in a dealer's excise invoice.

Where details of imports to be given.
Can we write here as assessable value the CIF value as mentioned in the bill of entry or we have to write the sum of (CIF value+ Basic customs duty )as mentioned in the bill of entry.
When an importer is issuing invoice to excise registered dealer in india.

Thanks
Basudev paul

sir, we have started our Galvanised pipe plant but due to some technical problem, we can not do any production for 60 days. in this period we have consumed furnish oil to maintain zinc melted.because zinc is useless for us if zinc become cold. so we have to consume furnish oil as fuel. so my question is that can we take cenvat of furnace oil that we have used.

Sir,

I want to know that is it necessary to file Excise Return Monthly or Quarterly in Excise Free Zone of Himachal Pradesh. And if we fail to file the same with Excise Dept. what is the Panelty on that and how can we ractify that.

Best Regards,

Sunil Sharma

What is the difference between sending goods job work under Notification No. 214/86 and Rule 4(5) of the Cenvat Credit Rules?

Dear Experts,
We are a Battery Manufacturing Unit, Register with Central Excise. We are using Lead Ingots for manufacturing of Batteries. During the assembly lead Ingots became to piece or dust. We are sending the piece or dust of Lead to our job worker. Job worker make it Lead Ingots and return to us. But due to burning loss they are sending 10% less whatever we have supplied.
Now my question is for this we have to make any agreement with job worker?
Kindly confirm me
Thanks and regards,
R.