This Query has 5 replies
hello everyone,
one of our client(proprietor) is engaged in mfg of paper boxes has two factories one is m/s. x & co and other is m.s. y&co.
he is the proprietor of both business.
one factory (old one) is regd under mvat act 2002 and is also subject to audit.
he started the other factory in june 2009.
my question is
1)what is the limit for registration under excise and
2)will the sales of both the factory will be taken into account??
3) labour work done will also be considered for turnover ???
This Query has 2 replies
Dear All
Happy Holi
Please help in the following Case
suppose I have an order from a Govt Undertaking under PAC (Project Authority Certificate) Say Rs. 10000/-
Now my query is :-
Is Excise and CST applicable on it?
Please tell me the format of billing in both the case (either applicable or not)
This Query has 2 replies
I am working in MNC,
Our Co. is engaging in Importing of Raw Materials & Capex from Outside India, We have huge amount of Unutilized Cenvat Credits available in the books,
whether Unutilised Cenvat Credits can set off in the follwing circumstances,
Company - A - Operation in Outside India
Company - B - Operation in India -Subsidiary of A
(MFG & supply to OEM Dom )
Company - C - Operation in India - Subsidiary of A
(MFG & supply to OEM Dom )
Company - A has 100% Shares in Company C & 60% Shares in Company B.
Whether Company C's Unutilised Cenvat Credits can be utilised by Company B. If Yes, Please let me know the Rules & Procedures to be followed.
This Query has 3 replies
What is apex court?
This Query has 2 replies
purchase goods worth Rs.7500/- for 3 Nos.
Paid for the same Rs.8694/- (i.e.including Excise & VAT
Now if we return 2 Nos. only by way of issuing Debit Note for Rs.5000/- only, whether we can take Excise credit on returned goods
This Query has 1 replies
In the forthcoming budget, the rate of excise duty is getting increased from 8% to 10%. So wef the day of budget, we have to increase the rate of duty to 10% on all the goods. My question is whether goods removed from factory to depot where duty has been already paid, require to be cleared from the depot has to charge 8% or 10% to the customer? Whether Differential duty of 2% is to be paid to the government? Please clarify...
Likewise, IN CASE, if the rate of duty is getting decreased from 8% to 6% (for example), then depot contains only duty paid goods at the rate of 8% and when i clear the goods from depot to customer i will charge duty only @ 6%. The 2% duty is excessively paid, when i was removed the goods from factory. CAN I GET REFUND FOR THE EXCESS DUTY PAID? PLEASE CLARIFY... SUPPORTING WITH RELEVANT PROVISIONS / CASE LAWS / NOTIFICATION, ETC., Thanks in advance...
This Query has 1 replies
We Import ship as a whole , dismantle and sale as scrap
Pls. somebody clarify the folowings :
1 ) Customs duty and excise paid by us, vide challan -6 , on import is to be reflected in PLA register or Rg- 23
2) sale of scrap is catogarised as exciseable, excise exempted , and nil excise
wheather rule 6 of reversal of excise applicable , upto what extent, our daily production register reflects catogerised items.
3 ) Is firewood obtained from the scrap is exempt or nil rate of C.E.
Thanks in Advance
This Query has 4 replies
Is excise duty have to be levied on branch transfer sales made by one manufacturing unit enjoying tax holiday to other state branch ? If yes then please support with law evidence.
Thanks in advance
This Query has 1 replies
Trader is first stage excise register dealer and purchased goods from local manufacturer and want sell this goods to 100% EOU. Is 100% EOU will get the excise benefit? If yse. What is the procedure?
This Query has 1 replies
Dear sir,
When we import/purchase raw material excise is charges @ 14% in the contrary we have to pay @ 8% when we clear our finished goods. what will we do with excess cenvat credit, is there any option to get back of excess credit.
Please advice me sir.
With Regards
Pankaj Naidu
pankaj.naidu@adityabirla.com
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
limit for registration???