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

I seek ur view regarding taking cenvat on the goods received back after repairing. The case is- there is an imported machinery which we have sent for repairing. As we donot receive it within 180 days,we pay cenvat availed on it on original imports. Now when we receive it back, again bill of entry is filed and we end up paying duties at custom port. As a general practice we avail credit which we paid on expiry of 180 days. But here as we have paid duties twice (1) at the time of lapse of 180 days (2) at the time of reimport. Of which amount we shall avail cenvat. Please provide reference to rules or any case law precedent to the case.

Dear sir

I want to ask the procedure if we don't have sufficient place in our manufacturing unit and approach for a storage space out side the unit. What is the procedure of that :-
1 . whether we can take permission from Deputy commissiner or Commissioner .
2. Whether we have to pay duty at the time of removel of excisable goods to the storage space .
3. From where our invoice will be executed either from parent manufacturing unit or from warehouse earlier called storage palce .
4. When we will have to pay ecise duty on our final product i.e. at the time of removal from factory or from warehouse .

Please advice me

Thaks & regards

Munesh Verma

Hi,

Whether Raw materials purchased for manufacture through Advance license and sold as it is to SEZ unit will be treated as Deemed Export?
Whether ED ll be Chargable on the same?

Pls answer with specific provision in the law.

I would like to know the applicability of excise duty on sale of old domestic machinery?

please any one give me faundamental of excise taxation?

Dear Experts

I got notice from Excise reverse the cenvat credit which is i am availing mar 2009. Pls help me how reverse the credit and accounting entry pls help me

Harsha

Dear all

as we are newly established unit we have enough cenvat credity by procuring capital goods. So I would like to know whether we export under rebate and advance licence/DEPB so that we can incash cenvat Credit and receive advance licence/DEPB for procuring imported raw material without payment of duty.

Please advise me sir.

Your suggestion will be appreciated.

With Regards

Pankaj Naidu
pankaj.naidu@adityabirla.com

Dear all,
Since we have enough cenvat credit,we are planning to export under rebate in this regard i would like to know what other export incentive can we claim like DEBP/Advance Licence etc, as we import main raw material from other country. Please guide me sir.

With Regards

Pankaj Naidu
pankaj.naidu@adityabirla.com

whether cenvat credit will be available on m.s.angle/channel/plate/square/round/bar etc. used in the fabrication of machinery. If it is used for repair of existing machinery then will the credit be available as input cenavt credit or capital goods credit?