Vikas
This Query has 1 replies

This Query has 1 replies

19 January 2010 at 17:19

Capital Goods On Rent

We are manufacturers of plastic items. We have moulds and dies that have been used by us but due to new designs are lying idle. We want to give these mould to our sister company / factory on rental basis.

Our factory is situated in Sikkim and the factory who wants to take the mould on rent is in Siliguri, West Bengal. Rent so decided is Rs. 10000/- PM.

How will the excise be treated in Sikkim and Siliguri and also if there is any tax to be taken into cosideration. We have taken full input credit for capital goods in Sikkim.

Thanks and Rgds

Vikas


Sweta
This Query has 2 replies

This Query has 2 replies

19 January 2010 at 12:24

removal of goods without CT-1 form

Our client is a merchant exporter and is not registered under Central Excise. Now that they have purchased from a manufacturer, the manufacturer is demanding CT-1 form for removing those goods. These goods are very urgently required by our client and hence cannot afford to follow excise registration and CT-1 procedure. Is it possible to remove the goods from the factory by paying excise duty as CT-1 form is not available? Or is there any alternate method?



Anonymous
This Query has 1 replies

This Query has 1 replies

Is CVD duty and additional duty leived on the Import of goods BOTH are eligible for being set-off under CENVAT credit



Anonymous
This Query has 1 replies

This Query has 1 replies

18 January 2010 at 11:12

Removal of goods without payment of duty


Sir,

Will someone give his valuable suggestion on the following:

Is there any provision in Excise law where excisable goods can be removed without payment of duty if one opts for the option of not availing Cenvat on Input products.Please quote the section if possible.

Regards



Anonymous
This Query has 3 replies

This Query has 3 replies

18 January 2010 at 00:16

Short Forms used in excise cases

What are the long forms used in any case study like ELT, STC, SCW, SCR, AIR, SCC, APSTJ etc. From where i can get such information?

Please guide about the same



Anonymous
This Query has 3 replies

This Query has 3 replies

16 January 2010 at 13:55

CENVAT

Respected Experts,

I am working in accounts field and doesn't know any thing about Central Excise. Please tell me how should I start knowing the working of Excise becoz in the Company the person handling this field doesn't want to share their knowledge and documents too.

Regards



Anonymous
This Query has 1 replies

This Query has 1 replies

16 January 2010 at 10:30

Removal of goods without payment of duty


Sir,

We are manufacture of excisable goods.The company now intends to remove the goods from the factory without paying duty on the ground that we will not avail input credit on purchase.

My query is-

1.Whether we can remove the goods without payment of duty on the above ground.Is there any provision in the Excise Law for the same.

2.Is there any provision in the Excise Law where the Company can maintain simultaneously two godowns with a partition wherein one godown is used for Excisable goods and the second one is used for non-excisable goods.

Your immediate reply on the above matter will be highly appreciated.

Regards


lalit
This Query has 3 replies

This Query has 3 replies

15 January 2010 at 22:54

books of excise

is books excise is mandatory as register e.g R.G.23A part-2 as excise rules is it possible to maintain this record in excel sheet and no signature is made on pages by athourized person. kindly give suggestion


Amit Kumar Agarwal
This Query has 4 replies

This Query has 4 replies

15 January 2010 at 14:03

Wire Drawing

As per TRADE NOTICE NO.:3/2004-CE, it was clarified that the process of drawing of wires from wire rods does not amount to manufacture under section 2(f) of the Central Excise Act, 1944. I want to know if that position still continues or wire drawing was later considered as manufacturing vide some notification. Kindly mention the notification no. if it has been changed.


CA Kanwaljeet
This Query has 2 replies

This Query has 2 replies

15 January 2010 at 11:43

cenvat credit

dear expert,
i want to know that whether can we take cenvat credit of payment of custom duty





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