This Query has 1 replies
We are manufacturer of goods registered in Excise also
Suppose We pay Service Tax on freight @ 25%
and we are not claim input credit of service tax
on the time of excise duty payment can we claim cenvat credit of service in excise.
if yes kindly also give notification number (if any) Rule 8 ( if any)
This Query has 3 replies
can any one tel me abut d concept of MARKETABILITY of goods in excise???
This Query has 2 replies
My client is a PSU(in electricity industry) and it has switched to depreciation as per Companies Act.
They are using the SLM method of depreciation.
So i want to know that is there any logic behind the concept,where to use WDV method and where to use SLM ?
This Query has 1 replies
Hello Sir,
I have my manufacture unit in Palghar, Maharashtra having manufacturing excise licence. My office is in Mumbai having dealer excise licence. To sale my product in very small quantity, I am doing retailing activity from my office. I am removing my material from my factory to my office with excise gate pass. After that retail sale is done on commercial tax invoice from this office to all end users. The annual turnover of my office is not more than 24 Lacs.
For very small amount of sale I had taken Dealer excise licence, as it is suggested by my consultant(As per his view, same proprietor can not do any trading or manufacturing activity without excise licence.)
As I am not doing any trading activity other than selling my own product, & I have no plan to pass excise modvat to end user.
Please give me solution to overcome from this paperwork & is it possible to surrender my dealer excise licence?
Regards
This Query has 1 replies
We have expansion new plant in same premises of existing unit .
is it legal procedure for inform to Central Excise department ?
This Query has 2 replies
respected sir/madam,
Can Cenvat credit be availed when CVD and SAD has been paid through debit to DEPB scrip. in light of tribunal decision on M/s Polyhose case and then sommersaulted in M/s Essar steels read with Notification 96/2004 it reminds me of a series of book on chicken soup can nw be written on customs. kindly clarify what is to be done finally as debiting DEPB scrip is availing benefit of exemption benefit and not payment of duty which is a desideratum for taking Cenvat Credit?
thanxx
shiv shankar ghosh,
Hyderabad,
This Query has 1 replies
Dear friends,
We have a central Excise Regstration. But now we are one conginement is export FOB Basis. what is formlities for export Please help me. send the details for export procedurers please guide me.
Thaks for You,
Ganesh.
This Query has 1 replies
Sir,
Do we need to raise a Excise Invoice for making a sample sale for which party is not going to make payment for the same.
What will be the accounting treatement.
Please clarify.
Regards
This Query has 1 replies
A is manufacturer who sell the goods to B who is trader passing excise duty then B trader sell it to C who is Exporter. Whether C can take credit of Excise duty?
If C is also a trader and sold it to D who exports the Same. Whether D can take Credit of Excise duty?
2nd Query
Nuts and bolts which are used in electricity structures to join steel rods whether we can take credit on nuts and bolts. Company is infrastrucsture company.
This Query has 2 replies
Sir,
We had liablity under Central Excise in the month of May,2009 but due to oversight the same was not deposited. What are the options available:
1)Whether the liaibility can be deposited in December alongwith with interest and the same can be considered in the Return for the month of December;
2)Whether we need to revise the Return for the month of May,2009
Please clarify.
Regards
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
credit of GTA on Excise