Circulars & Notifications isuued by the CBEC.

which will take retrospective effect

is it Notification or Circular ?

Let me know basic difference between Tax & Duty without any example which may come true in all respect.


Highly requested to give succinct answer.


Thanks in advance

Hi,
We have sold some excisable products to some body, then after selling the products the concern party refuses to pay the total amount, so, after some bargainings we used to give 50% discount in total value of the invoice. So, is it possible to reduce the duty on the deducted amount or not ? Please tell us the entire proceedure for discounts in Excisable products.

Dear Sir,

Pl tell me slab of turnover for SSI unit to register in Central Excise.

and the valution of previous stock at the day of registration will be provided or not, if yes. then I will submit exciseable stock only or total stock (Exciseable+non-Exciseable).

Pl clarify the above.

Thanks

Rakesh

I am working with manufacturing uint,now our unit is declar the closed the all manufacturing activity in certain date.so i want to know what is the closer procedure of company to our excise dept. Please talls us any format or any declaration such as to be filled in excise dept.Awaiting for Any one expert repy.This is most urgent matter.

Vimal

Whether we have claimed CENVAT CREDIT on TMT ROADS as capital goods or not? if possible refer me case law. please

After the amendment brought by finance act 2008 in the definition of goods the sale of scrap arising in manufacture of floor coverings will be liable to excise duty or not?
Moreover do we need to collect tax at source on sale of such scrap?
Note: The scrap generated is the side cuttings of the material roll which arises when the pvc sheet enter into the machine!

Dear Sir,

I am working with the CPS Color India Pvt Ltd., Somnath, DAMAN - 396 210 our company is manufacturing unit with ch heading 8479. We have both registration (Manufacturing and Repair & Maintanence) can we use Service Tax Credit used in home cunsumption duty.

Please clear this issue

Dear Professional Colleagues, I have one client who is into manufacturing of the product which is under Valuation norms of Sec. 4A of Excise Act, i.e. MRP Valaution. Query: As per valuation norms duty is paid on the amount which is calculated at MRP Rate less Abatement. Now if the sale rate to customer is higher than the value on which excise duty is paid. Is any legal issue is there? As per Sec.4 of Excise Act, duty is to be paid on sale rate. As Sec.4A has overriding provisions and value arrived after reducing Abatement from MRP is less than sales rate and henecforth duty is paid less. Regards, Piyush Jain

Dear Expert
Can anybody provide me audit programe for excise records of a factory?