Dear Sir,

we are manufacturer of auto components and holding registration number of excise,we are purchase some fixture from unregistered dealer in excise we want to sale out the above fixture without excise duty it is right or wrong as per excise rule.

thank

1) my question is when it shall be treated as waste and when removal as such while preparation of ER 1
when aur intermediate goods have been sold
when the input has been sold
when capital goods have been sold
when material sent on job work and on non receipt of material within 180 days duty has been paid by raising excise invoice

2)what are the different treatments if we choose for one or the other

3)whether intermediate goods which are captively consumed shall be shown as a separate item in the ER 6 return

4) when the goods sent under job work and duty has been paid on it. At the time when said material is received whether capital goods entitle for 100% credit or 50%

I shall be thankful if someone will quote releavant sections ar rules or notifiacations supporting to the reply

ANY ONE PL.CLARIFY ME I AM PURCHASING THE GOODS FROM OUT SIDE STATE THE I AM REG.DEALER UNDER VAT & CST RULES AND THE SELLER IS REG. UNDER EXCISE WHETHE HE MUST TO ATTACH THE WAY BILL COPY ALONG WITH MODVAT BILL OR NOT WHEN HE IS SENDING THE GOODS ?

Dear Sir,

Can any body tell me that what is the procedure to maintaining Excise Register/Challans/Return And which forms and register are applicable how to maintain them.

sunil_kumar10520@yahoo.com

Dear Sir,

What is difference between CVD & Basic Excise duty ??

Thanks & Regards,

Rajendra Ahire

An SSI manufacturing unit purchased capital goods in March'09 and took 50% Cenvat credit in March itself.Thereafter, on 1st April,it opted for SSI exemption upto 150 lacs. Its likely to cross exemption limit of Rs 150 lacs in October'09. My question is, when should the unit take the balance 50% credit on Capital goods and how its to be shown in ER3. Naturally ofcourse, it can only be utilized when the unit starts paying normal duty.Pls reply soon.Thanks.

An SSI manufacturing unit is working under the exemption upto 150 lacs.Thereafter, it'll start paying normal duty on clearance. The unit is also registered under Service Tax and paying service tax on GTA for transportation of goods as the unit is a partnership firm. It has made two quarterly payments of service tax while it is running under exemption. Now, can it take the Cenvat credit of Service Tax so paid thru GAR7? If yes, whether it'll be taken after crossing the exemption limit, or on the date of payment itself? Pls do reply soon.Thanks.

Dear sir

Please tell what is excise reconciliation?
And what are ER 4,5,6,7 ?

Thanks

In the context of a Manufacturing Company.....


what are the accounting entries to be passed at various stages i,e passing excise provision, availing input credit etc.... also What does the role of PLA in between various entries ?

a) Sale made involving Excise
b) Purchases made invloving Excise
c) Imports made, used as input item in the
manufacture and payment of Custom duty
against Import
d) Capital Item purchased involving
Excise/custom
e) Sales/Export Return against any sale
transaction

03/10/2009
To All Members
My client is a leather bag manufacturer and exporter,is it necessary to get registration under central excise act?
Shomenath