This Query has 1 replies
Sir can u please explain section 4 of central excise act 1944.I am confused in this line "the goods must be sold by the assessee for delivery at the time and place of removal"
my query is whether goods should have been transferred ""to"" place of removal as per section 4(3)(c) or ""from"" place of removal to buyer.
plz reply
This Query has 1 replies
Pl. clarify to me , if a compnay tranfer it capital goods from one unit to another unit after it installation of 2.5 years . What will be entry made for debit cenvat amount ?
Initail capital goods value Rs 20000 and cenvat credit taken Rs 2000.
This Query has 1 replies
We are manufacturer as well as job worker regd. with excise. We also undertake jobwork of Fabrication and galvanizing of dutiable & exempted goods. We produces dutiable & exempted goods and do not maintain separate records. We avail cenvat credit on free issued inputs received from customer for job work & own purchased inputs like, steel, zinc, Consumables, Fuels etc. As per Rule 6(3)(b) of cenvat credit rules, 2004, we reverse 10% duty on clearance of exempted goods (now 5% to be reversed).
For non-exempted goods received in our factory for job work, how much credit should be reversed by us.
In case, if customer is regd. with excise, and paying excise duty on goods so processed by us, are we liable to reverse the duty?
If customer is not regd. with excise, and not paying excise duty on goods so processed by us, at which rate duty should be reversed? how the valuation is to be done?
This Query has 2 replies
our company producing cotton seeds and which are not excisable
Company willing to construct cold storage and if the company produces exemption certificate the Excise duty on cold storage machinary will not levied by the vendor company
pls. advice the pre -requisites for applying the certificate
This Query has 1 replies
Hi,
I am a trader from Kerala. We are sourcing materials (iron pipes & electrical Parts) through C From. The Supplier issues us a Excise Bill. Now in kerala we are supplying the same material to government agencies. They want Excise bill through which we can pass on the excise duty.We are using tally as our accounting software.
Now My Doubt:
Is it necessary to issue a separte Form 8 (Vat Bill) along with the excise bill. I would appreciate if somebody can send me a specimen copy of the excise invoice.
My id devi.prabhakar@gmail.com
Thanks
Devi
This Query has 1 replies
we have indegenously sourced some fabric under advance intermediate licences against invalidation.
now there is a short fall in the export obligation and we are asked to pay excise duty with interest.
we would now like to pay excise duty with interest. please give us the procedure to pay excise duty at Central Excise, Chennai, Commissionerate-iii.
This Query has 1 replies
WE ARE MANUFACTURAR & MERCHANT EXPORTER
WE DID SOME MERCHANT EXPORTS
WE DEBITED THE DUTY AMOUNT FROM OUR BOND AMOUNT
BUT NOW WE ARE UNABLE TO PRODUCE PROOF OF EXPORT BECAUSE WE DON`T KNOW THAT EXPORT WAS ACTUALLY TOOK PLACE OR NOT BECAUSE OF THE MERCHANT EXPORTERS
I WANT TO KNOW THAT WHAT PANELTY AND FINE WE HAVE TO FACE AGAINST THE EXCISE AUTHORITES
THE MATTER IS OF 2006-07
PLS ADVICE AS SOON AS POSSIBLE
This Query has 1 replies
Dear sir,
Can you please tell me what is excise duty on Ayurvedic medicine(triphla churna & saff saff tab. & products (as almond shampoo). Is dvd taxable or exempted ( cds is Dr. lacture about health & beuty etc.)if taxable than what % will be apply.what is the excise limit in a year sale is it 150caror or excess.
Thanks & regards
Deepak jha
This Query has 2 replies
would anyone can tell me about the records to be kept under cenvat, what is account current , pla. i have confusion regarding account current and pla .
This Query has 2 replies
Hi all,
There is manufacturing company. Goods are removed by payment of duty but the same were rejected by customer as it is not as per his specification.So, how we have to treat the returned good.Can we get back the duty what we paid on removal.
Thanks in advance..
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