This Query has 1 replies
Dear Experts,
pls tell me, if any govt. concern company like BARC/ RCF purchase material from manufacturer who is under excise & issue them certificate of notification 10.97 then whether that manufacturar has to pay excise duty on sale of their goods or due to receiving exemption certificate they were not liable to pay excise. Or if duty is compulsary than how it is calculated. pls advice.
thanks.
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is any time limit is applicable to register for excise.
i have bought a land and not started construction (civil or eng.) can i obtain excise registration
This Query has 1 replies
We purchased a Machinery for production of our products and we have taken 50% Cenvat that F.Y.after installation. We used machinery 1 years for production of our goods. Now we want to sale or transfer this machine as a workable condition to our branch. So, will we have to pay excise duty for this ? If yes which value ,is it on selling price or equal to cenvat credit taken?
This Query has 1 replies
The company is manufacturing excisable product. The company availed the cenvat credit on raw material and on capital goods. Suppose company having balance in PLA say 50Lacs on 31.03.2009 and after words in 2009-2010 that excisable product ( finished goods ) is exempt from excise duty. Then balance in PLA account is refundable to the company or the company will not get the refund of that amount lying in PLA account
This Query has 1 replies
Dear All,
A Manufacturer imports some materials, and send the same to his sister concern and passon the basic excise duty and additional duty. passing of additional duty is wrong or right. please advice and give me the references if any.
This Query has 1 replies
Dear Expert/s,
We are a battery manufacturing Co. and Registered with Central Excise.Now we want to sold our own product with M.R.P mention on the Packing Box.
Hence I request you to all please tell me the procedure to fix M.R.P
With Regards,
R.Dutta
This Query has 2 replies
while doing a stock valuation, we have make 100% write off provision on Non-moving items.Now my query is that, as per CENVAT credit rule 2004(rule no-3(5b), i have to pay the excise duty on such written off amount ? & when in future, while using such items in production process I can take a CENVAT credit ?....
Plz Help Some Body........
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Hi,
One of my client is in the business of import. He import MEG and sale in India.He claims custom duty refund of additional custom duty paid. He is in purely trading. No manufacturing is done on his part. Whether he is liable to file excise return?whether i am correct in interpreting that as per Rule 9(8) of CENVAT CREDIT RULES,2004 He is liable to file quarterly return? Is there any laibility to file return in Custom Act?Please reply soon.
This Query has 4 replies
dear all
We are saling one product. the prodct P.O. is open m which has not mentioned any specific date of closing order. they have issued seprate order of design & devolopent charges.we are issuing sale invoice against devolpment & design charges with include service tax.
is it correct?
Because of I heard excise duty will be applicable on devolpent / design charges & devolpent charges are dividing per quatity product & add excise duty in issuing prodcut invice, which has issued with excise.
kindly give the suggestion on same issue
. if excise applicable on devoplent charges, it is double taxation.
This Query has 1 replies
Hi,
We were purchased the DG set in the year 1989 and sold the same in the year 2008. So at the time of sell the DG set in 2008, Is it require to levy excise duty on DG set or not?
Pls. clarify the same.
Thanks
Sanjay
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
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notification 10/97