Dear Sirs
Can we get export benefit under Central Excise if the input is cleared as such? The export is to Nepal and the payment is to be made in convertable foreign exchange or against rupee payemnt.Product is Disel Generating Set. If yes,what is the procedure?
Regards
Tapas

Dear sirs
It is listen that from April-10 the goods and service tax will applied.Now what is the chances for proceducre and documentation,audit,return filing and assesment.Whether we have to deal with above matter with both excise and vat or either of two?

Thanks

Sandeep

Dear sirs
It is listen that from April-10 the goods and service tax will applied.Now what is the chances for proceducre and documentation,audit,return filing and assesment.Whether we have to deal with above matter with both excise and vat or either of two?

Thanks

Sandeep

Dear All Experts

I need your valuable suggestion in the following matter.

Ours is the Ceramic Tiles & Sanitaryware Industry. Tiles are cleared under MRP Valuation (Sec 4A) and Sanitaryware is cleared under Sec 4. (advolerm)

Further for promoting of our Tiles Sales we want to give sanitaryware items as a free gift alongwith Tiles to our customers.

My query is whether the duty is payable on the clearance of Sanitaryware items which are cleared alongwith Tiles as a free gift. If yes, what is the procedure for valuation.

Thanks in advance.

Hey i wanted to ask that if i have got finished stock in our RG1 which cant be sold due to customer runaway so what do i need to do to remove it from RG..


""The whole procedure"""

And i read somewhere that i can destroy the good by giving an intimation to the excise office. will that do???

when we transfer goods to job worker & he again transfers back such goods after carrying conversion processes(manufacture)....there Rule10A of Valuation Rules 2000 applies..
and the value of goods on which duty will be levied is the sale price by the principal manufacturer at that time

But if the principal manufacturer himself uses such goods and carries out manufacturing process on it then what will be the value on which duty will be levied??

Request you to kindly clarify my doubt, whether 100% of Cenvat credit on Capital Goods can be availed in the subsequent year; in the case of no cenvat credit availed in the financial year, in which the goods were received.

Thanks in advance

what is the difference between excise duty and sales tax? please elaborate. how we pay excise duty and when we pay and to whom we pay.

what is the difference between excise duty and sales tax? please elaborate. how we pay excise duty and when we pay and to whom we pay.

Dear Sirs,
We are under construction of a new excisable manufacturing unit( Cement plant). During construction period we are using TOR Steel for RCC work
And using STEEL PLATES, ANGLE, CHANNEL, BEAMS etc for factory shed & for fitting up of cement machinery.
Can we availed CENVAT benefit on TOR STEEL, STEEL PLATES, ANGELS, CHANNELS etc and I got a reaply from your expert i.e. Excise Paid on all above items are of Capital nature becoz used for capital Asset, you are able to take CENVATE Creidit on above in 2 instalment
i-e 50% in current year and remaining in next year

sir my quarry is that
1) The above steel item (major item) come under tarrief heading 72 and we utilised it for making factory shed for storage of raw material.
2)few above item we utilised for installation of machine & come under tarrief heading 72

So how i shall take the excise benifit because part of invoice is used for shed & part for other.

kindly give me case laws referance or any act or rule explanation.

Thanks for early reaply & pls. provide me the further information with reference.

Thanks & regards,
Sudip