vijayabhaskarareddy
This Query has 2 replies

This Query has 2 replies

22 October 2008 at 12:33

excise payment

we are a newly manufacture co , can we pay excise duty in any bank or for this we need to have account for this in that particular bank. pls clarify and sent ur advice to uvbr@rediffmail.com.


Nazir
This Query has 4 replies

This Query has 4 replies

20 October 2008 at 16:31

IEC Code address update

Hi,

We have an IEC code for our Banglore office, now we shifted completely to pune. I need to update this address in our existing IEC code. can you please tell me the procedure for this???


Sanjay Sharma
This Query has 1 replies

This Query has 1 replies

16 October 2008 at 13:01

Cenvat Credit

My earlier company has been amalgamated with some other company and we have surrendered the Central Excise Registration to the department in the month of Sep-08 and on the 1St Oct’08 we got registered the company in the new name with new ECC number.

Further, there were some material in transit at the time of amalgamation process billed in the name of my earlier company form the suppliers.

My Query is –
1.If we receive the material in the month of Oct-08, can we take the Excise duty credit paid on the said material ?. If we can not take then what is the procedure to handle this issue, how do we satisfy to our suppliers ?.

2.As per the normal practice we take the duty credit on our own invoice (because our dealers and stockiest are not registered with Central Excise department, so they can not raise excise invoice for the sales return) accompanying with the Sales Return material.
3.Now, the company name has been changed with new ECC number, whatever SRN ( Sales return) we receive, it would be in the name of the earlier co (from which already billed). In this condition can we take the duty credit on SRN (Sales return ) or not ?.

Pls clarify


Darshana Pandhare
This Query has 2 replies

This Query has 2 replies

15 October 2008 at 11:16

excise matter

which books should be maintained for excise & to whom excise should be applicable


sony10
This Query has 2 replies

This Query has 2 replies

Hello Experts,

Our co. manufactures conveyor belts. Raw material used is all types of steel (M.S., S.S.). So what is the annual sale amount on which excise would come into existence for our company.


S.R.SRIDHAR
This Query has 1 replies

This Query has 1 replies

11 October 2008 at 15:03

Export Oriented Unit

Dear Sir,
We have a case relating to EOU. Let me explain my doubt with an example. Our EOU have imported goods say @ Rs.41 per $, now our EOU wishes to sell the two-fifth of the quantity of materials to another EOU. Assuming that if the price of dollar has gone up to say Rs.47 per $.

1) Whether the transaction between these two EOU can be carried out in dollar terms?
2) Whether the goods can be virtually re-exported (Purchase return) to the Original supplier in abroad only by means of paper and the original supplier may in return issue a invoice in favour of the EOU who wishes to purchase the material and the goods will be originally removed from our EOU?
3) How the transaction between these two EOU can be carried out?
Plz clarify my doubt quickly. U can also reply to me on sr.sridhar85@gmail.com!


CA Praveen Chopra
This Query has 3 replies

This Query has 3 replies

08 October 2008 at 17:00

Excise duty on sale of imported scrap

Is there any excise duty leviable on sale of imported scrap in the india


Anish Jain
This Query has 2 replies

This Query has 2 replies

29 September 2008 at 16:46

excisable or exempt

I request all the member to sent their opinion on this issue

i am registered with the central excise department. i purhase raw material on excisable invoices and non excisable invoices.

i make dies for inernal use out of the material (iron) purchase on non-excisable bills i.e. without availing modvat.


during the process of manufacturing of dies scrap is generated.

Please clear whether i will have to pay duty on sale of this scrap or not.

Thanks Friends,

Anish jain


hitesh
This Query has 1 replies

This Query has 1 replies

27 September 2008 at 15:05

Final Year Query

Claim by a refinery that the process undertaken by it does not amount to manufature on the ground that there is no chapter note or section note which specifies that the refining of edible vegitable oil amount to manufacture.


Himanshu
This Query has 1 replies

This Query has 1 replies

26 September 2008 at 17:13

Duty Free Purchases

Dear Sirs,

Would you please tell me about the circular of Cetnral Excise under which an E.O.U. can purchase HSD (High Speed Diesel)without payment of duty from Depot as well as Refineries.

Kindly tell me asap.

Regards





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