baburajendra prasad
This Query has 1 replies

This Query has 1 replies

06 December 2008 at 10:54

ER-2 monthly Return

what the information we have to disclose in ER-2 form every month and also within what time we have to file the same let me know about this because iam new to this field


CA jayalakshmi
This Query has 1 replies

This Query has 1 replies

05 December 2008 at 10:11

Excess ED paid

If a company stock Transfers it's goods to other branches at Pricelist price+ Ed and at branches it sells to customers at lesser price than the stock transfer price,so we are collecting lesser ED from the customers.Whether the company can claim Refund of excess ED paid


K.MASTHAN BAVA
This Query has 3 replies

This Query has 3 replies

27 November 2008 at 10:25

CENVAT CREDIT ON CEMENT AND STEEL


SHALL I GET A OPEINION ON CENVAT CREDIT AVAILABILITY ON STEEL AND CEMENT


Kishan L. Agarwal
This Query has 1 replies

This Query has 1 replies

27 November 2008 at 05:10

Applicability of excise

A proprietorship concern purchases papers & board from marketand get processed for printing and packing boxes from outside on job work basis. It don't have any machinery. Whether excise is applicable to it?

Will there be any difference, if the job processor is subject to excise?


PLEASE REFER RELEVENT SECTION AND/OR RULE?


Tejas
This Query has 2 replies

This Query has 2 replies

26 November 2008 at 16:17

Diff in stock as per Excise Records

Respected Sir,
One of our client M\s XYZ Ltd.(Gujarat) has shown their stock as 1000000 units in the RG1 Register and also in their monthly returns and the VAT Auditor has also shown the same for FY 2007-08 but we have reported the same as 4000000 units per our 3CD reports and the annual reports now my query is that how do i bring an reconciliation in the same when the client's Excise Consultant has already given the signed indemnity bond for the shifting purpose in Sep 08 of the factory(Rajasthan)how do i come out of this position ??
one of the CA has advised me to show the balance as scrap sales, what should i do ??


Nitin G Haldikar
This Query has 1 replies

This Query has 1 replies

26 November 2008 at 15:10

Export under AR4

Sir we R manufacturing of soya deoiled cake which is exempted from excise and vat also we have some export order we are planning to stuff the cointainer at our premises same will be exported we have also procure the bond and all necessary document we have done but my question wheater we can export under AR4 which container verification is nesseeriy.
Please guide me.


Amol Desai
This Query has 1 replies

This Query has 1 replies

25 November 2008 at 12:50

Self Removal of goods for Export

We have a Pvt. Ltd Co. and having production of Refined Oil & Soya D.O.C.
We are exporting the Soya D.O.C. & this product have no excise duty.

At present at the time of stuffing of containers for export, the officer from Excise department comes to factory inspect and seal the containers.

Is there is any provision in the Act for self removal of goods for export under AR-4. Because I heard that there is provision in the act for self removal of goods under AR-4 but it is for excisable goods.

Please clerify


maitri
This Query has 4 replies

This Query has 4 replies

24 November 2008 at 12:45

cencat credit

wether excise paid on purchase of Block item is available as credit for manufacturing unit


Amar Agarwal
This Query has 1 replies

This Query has 1 replies

22 November 2008 at 19:22

Reversal of Cenvat credit

Dear friends,
Please provide your inputs respect of reversal of Cenvat credit, availed on capital goods, at the time of retirement of asset:

Case1: Capital Asset (useful life 4 years) is retired within 1 year of its acquisition?

Case2: Capital Asset (useful life 4 years) is retired after 2 years but less than 4 years?

Case3: Capital Asset (useful life 4 years) is retired after its useful life i.e. 4 years?

As per second proviso of Rule 3(5) of Credit Rules: "Provided also that if the capital goods, on which CENVAT Credit has been taken, are removed after being used, the manufacturer or provider of output service shall pay an amount equal to the CENVAT Credit taken on the said capital goods reduced by 2.5 per cent for each quarter of a year or part thereof from the date of taking the Cenvat Credit".

What will be impact of this proviso in above mentioned cases?


Durga Prasad Garaga
This Query has 3 replies

This Query has 3 replies

20 November 2008 at 13:48

Freight Charges

Dear Sir

Please clarify Freight Charges should be mention either before excise duty or after excise duty. if any rule please tell me rule No.


Durga prasad garaga





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