Sunil
This Query has 3 replies

This Query has 3 replies

23 February 2015 at 09:46

Dealer registration surrender

We had Dealer Registration with our old premises address. Now, we want to take new dealer registration for our new premises.
For Old dealer Registration we do not have original Registration certificate.

Kindly inform us to close Dealer registration without original dealer registration certificate.



Anonymous
This Query has 1 replies

This Query has 1 replies

21 February 2015 at 17:01

Rule 6 of cenvat credit 2004

Dear Expert,
Clearance of Exempted product ( Nil by Tariff )are made to the subsidiary ( marketing) company by the holding company say for Rs 100/kg. Holding ( mfg) company has choosed the option as per 6 of CCR 2004 for reversal of 6% on the value of assesable value exempted goods to the subsidiary company.since seprate account of input, capital goods and inpute services are not maintained.
Subsidiary company is marketing company added their margin the sold to their customer @ Rs 125/kg
Whether 6% amount to be paid on value of holding company or subsidary company ( Rs 100/kg.or Rs 125/kg.
Thanks in advance



Anonymous
This Query has 1 replies

This Query has 1 replies

21 February 2015 at 14:49

Customer has given us the po for tool devp

We have received PO for tool devp from Foreign Customer, We have developed Tool for Customer against which we shall produce the finish goods and clear for export.

Now we have received payment against above Tool devp cost.

Against this transaction whether excise or service tax is applicable or not aplicable?



Anonymous
This Query has 1 replies

This Query has 1 replies

21 February 2015 at 14:15

Registration and threshold limit.

I want to know the liability of being
registered under the Excise for a manufacturer under SSI unit Scheme.
For e.g. if an SSI unit has a turnover of rs.2cr and yet not registered in excise, than
what will be its liability for excise regarding the registration as well as he has to pay on differential turnover after deducting the excise paid on purchases from excise registered dealers.

Sales till date 2 cr
Threshold limit 1.5 cr
excise paid in purchases of raw material 24 lakh

What will be the excise payable after registration.



Anonymous
This Query has 1 replies

This Query has 1 replies

21 February 2015 at 10:21

Export procedure

What is meaning of Advance License and Duty drawback policyto be follwed in Exports. Pls clarify, Thanks



Anonymous
This Query has 2 replies

This Query has 2 replies

Vide notification no. 12/2012-CE dated 17-3-12 as amended from 12/2013 dt 1-3-2013 effective duty is rs. 60/- per sq mt.. In this notification serial no 54 . these four tarrif code are given 25151220,25151290,68022110,68022190.
Heading 6802 means worked monumental or building stone & article.
This applies not only heading 2515 but also to all other natural stones similarly worked.
My question is can we take CENVAT on irregular marble slab of terrif code 25151220 purchased and then on which we do process of cutting & sizing in regular rectangle size and polishing over it and then discharge under tarrif code 68022110 polished regular cut to size marble slab



Anonymous
This Query has 1 replies

This Query has 1 replies

If a manufacturer purchases and sells the final products due to what ever reason(short production, high demand etc.,,). what will the indirect tax implications and the cenvat credit implications...



Anonymous
This Query has 2 replies

This Query has 2 replies

FREE ISSUE MATERIAL USAGE CERTIFICATE.

Dear Experts,
Thanks for your support on various issues. Now the query is.

1. We got the order from our customer M/s. A to supply the material to mega power project 6 x 660 MW and they have provide us PAC (Project authority certificate) for supply of some assembly with nil rate of duty.

2. In the said assembly it required huge bearing to rotate the products.

3. For the above assembly required bearing are imported by our customer M/s. A on advance authorization license scheme with nil rate of duty for above project.

4. They have issued the same bearing for use in above assembly as free issue material.

5. We have used that bearing in assembly and sent the item directly to mega power project. And mentioned the free issue material value in our invoices for calculation of assessable value.

Now our customer is asking “Free issue material usage certificate” from our range superintendent that the bearings is used in the above assembly to close the advance authorization license. But our range superintendent is telling that the certificate is not required the product is going to mega power unit and they will provide you this certificate.

But our customer is telling that, the bearings was used in assembly at your premises hence you have to provide the certificate from your range superintend.

So kindly help us , the certificate is required from our excise department to close the advance license of our customer M/s. A, if yes give notification of customs/excise , so that I can show to excise department. If No, kindly give us any reference enable us to show to our customer M/s. A.

Reply is most urgent and thanks in advance.


g.parthasaradhi reddy
This Query has 4 replies

This Query has 4 replies

13 February 2015 at 13:34

Central excise compliances

sir, i am Registered with central excise recently
i want to know about what are my obligations under central excise like filing of returns etc.


Amit Valia
This Query has 4 replies

This Query has 4 replies

I have a client having a turnover of approx 35 crores in previous year 2013-14. It send gold (pure form), diamonds, stones to labourers who in turn sends the finished goods back to the assessee, who sells them in retail market. Payments made to the labourers after deducting tds. Is the assessee liable to Excise Duty

PS: the finished goods have an embossing of the brand name apart from hallmarking.





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