Is my company is eligible to file excise return ?

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 January 2012 Dear Members/Professionals.

My company is purchasing Interior Items from Ahmedabad .They Are giving invoice with 10% Excise,
2% E D cess
1% Sec.E D Cess
and 2% CST

IS my company eligible/Liable to File /Register under Excise Act .i Want Clarification ...

Thanks & Regards
Venkatesh
Accountant

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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07 January 2012 EXCISE RETURN IS MANDATORY FOR REGISTERED DEALER .

PLEASE NOTE:

Every assessee shall submit to the Superintendent of Central Excise a monthly return in proper form, of production and removal of goods and other relevant particulars, within ten days after the close of the month to which the return relates:

Provided that where an assessee is availing of the exemption under a notification based on the value of clearances in a financial year, he shall file a quarterly return in proper form, of production and removal of goods and other relevant particulars, within twenty days after the close of the quarter to which the return relates.

MORE INFO:
http://www.cbec.gov.in/excise/cx-no2-rules.htm

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

12 February 2012 Thanking You sir...

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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14 February 2012 welcome in ca club india............

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