18 December 2009
I want a brief knowledge of excise law in following criteria.please give me a latest excise. 1. applicability 2. rate 3. cenvat credit 4. rules of deposit duty 5. records 6. return filing 7. entry for account treatment from initial to adjustment. 8. any other related part of excise law.
18 December 2009
(1)Applicability:Exciseable Goods Manufacturing. (2) Rate:as per tarriff rate (3)Cenvat Credit avail and utilised in final product removal. (4)Deposit:Every Month on 5th (5)RG-1 and cenvat record like RG-23-A&C PART-1/II (6)Return File every month 10 th (7)yes (8)every yr excise interal audit also conduct by excise dept.