Excise Querry

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Tarun (Querist)
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31 March 2008 Dear all
This time our company (proprietorship firm & SSI unit) made turnover of Rs.148 lakhs in this 30 Lakhs Items are With Material Sales & remaining is the Labor Job work (party send their material and we return back the same after machining).

I wants to take excise registration looking to 2008-09 year business
confirmation from our customers. And we wants to apply for registration during Apr'08.

Now I have certain material which is remain with us and is going to dispatch in Apr.'08 after inspection of the material. This material I will sold to cusotmer with charging tax.

Now my question is if I got excise registration during May'08. then what
about the material which I sold before excise registration, weather I have to collect Excise amount from those customers OR excise will applicable after the date of Registration Certificate.

Regards

Tarun T Patel

CH.LN.Sastry,MCom, LLB, M.Phil

CH.LN.Sastry,MCom, LLB, M.Phil (Expert)
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23 September 2009 Excise duty applicable after the registration. But if you collect the excise duty you have to pay the same to the dept. Parties can take Cenvat Credit against your Invoice.