We are in Automobile Industry. We are Exporting our Products to South Africa through Renault. The Shipping bill is in INR & we also receiving payment from Customer in INR. Can we avail EPCG benefit?
How to Reply of Late Late Filling of ER-1 Returns and short payment of Central excise duty to the Assistant Commissioner of Goods & Service Tax
Sirs,
Any one pls send me the format of time request for EA audit 2000.
I have received audit notice, i planed to ask time for the same to prepare documents. So, pls send the format if any one have.
Regards,
Arun
Assessee is Dairy Business, manufacturing ice cream attracting excise duty, but dealers are refusing to pay excise duty, as competitors are small dairy farm and don't come under excise duty, Assessee is paying Excise duty from own Resources and debiting to Profit & loss account, I.T.O is objecting and not allowing this as deductible expenditure as they have not collected from customers & paying as statutory in dues.
I need clarification regarding utilisation of Excise duty against service tax.
Case 1) A company buy electrical equipments, they pay excise duty on purchase of goods. They bill separately for installation of equipment and charge service tax. Can they adjust this excise duty against service tax payable?
Case 2) Same company also provide other maintenance services, on which they charge service tax. Can they adjust above excise duty against these services. Since service part in case is less, they cannot adjust more excise duty against case 1 service tax. Can they use excess excise duty unutilised against case 2?
Please clarify.
I wanted to know whether the purchaser can claim excise duty credit from a retail invoice issued. Also tell me whether it is necessary that it should be mentioned on the bill that the input credit is allowable against this bill
Epcg benefit