Vineeth PN
16 March 2017 at 17:24

Cenvat credit of capital goods

Dear All,
Is it possible to take 100 % cenvat credit of Capital goods on Branch Transfer?


Ashutosh kumar

Dear Experts.

Please advise that If Rate of Excise duty has been made to 'NIL' by way of notification. Is it mandatory

a) to prepare Excise invoice

b) to file excise return.?


vikas pandey
10 March 2017 at 14:34

Re import

We had been exported goods 1 Years back in rebate and from which 100 percent as it is of the items to be reimported back in 158/96 NT.

Kindly confirm, all rebate amount return back to excise or not.


Manali Seth
10 March 2017 at 13:51

Respected dignitory

I have credit balance in pla account from which i have utilised certain amount for disposing off my current year excise liability and liability raised under scrutiny conducted under the Act. I dont know how to display this credit utilisation in ER-1 Plzz reply as earlier as possible.



Anonymous

Which section applicable in ER-1 for interest on wrongly cenvat credit taken and utilized – 11A or 11A[2B]?


vinay
09 March 2017 at 12:47

Er1 query

Dear sir,

In last month return we submitted return with wrong assessable values, example as per below –

Commodity A –

Assessable value – Rs. 150/-
Excise duty paid – Rs. 15/-

Commodity B –

Assessable value – Rs. 125/-
Excise duty paid – Rs. 19.37

After total It will be correct but if we check commodity-wise then it’s wrong.

Please, suggest me what can I do in the same matter ?


Jigesh Panchal
06 March 2017 at 21:42

textile industry

hii guys..one of our client having bussiness of jeans manufacturing and they have crossed t/o of Rs.1.5crs in current month... they make a invoice after discount e.g. MRP Rs.1500 less discount Rs. 600 - Rs.900 net so can anybody help me for the excise duty application and at what rate?


RUPAN MODAK
06 March 2017 at 17:04

Cost of free issue material

Dear Sir,

is Free Issue Material Received from Party is Added for Excise Duty Calculation on Assessable Value or Not ? if Added then Under Which Section ?
Example :- Rs 50000 /- ( Cost of Free issue Material Received form Party)
Assessable Value ( Excluding Cost of Free Issue Material) Rs 250000/-


Raghu Vittal Rao

Dear Sir

Our management has suddenly decided to discontinue the business operations and close the unit. We are left over with huge Cenvat credit and Service Tax input credit balances. We are planning to export the left over Inventories to different units in the world.

Query: No.1

Is there any way in central excise / Service tax to claim the refund of left over balances. If yes what is the procedure

or

Can i export the inventories under payment of duty and claim rebates??

Query No.2

We are operating from a leased premises. My landlord is insisting us to provide NOC from the concerned Central Excise office by the date of vacating.

Under Central excise is there any provision existing to obtain the same. Or how to convince / satisfy my landlord.


kana ram

Qty cleared 800000 pcs ( 20000 kgs). price Rs 10 per piece '50000. In combat account balance. assessee has failed to last dec 2016 to pay duty RS 5000 what will be the assessable value Notification applicable if any and how much maney he has pay this month with interest( rule 8)