vijayabhaskarareddy
24 November 2008 at 13:34

revised return

is it possible to file revised return in case of mistakes in previous month er1 return


maitri
24 November 2008 at 12:45

cencat credit

wether excise paid on purchase of Block item is available as credit for manufacturing unit


Amar Agarwal
22 November 2008 at 19:22

Reversal of Cenvat credit

Dear friends,
Please provide your inputs respect of reversal of Cenvat credit, availed on capital goods, at the time of retirement of asset:

Case1: Capital Asset (useful life 4 years) is retired within 1 year of its acquisition?

Case2: Capital Asset (useful life 4 years) is retired after 2 years but less than 4 years?

Case3: Capital Asset (useful life 4 years) is retired after its useful life i.e. 4 years?

As per second proviso of Rule 3(5) of Credit Rules: "Provided also that if the capital goods, on which CENVAT Credit has been taken, are removed after being used, the manufacturer or provider of output service shall pay an amount equal to the CENVAT Credit taken on the said capital goods reduced by 2.5 per cent for each quarter of a year or part thereof from the date of taking the Cenvat Credit".

What will be impact of this proviso in above mentioned cases?


Durga Prasad Garaga
20 November 2008 at 13:48

Freight Charges

Dear Sir

Please clarify Freight Charges should be mention either before excise duty or after excise duty. if any rule please tell me rule No.


Durga prasad garaga


Rashi

Company has availed cenvat credit on Machinery which manufactures exempted goods.The company has not utilised the said credit till date.

Now the company wants to export the said machinery.Can teh company export the same against DEPB. If not than can the company claim the refund of cenvat credit of machinery not utilised till date


Durga Prasad Garaga
19 November 2008 at 17:39

Invoice Preparation

Dear Sir,


Please clarify my problem " how to preparation of central excise invoice for clearance of excisable goods from a factory on payment of duty for home consumpation"under rule 11 of central excise rules"

Please send invoice format MY Mail ID accounts@rolonseals.com

Thanking Sir

Durga Prasad garaga


Prashant Kumar
16 November 2008 at 18:20

Excise duty

Dear Sir,
i am running a Steel tube cutting & threading business. I have installed a SSI unit and work of our unit is Cutting the long size pipe in stall picess (eg. 1", 2", 3", 4" .... etc.) and threaded these also. these goods are used in house for flow the water to various places eg. Kitchen, Bathroom, etc. and another pipe also produce in this unit (size 2.5 feet) which are use in agriculture. so please advise, Excise duty is applicable or not. if applicable than clear the limit of exemption. if Not applicable than please provide notification or case judgement related the same.

Please mail on the address : toyacy@rediffmail.com
Thanking you.

yours truly,

Prashant Kumar


vinod

what is the basic exemption limit for SSI manufacture of readymade garments for exise


ravi
13 November 2008 at 17:31

ct1 & ct3 difference

what is the difference between CT1 & CT3, can anyone tell me with example.


Sanjay Choudhary
13 November 2008 at 16:12

Job work under notificationno.214/86

Can a manufacturer from their unit set up under notification no.50/2003 from the state of Uttarakhand send raw material for job work under notification no.214/86?

Kindly provide us dtails in this regard.