is it possible to file revised return in case of mistakes in previous month er1 return
wether excise paid on purchase of Block item is available as credit for manufacturing unit
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?
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
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
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
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
what is the basic exemption limit for SSI manufacture of readymade garments for exise
what is the difference between CT1 & CT3, can anyone tell me with example.
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.
revised return