HI ALL

CAN ANYONE GIVE ME FORMAT OF RG 23A-I

Whether preferential recovery of statutory dues in case of loss making company is correct.
For e.g.:-
A company has made loss in any particular year. They have deposited excise duty @ Rs. 200 pt. in advance.

Cost of Production Rs. 800 pt
Excise Rs. 200 pt

Total Cost Rs.1000 pt

But they have recovered only Rs. 700 pt for these goods from consumers.


Therefore company has claimed refund of excise duty from Government but they have rejected company’s claim.
Contention of the company is that even they have not recovered cost of production from these goods so how can they recover Excise duty from consumers.
Whether the contention is correct or not, if your opinion is in our favour of the company then please suggest the valid grounds for this and if mentioned in law then please provide
details.

Excisable goods manufactured or produced in SEZ removed to DTA(Domestic tariff area) attracts any duty or exempted ?
so many authers talk about 100%EOU only.no boday has refferred about the SEZ.
can any one please explain in detail?

Whether the definition of capital goods under excise and VAT are similar?if differ,in what way it differs?

Hello! Friends,

Please intimate whether re-packing or re-filling of excisable goods come under central excise manufacturing.

If it comes under which rule/act/notification, please intimate.

Thanks

Ganesh

Respected Experts,

My company has two units in the same city. One is manufacturing unit and is registered under Excise & Service tax act. The Other unit is unregistered and is only exclusively doing job work of heat treatment for its first unit.(1) How can the heat treatment unit get excise duty claim on purchase of its Plant & Machinery and other process inputs received from excisable units? (2) Whether service tax is not applicable on job work invoices issued to its manufacturing unit, though exceeding the limits? What should be the best course of action.

Regards,

I would like to understand how Rounding off is to be done for Education Cess.

My understanding is that All Excise duties as well as cess amounts should be rounded off to the nearest rupee.

Suppose there is an excise invoice for items whose Assessable Value is 7320.

14% Excise duty = 1024.80 (1025 when rounded off).

Should i calculate Education Cess of 2% on 1024.80 (1024.80*2/100 = 20.496, rounded off to 20) or should i calculate Education Cess of 2% on Rounded off Excise duty of 1025 (1025*2/100 = 20.50, rounded off to 21).

I am confused what is the correct education cess that should appear in the invoice. Should it be the one calculated on the unrounded off excise duty or should it be the the one calculated on the rounded off excise duty?

What is the point of view of law regarding this? Can anyone provide any reference?

I could not locate any reference as to how the cess should be computed. If anyone can point me in the correct direction, it would be great.

Thanks in Advance.

Best regards / Vijay

Please clarify with Section or rule no

1) We need to supply our product to govt org for one project ( Expemted for Excise)
2) If we purchase raw mtrl for this project can excise duty on tht mtrl is cenvatable or not.
3)If yes under which section and what need doccumentation req.
4) If no then is it total mtrl cost need to bare by compnay.

1. Has STP units have to file ER-2 to the Central excise? (Notification No.24/2008(non-tarrif))

2. if yes, do STP units need to register with Central Excise also?

suppoese i send the exciseble goods for repair, if yes please send me a form, rules and notification.