what is the amendment in Rule 3(7)A after 1/03/2008

Hi, Kindly provide me information in detail regarding excise Duty, what it is actually ?what are the things on which it is charged?

Thanks in advane

One dealer is setting up a new unit at different place and it will only job-work at that unit ( Raw material will be provided by customer and client will use consumable and its machinery for production). Customer is situated in Maharashtra and it is an EOU. Machinery required for unit II is Imported Machinery. Now we have folloing alternatives:-
a) Get Registered as EOU: We will sale the goods to another EOU and that party will do the export. (Benefits - duty free import of machinery)

b) Apply for EPCG : (Benifits - import of machinery at concessional rate of 3%)

c)Just take regular Excise registration and not to avail any benefits [Drawbacks : We have to pay customs duty (basic & CVD) ]

Sir, please guide about the appropriate alternative that the we should take.

1) Dealer is a Pvt.Ltd. Co. engaged in producing automobile parts (both with material & on job-work basis). It sales major part of production to a EOU without levying CENVAT duty. And therefore it has CENVAT Credit balance of around Rs.12lakhs which is untilised since 2 years. And because of this fact now they are not taking credits of new machines purchased as they can at least claim depreciation on the duty for Income Tax purpose.

Whether we can claim this balance credit as refund and what procedure we should follow?

What is the final outcome of latest judgment given by the Bombay High court in regards to Sericve Tax on rented property for commercial use?

What should retailers do? Should they give undertaking or should they pay service tax as they are doing until SC decides in the matter?

All Experts.... pls. reply....

I am CA final student. I have a query about export sales made by HEOU.



1. When an Export sale is to be booked in Books of account, we have convert it in to Indian Rupee (base currency) for booking sales. As per accounting standard (AS11) we have to convert it by using exchange rate on the transaction date i.e. Bank rate.
2. According to Excise dept., we have to use exchange rate as per Government notification for calculation of excise duty.

3. If we follow point 1 & 2 sales as per excise records & sales as per books of account will be different; and at any time (e.g. during audit) excise dept. will ask to match the sales as per books of account.


Now, my questions are…



1. Is it necessary to use exchange rate as per Government notification for calculation of excise duty? If Yes, why? Because excise duty is to be paid on “transaction value” and there is no specific mention in Central Excise Act to use exchange rate as per Government notification for calculating excise duty (unlike in Customs Act, where there is specifically mention to use exchange rate as per Government notification).

2. If we have to use exchange rate as per Government notification for calculation of excise duty, how can we match the sales data as per books of account and as per excise records, as required by Excise dept.? And will they accept the argument for difference in sales.

Matang Parekh

Dear sir,

Where Excise duty exempted (in Uttrakhand,Himanchal pradesh) , to file excise return ER-1 is complsery or not,

if there is any Notification or circular please give me that no.

Please replay as soon as possible.

can assess avail credit of Exice on Closing Stock of goods Before register in c.e.Act.

Heloo sir,
iam fabrication contractor of heavy industrial equipments like stroage tanks,structures,chimmenys etc... in tamil nadu as excisable unit.

Due to place constriant in present factory, iam planning to take rental basis in different place, to fabricate and manufacture the equipments.

iam having doubt, is there any formalities or procedure to start another rental unit in different places like licence,Excise duty,Service Tax and Sales tax..

Kindly guide me about this subject,it's very highly appericiatable

please forward your valuable idea
i am going to sales our old machinery wheni am go to make sales invoice we have to deposit the Excise on it or not if yes please Guide