Sreekumar
31 October 2014 at 13:44

Self-sealing of export consignments

Dear experts.

Is sealing of export consignments (wired with lead seal and pressed with pliers) is mandatory by exporter himself or central excise officer OR

Consignments can be presented with ARE-1 without putting wire with lead seal and pressed with pliers, so that customs officer at port can do 100% physical examination of the consignments and allow the exports (treated as sealing done by customs officer).

Awaiting your expert reply with relevant circular or notification reference.

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Harsha
14 October 2014 at 15:01

Excise calculation on mrp products

Dear All,
I require clarity on this transaction as to what rate should be considered for excise,

Order Date 25-jan-2014,MRP on order date - 250
Invoice date 30-jan-2014, MRP on invoice date - 300
On what price should the excise be calculated 250 or 300.
(MRP product, 30% abatement)
Thank you.

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Anonymous
27 September 2014 at 13:08

Returnable challan

What is returnable challan? Under what circumstances we used this challan.

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Ashish Ku Pradhan
11 September 2014 at 16:21

Ssi exemption

If A SSI cross the limit of Rs400 lakhs this year, and further it goes below the limit of Rs400 lakhs in the next year.
THEN
Does this SSI get SSI benifit in the subsequent years?

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NIKHITHA
10 September 2014 at 18:18

Tax

Can anyone please explain me what's the reason for making this provision (upto 50%of cenvat credit on capital goods only should be set off against tax payable in first year of purchase of capital goods)

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Anonymous

Hello Sir,

please let me know whether frames when fitted with lenses as per customer requirement(both frames and lenses are traded item)will fall under excise in eye ware industry

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Anonymous
30 August 2014 at 14:18

Document require

Dear Sir,

please inform about document require to send credit availed inputs material for replacement/repairing on returnable gate pass/returnable challan to the supplier.

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Rajesh Chowdhary
22 August 2014 at 10:08

Form er-6

what is Excise Form ER-6 and how to maintained it.

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CA Sai Kumar

If we have common inputs which would be used in dutiable and exempted goods, and the proportion of usage of inputs in dutiable goods is 75-80%, but separate storage location & books could not be maintained for exempted goods, can we avail cenvat credit pertaining to usage in dutiable goods (we only know what is the quantity issued to exempted goods with out any batch wise control).

Also would like to know whether maintaining track in ERP system for receipt and issues mean separate records?

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RAJNISH
15 August 2014 at 12:16

What is er-6 return

DEAR SIR,
WE HAVE OPERATING MANUFACTURING UNIT,OUR TURNOVER IS FIVE CRORE.WE FILED ONLY ER--1.RETURN MONTHLY ONLY.WE HAVE NOT FILED ER-6 RETURN ANY YEAR LONG TIME,PLEASE ADVICE ME WHAT IS ER-6 RETURN.IS IT MANDATORY.

PLEASE ADVICE ME IS ANY OTHER RETURN FILE TO EXCISE DEPTT.EXCEPT ER-1 RETURN.

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