Manjunath S
04 May 2017 at 15:00

Availing cenvat on capital goods

My Query is about Availing Cenvat on Capital Goods.

We purchased 6 Capital Goods in March 2017 and 3 accounted in our system in March itself. Another 3 is not accounted since bill is not reached us.

After ER-1 returns on April 10, we received another 3 pending bills and accounted for March itself since material received in March and bill date is also in March 2017. But these three bills are not reflected in ER-1 since return was already filed.

Now can we avail 100% Cenvat credit in April 2017?

Because 50% credit is already showing in SAP since accounted in MARCH 17 and another 50% is supposed to transfer now.

Please advice.

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Anonymous
17 March 2017 at 15:17

About excise registration.

Sir,

XYZ LTD. has Head Office at Chennai and branch at Hyderabad.
It has Excise Registration on the address of Chennai. Now XYZ LTD required excise reg for Hyderabad office also.
What is the procedure for Excise registration of branch office?
Shall I fill Form A-1 or Declaration Form for branch Excise Registration?

Please resolve my Query.

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keshika bansal
16 March 2017 at 23:16

Cenvat credit availment

I have purchased machinery in name of xyz but now firm is running in name of abc , xyz n abc r same firm with same proprietor n same number with same business (name of firm was change from xyz to abc)Can cenvat credit b availed by abc though machine was purchased in name of xyz?

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Gurvinder Singh
15 February 2017 at 16:09

Single registration -reg.

Dear sir

Two units, one located opposite to each other. Unit 1 is a Partnership firm registered under central excise while unit 2 is a non excisable proprietary concern which is currently a job worker for unit 1 ,doing an intermediate process for unit 1. We wants a single registration for both of them in terms of excise notification 36/2001-C.E (N.T. ) dated 26-06-2001.

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V.Marimuthu
15 February 2017 at 14:44

Cenvat credit rule-6

Dear Experts

we are manufacturing Dutiable and non-dutiable goods (Exempted) in our manufacturing plant in chennai and both the goods are manufacturing in the same premises with separate storage locations,
we are availing input credit for dutiable goods only.
we are receiving the (ISD credit and Plant Specific credit) Input credit of service tax from ISD (from HO) accordingly we are utilizing for payment of Excise Duty every month.
'' we are reversing the proportionate turnover (non-exempted and exempted) basis for ISD credit and specific credit which we are availing every month''

My doubt is:
As per new notification issued by central excise 13/2016-central Excise (N.T).Dated-01.03.2016

My understating is
the above reversal is not required because we are not availing input credit for exempted goods only availing non-exempted goods and availing input service tax (ISD and specific credit) received from ISD (HO mumbai).

Kindly clarify the new notification no.13/2016-C.E (N.T) Dated 01.March,2016.



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jyosna kaklotar

As trader can do registration with excise and can charge excise duty and set off of inputs

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Kshitij Chitransh

SSP exemption is claimed then cenvat credit is not allowed. true or false? why? small scale industry can take cenvat credit on capital goods entirely in first year? true or false? why? i am IPCC student.

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uttam
07 January 2017 at 13:14

er3 return for ssi unit

Hello Experts, In ER3 excel utility there is option of mentioning Quantity cleared...means sales..but no option of captive consumtion like a item having 0 opening stock 300manufactured and 200consumued 50sold 50closing balance..how we will show in return ER3 thanx in advance

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CA Nipun Goyal
08 December 2016 at 23:14

Regarding SSI Exemption under Excise

Can an LLP get the exemption under E/N 8/2003 by using the brand name which is registered in the name of one of the partners of LLP?

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rahul
26 October 2016 at 17:24

which form required

which form required to second stage dealer for excise return

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