Sir,

Recently we had to alter the MOULDS & ITS BOX for casting a new product since its design was different from our previous product.

In the process we had to incurr expenditure on STEEL, LABOUR & CONSUMABLES (viz.WELDING RODS) for ALTERATION / MODIFICATION of the MOULDS & ITS BOX.

Can we claim the the cenvat benefit on the expenses since ALTERATION / MODIFICATION has been done on the MOULDS & ITS BOX for producing the final product.

Kindly refer the section(s) under which the same can be claimed.

Early response in the matter would be highly appreciated.

Thanks & Regards,

During audit of a concern it was found that company did not charged duty on sale of waste for 3 months and then in 4th month they debited the total duty in RG-23A without any interest.

Please clarify whether interest will be applicable in such case or not. &

if yes what will be the rate of interest.

Hello Expert

The company is liable to tax based on MRP valuation ie under 4a.... the doubt was can the company offset the service tax credit given under rent with the excise liability under 4a valuation.... The same can be done under 4 ...but 4a ?

company is not registered under service tax
Regards


Surya

Please help me above query

recently Amended Excise duty 10% to 12% in March 17th now we have some problem in filing ER-1 return same product Assessable Value and Cenvat how to mention

please clear my doubt

thanking you,
N.Ram Mohan
Accounts officer

My Client is a manufacturing company. He used to export material under Rule 19 of Excise Rules under undertaking. ARE-1 is made & submitted to Excise department. Then Proof of export is submitted in due course.
In case of FOC export (some samples & testing purpose) I advised to pay duty & then export. Since duty was paid, normal domestic clearence invoice is made & ARE-1 is not made & nor we inform anything to Excise department.
But same material has been held at port & superintendent of customs is saying ARE-1 is must. Pls clarify

Company has to transfer one of the machine from one factory unit to other factory.

I would like to know the excise implication on the above transaction..

Thank you.

Hi Experts,

I want to ask a Query

Can you tell me Whether Manufacture of Gold Coins from Gold bars is excisable or not??

And is there any case of Service Tax in this case???

one of my client having a business of cutting polishing and processing of granite marbles has a turnover below the limit as specified under excise laws.
he has purchased a machinery of Rs.20lakhs .
however he has registered himself under excise
can he claim the cenvat credit on prchase of the said capital goods ??
and will that cenvat credit be carried forward ??
pls help as soon as possible ..
thankig you in advance

Are ER 6 and ER 4 compelsary to fill for Every Assessee?

Sir,
We are the manufacturer of PAPER BAGS (Tariff Heading 48193000, 48194000). But, We have purchased some Cotton Cloth and sent it for job work for Cotton Bag Making. And sold the cotton bags to our customer.

Please advise me that will the above sale are including or Excluding the exemption limit of 1.50 crore.

(Cotton bags sale is about 10 Lacs. included in our Sale of Rs. 1.40 Crore)