we are manufacturer of edible oil so is there any change in rate of duty and notification for spent earth?

Dear all,
our unit is availing the facility of Notification No. 29 & 30/2004 therefore exempted unit. Now we sold item to a party with excise billing. Party returned that goods. Now the ques is-
i) Can we demand the excise duty paid?
ii) Can we sold the same goods without any manufacturing to the same party at higher rate? What will be the excise procedure in this case?
Pls reply asap.

Thanks

whether cenvat credit will be available in case of electric items.

DEAR SIR

WHAT IS THE PROCEDURE FOR SUBMIT PROOF OF EXPORT AT CENTRAL EXCISE RANGE OFFICE? WHICH DOCUMENTS NEED?

THANKS

NILESH

Dear All Expert

We have lost transport copy ,can we take cenvat credit from original for buyer copy(means original bill)

Dear All,

My Company having in cenvat balance in crores in every month. The comany sale only Domestic.

my question is How to utilize the available balance (It should be increase in every month)

1)My company No Export so no rebate
2)No 100% EOU/SEZ Sale
3)100% Sale only Domestic Purpose


Regards
Yogesh
9765402179

Dear Sir/Madam


I am doing audit of a manufacturing company my query is that this company is purchasing rowmaterial on which suplier is not charging excise he is only charging CST,but the comapny is taking excise as well CST credit on this goods


I want to know whether it is correct or not?

Is there any provision that comapny can take excise credit only if suplier is charging excise on the invocie /

XYZ ltd,Lucknow purchased plastic granules valued at 116000(inclusive of taxes) for manu. plastic chairs.It availed Cenvat credit of 16000rs paid on the said input.

How do we treat the following:

Clearance to XYZ ltd's own factory at Jaipur(purchase price:70000) :Free of Cost

a)IS cenvat credit required to be reversed?Why and how much?

b)Had the clearance been of 84000rs;would ur answer been different?

Quote answers with section/rule and their details as well as Court decisions as applicable.

Dear All Expert

if Material (not finish product)out of stock is theft by someone than what is the point of view Excise and Dvat on that theft stock matter.

plz rply urgent

I have a company that takes orders in India. We have stock in the USA. We ship it from the US on receipt of money in our bank. The shipper on record is my supplier X. The invoice is raised by me Y. The consignee is the end customer Z.

The invoice is billed to Z by Y in USD and INR equivalent in the invoice. The shipping documents have X as the shipper and Z as the consignee. I do have an invoice from the supplier X to me Y in USD. There is a 4% markup in my invoice to the end customer.

Is this counted as a high sea sale ? I guess not as the sale is before its shipped out. Is there anything wrong in this transaction ? Am i allowed to do a sale prior to receiving the goods while they are in another country ? What are the tax implications ? Basically my objective is to make the end customer the importer of record.