PLEASE HELP ME IN GIVING CENTRAL EXCISE NOTIFICATION REFERENCE GIVING DETAIL THEREIN ABOUT SALEABLE SCRAP ON WHICH EXCISE IS APPLICABLE WHILE SELLING

hi every one can anyone provide me audit checklist of manufacturing concern,its urgent, my email id is caharipatidar@gmail.com

thanks & Regds,
Hari Patidar

CAN WE TAKE EXCISE INPUT CREDIT IF WE HAVE DONE CONSTRUCTION AND PAID EXCISE DUTY

Dear CAs,

We are in the brown field project. Till last month project was on but due to some reasons the project is kept on hold and may be scrapped if not started in next few months.

During the execution of the project we purchased capital goods and raw matarial for construction of capital goods. As on date these are not ready for use for the reason stated above. But we have taken cenvat benefit on the items/material purchsed. Now my quary is-

a) Whatever Cenvat utilised holds good or we need to reverse the same as project is going to close.

OR

b) We may continue to take the Cenvat as taken previously.

Please give your views on the above.

Regards
Manoj

We power generation company, power exempted good, hence not taken excise registration.

we are selling scrap generated during fabrication and erection of power plant.

Is it excisable, liable to pay excise duty?

I know, that we have to pay excise duty on scrap sales in mfg. company. But here...

Please clarify sir...

i am a sub contractor planning to enter contract with main contractor can i get excise benefit in respect of material purchased in respect of nhai project wholly funded by govt of india

Dear All,

I am manufacturer and constructing a buliding for manufacture. I want to know whether i can claim any vat and excise paid on the biil paid for supply of material used for construction of buliding.

Dear all

we are the manufacturer and we export to american party but our material is rejected by the party (american) now what is the procedure about taxation.

1) when party return the material at that time the import invoice is is received
2) can we take credit on this invoice


Please

Tell me what should i do

Can any of the esteemed experts assure me by a provision(section,judgement.trade circular etc) backing that installation of modular kitchen at client site would be covered under provisions of wct or not.

please mention citations,sections etc for further reference

thanks in advance

AYUSH WADHWA

Co issues supplementary invoices for which it is liable under sec 11AB.As per said sec interest will be payable till the date of payment of duty on supplementary invoice.

Company pays the duty on supplementary invoices within due date however postpones the liability of interest on the same, which it pays at the end of the year.

Is there any time limit within which such interest needs to be paid? Is there any implication such as penalty or confiscation for non payment of interest within time limit applicable if any?