suppose I purchase goods for RS.50 lac and pay excise duty of RS.625000. Goods of value of RS.10 lac are still in my factory. then whether I can take CR. of RS.625000 or RS.500000. whether the answer will remain same I'm vat. Also tell me what is one to one correlation Plz reply plz reply .

Hi,
I saw a query answered here stating that we can add port as branch while applying for IE code. (Thank god I found it, or it would have taken time & effort to modification... info is scarce online, when it comes to IE code)
I can see add branch but how to fill all the address details for port...
Kindly help me in this regard

Hello,

Please help to understand the assessable value. in following 2 scenario.

1. Under 1.5cr Limit (Excise is not charged )
Material Value: 50000 (includes excise amount)
VAT: 2500
Total (502500)

2. Once 1.5Cr Limit is crossed
Material Value (40000) (Excise amount is not include)
Excise value (10000) (Excise amount, taken round figure )
VAT 2500
Total 502500.

When I will file the ruturn in both scenario what value I will fill in the assessable value part.

whether the manufacture and sale of the specified goods that do not physically bear a brand name , from sale outlets, would disentitle the assessee from benefit of SSI exemption?

Is there any provision regarding 100℅ cenvat credit on Capital goods below 10000 per PC in the current year??

Dear Experts
A registered first stage dealer who registered a premises under excise wants to rent a new additional godown too. what formalities need to be done under Excise. Company is having IEC code too.

in central excise rules 2002, if duty paid input is used for duty free export. what is rebate treatment of rule 18 and rule 19, whether they can b used simultaneously?

what is the validity of LUT ?

How assessable value is determined when sale is made to related person then further sale is made to related person and afterwards its sold to unrelated person. Where 110 of COP is not applicable. If possible explan with an example.

Penalty under rule 8 of central excise rules , 2002 and penalty under section 11AC under CEA 1994, can these two co- exist?