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Whether any book is available to get clear picture of CENVAT Rules (like case Law) book?
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Sir,
Please explain the RG 23D Register. Provide me its illustrative Format. and How it is maintained. Its very very urgent
Thank you in advance
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We manufacturing Tractors for agriculture purpose as well as supplying the Tractor Parts to our customers from our Spare Parts Division situated in the same premises on one registration no. in Central Excise Department from 1st June-06 under cover the notification No. 14/2008-C.E.(N.T.), dated 1.03.08. Tractor is exempted for the payment of Excise duty and the “Parts, components and assemblies of any automobiles “are liable to pay the duty.
For the fulfillment of purpose of supplying the ‘Spare Parts of Tractor’ to the customers, we procure the material from the supplier’s in our “Spare Parts Division” those who are supplying the material to our Tractor Manufacturing Plant also and sale those parts to customer after availing the Excise duty credit paid on them through our Dealers and Stockiest after discharging the Excise duty on the basis of MRP declared under cove the above said notification and The Standards of Weight & Measures (Packaged commodity )Rules, 1977.
Most of all suppliers are discharging the Excise duty on their Transaction Value and declaring the same time on the Invoice “ Exclusively for Industrial use as raw material “ and some of them are on the MRP.
Some times we procure the material from the suppliers those who are not registered with Central Excise Department or may be they are availing the SSI exemption, means ( they not charge the duty while supplying to us).
My Query is –
1.Can we clear the parts purchased (without availing the duty credit) without charging the Excise duty to our customers? or,
2.Being deemed manufacturer ultimately we have to discharge the duty or not.
3.In case of suppliers who are discharging the duty at their end on the basis of MRP on their own, can we break the MRP label and fix our MRP?.
4.Those who are discharging the duty on transaction value at their end, are they doing the right practice or what should they do ?.
5.Is the Tractor Accessories are exempted for the payment of excise duty as per the above mentioned notification?.
OR
What is the right procedure, we can follow ?
Dear All, Experienced
Pls. Clarify, it would be great help to us.
Regards
Sanjay Sharma
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WHAT FORM F MEANS & IT IS WRITTEN ON THE PURCHASE BILL IF PURCHASE IS ON CONSIGNMENT.
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i want to know some thing about excise.can anyone help me.
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we propose to set up a unit for plated circular coin blanks. The base material for the coin would be steel on which we would do coating of alloys of copper and nickle.What would be excise duty liabilityand whether both the activity that coin making and plating would be treated separate manufacturing ?
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SSI Unit registered under Central Excise CENVAT doing Exciseable Turnover less than 100lakhs each year for past five years. Non-Exciseable Turnover of about 100 lakhs which is "AS SUCH" SALES. No payment has been made in the PLA Account.
And Now surrendered the number year ending March 2008. After 3 months the Excise Audit Call has come from the department.
Is the Excise Audit applicable in this case? Please suggest.
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whether service industry engaged in chemical port terminal can take credit of excise on steel product purchased? whatever be the answer give me the reference of notification or section so that i can refer it for my future reference
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can any one give me list of accounting entires for cenavt & PLA entires
Excise Case Laws