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CA Anand Sarda
This Query has 1 replies

This Query has 1 replies

Q.1) A 100 % EOU has to mandatory file monthly return even if they donot have DTA Clearances?
and what is the provision for other assesses? Do they need to file mandatory monthly/Qtrly
return if they donot have any clearances?


Shyamjith
This Query has 2 replies

This Query has 2 replies

18 June 2008 at 15:26

Applicability of duty central excise

is Central Excise applicable to manufactures of Branded shoes...
From where can i get the list of items comming under excise duty....


Shyamjith
This Query has 1 replies

This Query has 1 replies

18 June 2008 at 15:23

Criteria for duty draw back facility

Sir

Is Registeration under Central excise required for availing duty drawback.

Can exporting company Claim duty drawback if they are not manufactures...

what are the section or circulars related to it..


CA Abhash
This Query has 1 replies

This Query has 1 replies

18 June 2008 at 10:41

cost of gunny bags

whether the cost of gunny bags used to store & sell the manufactured sugar can be included in the cost for the valuation of finished goods.

and secondly, whether the excise duty paid on the gunny bags can be availed as cenvat credit. a case supporting the availment of cenvat will help me, as at present excise authorities has denied the cenvat on the same


Atish Singhal
This Query has 1 replies

This Query has 1 replies

18 June 2008 at 10:36

Treatment of dicount

There is cash discount given by the Party in Purchase Invoice after charging Excise Duty @ 16.48%, in Excise invoice.
Then on the remaining amount CST @ 3% is charged.
Is this the Correct Treatment?
Also what should be the treatment in Commercial Invoice?

Please help me on this matter.


CA.Krishna
This Query has 2 replies

This Query has 2 replies

16 June 2008 at 15:35

filing of first ER 1

I have registred under central excise before 2 months. But no production is started yet. I started purchasing Machineries from this month. When should I file start filing ER 1 ? Is there any penalty for not filing yet?


P.Saravanan
This Query has 2 replies

This Query has 2 replies

16 June 2008 at 12:59

Excise -Cenvat credit

1. Excise duty before the registration is it allowed to take cenvat credit ?

2.can you please provide me the excel formats
of RG 1, RG 23part1 & part II

3. if the company is having the enough cenvat credit is it necessary to maintain a PLA?

4. Excise duty on the spare parts purchased for the maintenance of machinery, is it eligible for cenvat credit under input or in capital goods?

Yours


P.Saravanan
This Query has 2 replies

This Query has 2 replies

15 June 2008 at 18:10

Cenvat Credit on Capital Goods

Dear Friends,

Please clarify the following .

1. For availing Cenvat Credit on capital goods is it to be started from the date of invoice/ date on which asset put it into use?

2 For the capital goods act says the credit can be set two years. If I purchase a capital item in the month of March can I eligible to get a credit 50 % in the March and remaining in the April


P.Saravanan
This Query has 1 replies

This Query has 1 replies

15 June 2008 at 18:09

Cenvat Credit on Capital Goods

Dear Friends,

Please clarify the following .

1. For availing Cenvat Credit on capital goods is it to be started from the date of invoice/ date on which asset put it into use?

2 For the capital goods act says the credit can be set two years. If I purchase a capital item in the month of March can I eligible to get a credit 50 % in the March and remaining in the April


CA Anand Sarda
This Query has 1 replies

This Query has 1 replies

14 June 2008 at 20:59

Multiple Questions

Q.1) How does a FSD & SSD pass on the Excise Duty Credit?
A FSD recieved a bill fo Rs 5000+700(ED) & when he sells, how much excise duty he
should pass to further buyer( Sale Price of FSD is Rs.6000) ?


Q.2) Applicability of CCR,2004 to various parts of India in relation to Input, Capital Goods,
& Input Service? Example?

Q.3) After GUjrat Ambuja Cements Ltd Case, Can we take the cenvat credit of service tax paid on
transportation services from place of removal to the buyers premises? and If no, then Why??

Q.4) Khandelwal Case in relation to Cenvat Credit?

Q.5) As per Rule 11 of CCR,2004 (inserted in FA,2007) Reversal of credit taken on inputs, which
are still lying in the stock, or in process or in final product lying in the stock, when final product
becomes exempt from duty subsequently.,, The amount remained in cenvat credit a/c. after reversing
the said amount shall lapse? IS this True.??