sir
in what manner we can impose VAT on excisable goods it is include Excise or exclude excise.What is the treatment when we rise separate tax invoice for VAT

Central Sales Tax collected at the rate of 4 % but paid only 2 % and showing it (rest of the 2% ) in the books of accounts as "Other Receipts".

My Question is -
1. Is it a case of Additional consideration in terms of the Excise Valuation Rules ?

2. Is Excise duty paybale on the amounts showing as "Other Receipts" in the books of accounts.

Pls explain/ clerify.

Regards
Sanjay Sharma

if a manufacturer manugacture one excisable good called "A" and he also trade in one good called "B".

how a manufacture take credit of input goods as well as input services as some portion of both are use in trading of goods "B".

Respected experts ,please explain the basic points of differences.between TAX & DUTY..with suitable example [if possible]...

Jayant Singh Dwivedi

We have prepared Excise Invoice as per one of Our Customer and later on he has cancelled the Order & we have not delivered material as on today
How to cancell the already prepared Excise invoice date 19.04.08 & filled april month return.
Please help?

A large manufacturing company (A) buys nitrogen from a third party (B) and uses that nitrogen for its manufacturing purposes. ‘A’ has a captive power plant and uses Naphtha for generation of power which is used by ‘A’ for its own manufacturing purposes. Now, ‘A’ supplies a portion of this power free of cost to ‘B’ who uses this power for making Nitrogen which is sold by ‘B’ to ‘A’. Now, since A supplies this power to 'B' free of cost , B's selling price of Nitrogen to A also does not include any cost on account of power.

Now, the issue is whether A is at all required to reverse proportionate cenvat credits on Naphtha which is used for generating power that is supplied to B for making nitrogen. If there any precedences (legal decisions) resembling similar situations, please state that also. A & B are independent parties and operate at arm's length basis.

Dear sir,

I want to some information regarding Excise Duty Liability on Recover Goods. Example : One fresh raw matrial used in process which recover after complete process & it is used for next process so, excise duty liable to pay. please reply

whether cenvat credit available on material used like cement, tmt bars etc. in construction of building at factory side and can avail the service tax paid on WCT of construction that building under which rule of cenvat credit rule 2000 plz refer case law if any.

how to prepare excise reconciliation ?

An Exporter files Bonds B-1 and lift the excisable goods for export without payment of duty against CT1 / ARE1. Is it necessary than to take to goods direct to customs approved area or is is possible to store the goods in some godown and export within a peiod of 6 months?