Dear all

We are an unlisted public company and engaged in manufacturing of power and telecommunication equipments .In April 2007 we convert a part of DTA unit in to an 100% EOU unit and transferred few capital goods like testing equipments and generator sets etc from DTA unit to EOU unit without cenvat credit reversal, actually at the time of transfer of CG we already utilized cenvat credit in our DTA unit

Now our question is
1) Whether we have to reverse the duty amount from DTA unit with interest
2) If yes, can we take cenvat credit in EOU unit
3) Or , at the time of debounding of EOU

Kindly reply with book or court case reference

Thanks

Mohd.Hamid

Dear all

We are an unlisted public company and engaged in manufacturing of power and telecommunication equipments .In April 2007 we convert a part of DTA unit in to an 100% EOU unit and transferred few capital goods like testing equipments and generator sets etc from DTA unit to EOU unit without cenvat credit reversal, actually at the time of transfer of CG we already utilized cenvat credit in our DTA unit

Now our question is
1) Whether we have to reverse the duty amount from DTA unit with interest
2) If yes, can we take cenvat credit in EOU unit
3) Or , at the time of debounding of EOU

Kindly reply with book or court case reference

Thanks

Mohd.Hamid

dear expert,

can u tell me whether finished product produced by RMC ( plant that r used in construction work for preparing of concrete by using Cement, sand,concret, water) is excisable product,
if yes then what is the rate of tax.

Dear

Any one can send me the excel formats of registers applicable to manufacturing firm.

my mail id is rohitboraniya@yahoo.com, rohitboraniya@gmail.com

Also i want to know about formalities required in excise like payment of excise duty, cenvat credit, returns, and periods of payment & returns etc.

Thanks
Rohit Boraniya

We want to take cenvat credit of service tax which we have paid in cash on input services taken by us in the month of July 07 ,Aug 07 ,Sept 07 ,Oct 07, Nov 07,Dec 07, Jan 08, Feb 08,Mar 08.

Can we Claim cenvat credit for above months on 1st April 2008 & utilise the same against excise duty payable on manufacturing of goods.

If yes can we take of all the months mention above or from which month we can take

I am From Chennai & am Into Mechanical Construction & fabrication.

One of our client wants give us an export job (Australia)& a deemed export (Rajasthan). We want to avail the excise exemption for input material, steel & electrode as well as for the manufacture at our works, which is a ssi unit.
what are the procedures?
what are the forms to filled?
what is cenvat?
is it necessary that the work order value has to be paid in dollars only or it can be in indian rupee?
Client is an indian company .work order will be issued from india.

Sir,

We have paid service tax on input services & claim cenvat credit against renting of immovable property.

But Service tax dept. has taken objection and told us to pay service tax in cash.

So we have paid service tax of the amount of cenvat credit through cheque.

Now my question is that

The cenvat credit which we have earlier claim in the month of July, Aug, Sept, Oct, Nov, Dec, Jan, Feb, Mar can adjust against the payment of excise duty on manufacturing of excisable goods , on 1st april 2008.

Sir,

What is method of Calculation of MODVAT.Because when we purchase then pay MODVAT. if we take credit so how we will calculate the MODVATE.

THANKS IN ADVANCE

Respected Sir,

First Thanks for all reply of my query and Good Morning. These are my following queries regarding Excise:

1) Due Dates of EXcise Duty and by which form excise is deposited.

2) Due Dates of Excise return and by which form Excise Return filed

3) What is P/L Account in Excise.

This is urgent.

Thanks in advance, sir

Amit Kumar Roy

Our company are manufacturers of only rubber products which are sold to auto companies. Our company is getting tools and moulds made by other parties. The tools are not in the company premises.

One of Our sale party is giving us the tools cost separately.But the company is asking for an excise tax invoice without charging the excise. The sales party has given a notification of exemption of excise along with the purchase order.

We are not the trader so can we sell any other product ie tool cost?

Can we issue a excise tax invoice against the tool cost without charging excise?

If yes, whether it is valid to issue the invoice as the tools are not in company premises?

Whether it will raise any objection from excise department while excise inspection?