Dear Sir,

As per rule 19 central excise rules 2001, A Merchant -exporter has to submit the Bond if he want to procure goods from diffrent places ,which is comes under diffrent division of AC/ DC .

i just wanted to know, where Merchant Exporter has to submit the Bond & get the CT-1 . whether he has to submit with AC/DC in the supplier Juridiction or Juridiction of his Merchant Exporter.Please Clarify.

hello

A Public ltd company is putting up a plant to manufacturing News print and writing printing paper.

the co. has started the construction of building & installation of machinery for the purpose from may 2007.
The building has been constructe and the installation of the Machinery is likely to be completed by June/July 2008 only.
The company has availed Cenvat on the stenth of the Invoices of the Machinery purchased.

The Query is if we can avail 100% cenvat on machinery installing during 2007-08 for clearence of our production during 2008-.09.

We would also request to clarify of our entiltlment to avail cenvat credit during 2008-09 to the extent 50% or 100% with the help of the decided case laws or notifications or circulars

THANKS

Hello,
The company has installed 12 fixed lines (base telephones)from Bsnl,Mtnl etc. These telephones are installed at the address of the directors residences
some of these connections are taken in the name of the directors of the company.
Company has availed cenvat of service tax on these telephones bills paid by the company moreover Dept. opposed to disallow cenvat avail on the bills
1- which are not in the name of the company
2- which are in the name of the company but have the address of the residence of the directors of the company.
simmiliar sitituation arise in the case of the mobile phones which in the name of the Director and having the add. of the factory and which r in the name of the company but having the add of the residence of the director .
Moreover Company has shown the residence of director as purchase office/sale office for the purpose of convienence, being away from the main city although no rent is being paid by the company for the same to the directors.
i would request to u plz advice whether the company is eligible to avail the benifit of cenvat of service tax paid on the telephones/ mobile phones plz quote the decided case laws of any circular or notification
Thanks

I doubt whether Central Exicse duty is applicable on Ready Mix Concrete. To my knowledge there is a distinction between "Concrete Mix" and " Ready Mix Concrete. I know that concrete mix is a product manufactured under conventional method of concrete production with ISI standard 456-1978 which is produced and used at the site of construction. It is this concrete Mixture manufactured at the site of construction which is fully exempt according to notification No. 4/97 issued on 1.3.97 vide Sl.No. 51.


While Ready Mix Concrete is a product having separate tariff rate with 3824.20 under ISI's IS. 4926-1976. Ready Mix Concrete is a concrete delivered at site or into the Purchaser's vehicle in a plastic condition (unlike concrete mix which is manufactured at the site of construction and used immediately at site itself) and requiring no further treatment before being placed in the position in which it is to stay and harden. Hence it attracts duty @ 13% up to October 97 and at 8% from October 97 under heading 3824.20.

I believe it is still taxable at 8% unless it is exempted with subsequent notification which I could not get it. My assessing authority is ready to levy tax at 13% under old rate which I opposed and furnished notification no. 65/97-CE, dated 21.10.97 where duty on Ready Mix Concrete is to be taxed at 8% only.

If u could confirm that it is fully exempted kindly provide me notification copy or citation to submit the same to assessing authority.

I believe that Notification No. 4/97 dated 1.3.97 only speaks about exemption to "concrete Mix" but not " Ready Mix Concrete" If this is also exempted Kindly Advise me at the earliest so that I will be very comfortable before assessing authority.

Regards,

Dear Sir,

am working in a manufacturing Company.plastic Injuction Moulding autocomponents Parts. we are using plastic crates for storing FG and WIP parts. Excise Autorites said we should not take cenvat portion on crates. then it will be a loss for us.

please clear

Waiting for reply.

what is value added tax , how it is calculated , please explain with a short example

Hi to all

one of my client dealing in printing business of corrugated boxes, for the last few year he print plain corrugated boxes now he print the name also the their client, and now i heard an amendment that on the printing names and any matter on the corrugated boxes is under the excise net. on the plain corrugated boxes there is no excise and also SSI exemption is also available on the First 1.5 crore turnover. please clerifty that whether the assessee is liable to pay the excise on the printed corrugated boxes with starting the turnover or he can get the exemption of SSI upto rs. 1.5 crore.

from 1st april, 2008, cst rate will be 2%or 3%.

if i sale inter state goods, so what cst rate will be applicable on 01.04.2008?

Hi,
I want to know that if i have Cenvat credit in books in respect of Service Tax(12%) and Excise duty(16%) but there in no balance in EDU cess a/c (2%+1%) as credit.

now if i have Educatiuon Cess liability on sale/services, can i set off this with my above credit(Service Tax/Excise duty)

In case of 100%EOU if they are selling material in DTA, they have to pay costom duty(BCD) on such sale, can they set off this with their Cenvat credit?

pl reply

Dear all
This time our company (proprietorship firm & SSI unit) made turnover of Rs.148 lakhs in this 30 Lakhs Items are With Material Sales & remaining is the Labor Job work (party send their material and we return back the same after machining).

I wants to take excise registration looking to 2008-09 year business
confirmation from our customers. And we wants to apply for registration during Apr'08.

Now I have certain material which is remain with us and is going to dispatch in Apr.'08 after inspection of the material. This material I will sold to cusotmer with charging tax.

Now my question is if I got excise registration during May'08. then what
about the material which I sold before excise registration, weather I have to collect Excise amount from those customers OR excise will applicable after the date of Registration Certificate.

Regards

Tarun T Patel