We want to produce Dense Bituminous Macadam(DBM) that consists of mix of Stone Chips, Bitumen. It is used for road work. Bitumen is supplied by the client(Govt client) on chargeable basis and stone chips is either produced by us or procured. If DBM attracts Excise Duty ?

If a manufacturing co sells goods
does other Buyer need to deduct TDS includiong Excise duty and Other Taxes ?
I mean IN service Industry we Deduct TDS including service tax so do we need to deduct TDS Same Way ?

what is the meaning of Excise duty?why Excise duty is charged?& which % is charged on which type of goods?

An SSI unit wants not to avail full exemption upto Rs 150 lakhs under Notification no. 8/2003 and instead pay normal rate of duty with Cenvat credit benefit.

Is it required to excercise its option or is this provision now redundant? Pls advise.Thanks.

hello
WISH ALL OF U A VERY VERY
HAPPY HOLI

A Public ltd company is putting up a plant to manufacturing News print and writing printing paper.
The company has started the construction of building & installation of machinery for the purpose from may 2007.
The building has been constructed 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.

Query
can we avail 100% cenvat on machinery installing during 2007-08 for clearence of our production during 2008-09 or we can take benfit of 50% in 2008-09 and balance in the remaining period

We would also request to clarify of our entiltlment to avail cenvat credit during 2008-09 to the extent 50% or 100%

THANKS

HELLO

FACTS OF THE CASE-
A Public Ltd.co is putting up a plant to manfucaturing news paper & writing printing paper. COMPANY. has purchased a Boiler, the boiler supplier has raised bills for different components of the boiler. The co. on the advice of the boiler supplier has written a letter to the asst.Commissioner of Central Excise of his division informing him that an order has been placed for Disgn,engineering ,manufacture , supply erecation of boiler and aurcallaries at the above site
It is also informed to the Dept. that same manufacturing activity will be carried out by the Boiler Supplier at our Project site with regard to the Fabrication of the boiler componentsparts for installation of boiler . It was also informed to the Dept. that all Centeral excise formalaties and liability for the duty, if any shall rest out by boiler supplier.

The Dept. replied above letter by informing us that we shall be responsible to discharge total liability in regard to duty payable if any on on any Excisable Goods bieng manufactured in our prremises as the registration has been out by us of our premises.

subsuquently the errication of the boiler was done by the co. by its own engaged worker.

QUERY- wheather is there any Central Excise liability for Company in respect of the fabrication of the Boiler.

we would requested to provide ans with any case law / notification /circulars
on the subject.

Thanks

Dear sir,
pl.opine whether material supplied to EOU from trading unit on trading invoice shall attract excise duty or not.
pl. do substantiate your opinion if possible.
its urgent!!!!!!

I would like to clear some doubts about advance license obligation and its fulfillment.

1) Advance license obligation belongs to Unit (Where the raw material being imported) or whole company ?
2) How much is time limit to complete the obligation ?
3) Is the following case possible?

We import the raw material under advance license scheme at Unit at Gujarat and fulfill the obligation by export from Unit at Maharastra... Please note we donot trasnfer the raw material to Gujarat to Maharastra.

Please advice.

Hi sir this is with refrence of matarial supplied on excisable invoice to the customer.the actual matarial received by the customer is less than what has actually supplied by the supplier.
let me know whether customer can have full cenvat credit in case of loss of material is normal loss.

whether cenvat credit can be availed on the basis of invoices and bill of entry endorsed in favour of the party who is doing job work on the material supplied from the first party.the final product is a distinct product amounting to manufacture.