I purchase goods from my creditors. I am a manufacturing company. I am a person registered under the TNVAT Act.The break up of my creditors bill is as follows.

(1)Basic amount xxx
(2)Excise Duty xxx
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(3)VAT on (1)+(2) xxx
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Total amount payable xxxx
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I take the excise duty charged on my bill for Input Credit. I also take the VAT on my bill for Input Credit. Now is there any violation in this case because I am taking credit for excise duty and also for VAT which is calculated inclusive of the excise duty for which credit has already been availed.Whether the vat amount should be calculated only on gross amount excluding excise amount or can that be calculated on the sum of both these amount.Please validate the answers with any section,circular or case laws.

I am working in a handtools manufacturing company which comes under the Engineering units heaading.

We purchase raw material from the domestic market and pay excise duty on it.

Now, can we want to sell some of our raw material as it is ( without any processing)in the domestic market.

Can we sell it.

Where can i find the related provisions in the Excise Act 1944.

we Unit of a limited company import goods & cleared the same from custom in our registered office name & address on the same how we can avail the CENVAT Credit. Please explain the procedure in details.

hello sir\madam
FACT MY company is purchasing the parts of Boiler FROM THE MANUFACTURER to install the boiler in the factory(PAPER& DUPLEX BOARD) moreover excise dept. has just issued a notice to us for the confirmation that we r PAYING the excise or not on the Boiler

my query is that wheather we r required to pay the excise duty on the boiler or not bcoz we installing the boiler bcoz it is not possible to purchase the redymade boiler if there is any notification \circular or exemption plz quote it or any legal evidance or judjment plz tell me

thanks
byee

X co. deals in nonexcisable goods eg. paint booth which requires conveyor belt for working. this conveyor belt is directly dispatched to customer of X co.& bill (inclu of excise duty)is seperately raised in name of that customer by the supplier of conveyor belt (on bill it is mentioned that it is in care of X co). X co. doest not mention exicse duty in its invoice

Whether that customer will get CENVAT credit for such conveyor belt? and as per which rule or section?

from where can I get the material regarding this if i have to give proof to my client

Kindly advise :

My client a construction firm have placed purchase order for importing goods, for the same the CENVAT benefit is to be availed by their principal employer a govt entity.
1. Whether BOE can be endorsed by my client if the same is addressed to them and passed on to principal employer for availing CVD.
2. Whether the BOE can be addressed in my clients name on account principal employer for them to get CVD.
3. If both the above is not possible, then other procedure wherein my client will not incur any further cost.
In above case my client is bearing all taxes and duties and not registered with Central Excise, so without any further cost implication how the CVD can be passed on to principal employer.

If BRC is not issued by the bank, what will be RBI Guidelines?

What is the detailed procedure to claim rebate or issue bond by a merchant exporter e.g Forms required,formalities,fees etc.

What is the abbreviation of "CESS" (Hr.CESS) in Central Excise?

We have imported some capital goods. I would like to know whether additional duty(4%) paid, 100% credit available in same financial year or 50%.

Please clarify soon.