TMI BlogReversal value of exempted goodsX X X X Extracts X X X X X X X X Extracts X X X X ..... what is the reversal value of exempted goods excise duty at the time 14% then was 10% reversed value , what is now - Reply By pradeep Khatri - The Reply = Dear Sir, From 01-04-2008 its 10% amount in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lieu of excise duty and 8% amount in lieu of service tax. You have Three options viz; - Maintain Separate Accounts, Reverse 10% and 8% as mentioned above or Inform the Range Superintendent if you wan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t to reverse the proportionate CENVAT credit as the the formula prescribed, in case of non maintenance of Separate Accounts. Regards, Pradeep Khatri, Consultant - Indirect Taxation, Yagay@in.com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By Prabhakar V - The Reply = The question is too short, without eloborating the facts. Hence, based on which no reply can be give. Please eloborate more to advise suitably. - Reply By HITEND ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RA DAVE - The Reply = export under ct-1 ,proof of export, manufacture are not responsile for sumbit the POE Range Superintendent am i right, murchant exporter fully responsible correct? - Reversal v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alue of exempted goods - Query Started By: - HITESH Dated:- 16-6-2009 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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