TMI Blogmy queries related to central excise cenvat 2004X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir My query is that we are a trader not a manufacture for local sale/purchase and import and export We are registered under excise as a first stage dealer and submit the return quaterly as per rule 9 sub section 8 of cenvat credit rule 2004 My Queries that We should require two registration under central excise one for first stage dealer and second for importer ??? But now ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... our consultant tell us for mandatory registration under excise as a importer and submit the return as per notification Notification No. 09/2014 - Central Excise in which mentioned the word 1. (1) These rules may be called the CENVAT Credit (Fourth Amendment) Rules, 2014. (2) They shall come into force from the 1 st day of April, 2014. 2. In the CENVAT Credit Rules, 2004, in rule 9, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in sub-rule (8), - (a) after the words second stage dealer , the words or a registered importer shall be inserted; (b) in the proviso, after the words second stage dealer , the words or registered importer shall be inserted. So now my queries is that we require the two registration under excise as a first stage dealer and for importer also and submit the return ??? Pl resolve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the queries if possible Regards Vinit Goyal - Reply By Naveed S - The Reply = Yes sir, the advice provided by your consultant that you are required to take two registration as importer for import of goods and also as first stage dealer for procuring local goods. With effect from 01.04.2014, an importer has to register himself with Central Excise Department as first stage dealer, file q ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uarterly return and also has to maintain credit account regarding CVD and SAD paid on the imported goods and details regarding passing of such credit to his customer. - Reply By Rajagopalan Ranganathan - The Reply = Sir, In my opinion since you have already registered as 'first stage dealer' under Central Excise Act, 1944 you need not take another registration as importer. - Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By Pradeep Khatri - The Reply = Dear Vinit, Please check the Notification 08-11/C.E./2014 all dated 28-02-2014 w.e.f. 01-04-2014 in this regard. Get yourself registred as importer otherwise you won't be able to pass on the CENVAT credit. 11/2014-CENT dt. 28-02-2014 [ Eng .] [ Hindi ] Seeks to substitute Quarterly return prescribed vide Notification No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 73/2003-Central Excise(N.T.) dt 15.9.2003 by an amended Quarterly Return Form 10/2014-CENT dt. 28-02-2014 [ Eng .] [ Hindi ] Seeks to amend Form A-1 (Application for Central Excise Registration) 09/2014-CENT dt. 28-02-2014 [ Eng .] [ Hindi ] CENVAT Credit ( Fourth Amendment ) Rules, 2014 08/201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4-CENT dt. 28-02-2014 [ Eng .] [ Hindi ] Central Excise ( Amendment ) Rules, 2014 Regards, Neelam Taneja - Executive Consultant YAGAY and SUN (Management, Business and Indirect Tax Consultants) - Reply By MUKUND THAKKAR - The Reply = Dear Vinit Goyal, if you are register as first stage dealer need not require separate registration for Import ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... activity, D ept never giving two registration for one business place if dept. is issuing any body which has totally wrong. - my queries related to central excise cenvat 2004 - Query Started By: - vinit goyal Dated:- 23-1-2015 Central Excise - Got 4 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
