TMI BlogNew TraderX X X X Extracts X X X X X X X X Extracts X X X X ..... New Trader X X X X Extracts X X X X X X X X Extracts X X X X ..... to Chemical trading business, Specifically Solvents. I want to know about Excise duty. It is already in process. How to charge excise duty and how to forward the same etc. Your response will be hi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ghly appreciated. Thanking You, Pratik S Jadav +91 9979767043 Reply By Rajagopalan Ranganathan: The Reply: Sir, The manufacturer of the excisable goods will sell the said goods on payment of dut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y under his invoice. You take the duty paid by your supplier as credit. You register yourself as first stage dealer under rule 9 of Central Excise Rules, 2002 and then by issuing cenvatable invoices p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ass on the duty paid on excisable goods sold by you to your customer. Reply By Ganeshan Kalyani: The Reply: Sir, though RG23A / C, Part I & II is not statutory requirement anymore but Companies are ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... still maintaining it for clearity and control. Excise duty paid on purchases in a Cenvat credit which can be set of against excise duty payable. A proper accounting to establish the correct compliance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is required. Thanks. X X X X Extracts X X X X X X X X Extracts X X X X
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