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New Trader

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..... New Trader
Query (Issue) Started By: - Pratik Jadav Dated:- 18-7-2016 Last Reply Date:- 18-7-2016 Central Excise
Got 2 Replies
Central Excise
Dear Sir/Madam, Regards to all. I am a new .....

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..... 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 .....

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..... 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 .....

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..... 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 .....

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..... 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 .....

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..... 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 .....

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..... is required. Thanks.
Discussion Forum - Knowledge Sharing .....

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