TMI BlogNew TraderX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir/Madam, Regards to all. I am a new 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 fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rward the same etc. Your response will be highly appreciated. Thanking You, Pratik S Jadav +91 9979767043 - Reply By Rajagopalan Ranganathan - The Reply = Sir, The manufacturer of the excisa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ble goods will sell the said goods on payment of duty 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 Excis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Rules, 2002 and then by issuing cenvatable invoices pass 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... II is not statutory requirement anymore but Companies are still maintaining it for clearity and control. Excise duty paid on purchases in a Cenvat credit which can be set of against excise duty pay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... able. A proper accounting to establish the correct compliance is required. Thanks. - New Trader - Query Started By: - Pratik Jadav Dated:- 18-7-2016 Central Excise - Got 2 Replies - Central Excise - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion 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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