I want to now that if we have excises of input of Excise
duty but not cess due the add duty on capital good can be
adjusted agst 10 % excises so can we pay only cess amount.

Answer Posted / m.srinivas rao

yes you can use/utlise the duty from capital goods & can
pay only cess if you do not have suffecient balance of
cessin yor credit

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

meaning of accessory for central excise purpose

3997


What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

1918


I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com

1467


if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??

1139


Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up

1682






What is total income?

1318


what is form requirment for monthly, quartely, and yearly sale return for haryana

1657


if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1452


If any new form open than we are able to deduct TDS on first year

1799


Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere

1797


The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.

2911


We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....

1410


Define previous year.

665


what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?

5110


sir, can you give me clarification briefly how to capitalized and which one capitalized

1632