procedure to get Raw Material free of excise duty under
Central Excise Act,
- 1 Answers
- 2027 Views
- I also Faced
- E-Mail Answers
Answer / Ajay Kumar Jain
The procedure to obtain raw materials free of excise duty under the Central Excise Act involves applying for and obtaining an exemption or concession from the Central Board of Indirect Taxes and Customs (CBIC). Here's a general outline of the process:
1. Identify the raw material eligible for duty exemption as per the Central Excise Rules. Typically, raw materials used in the manufacturing of exempted goods or services are considered for duty exemption.
2. Submit an application form (Form 4) along with supporting documents to the Superintendent of Central Excise (SCE). The application should clearly specify the raw material and its quantity required to be exempted from excise duty.
3. After verification, the SCE will issue a notice of sanction or rejection. If approved, you'll receive an exemption order.
4. Maintain proper records and ensure compliance with the conditions outlined in the exemption order.
| Is This Answer Correct ? | 0 Yes | 0 No |
Which form we use for depositing VAT?
i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.
I want know about the type of taxes? Why a company charged lesser tax against the 'C'form. what is th role of 'C' form and what is the custome duty and percentage of custome duty?
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
The limit of cash payment made towards frieght when parties given pan cards and truck number
1> how can calculate tax for provide service? 2> how can calculate vat for selling product?
Ir we have bill for CST 2% we made entry 12.5% by mistake then what is solutin for C-form
what is the difference between CST, VAT, SALES TAX, EXCISE DUTY, CUSTOMS DUTY
15 Answers Bhushan Power Steel, Chill Land, ITC Infotech, Valeo Lighting Systems India Private Limited,
WHICH CACULATION NEED FOR EXCISE DUTY FILLING & RETURN SUBITTED TO GOVERMENT?
What is the Tax Deduction at Source for the year 2008-09 ?
I Need Full details about calculating value added tax ?
when Form-16 and Form-11 issued? what is difference in these two?
Audit 
