Hi,

Is there limit of applicablity of excise payment for any
orgnization...??
what is date of excise payment..??
Excise return date & what procedure & how to take benifit
availing service tax in excise return..?
What form reuire for Excise Return..??



Hi, Is there limit of applicablity of excise payment for any orgnization...?? what is date of ..

Answer / gulzar singh

an excies tax is a type of tax charges on googs produced
with in the countery. It is a tax on production or sale of
Goods this tax is known as the central valuadded tax (
Cenvet)

this tax is paid by every manufacture on his production.
( except Exempted goods)

The payment date for excise tax is 5th of every following
month.( challan GAR-7 used for payment)

and the excise return date is 10th of every following month.
(except SSI)

Form 1- monthly return used by Large Unites.
Form 2- monthly return used By Export oriented units.
Form 3- Quarterly return used by SSI.
Form 4- for anual return.

We can clain only input excise tax against Output excise
tax. i.e. Excise Tax = out put excise - input excise

Rate of Excise tax is change Product to Product.
But it is on most of the product is ( 12.36%) 12%+2%+1%

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