9911796707
TMI BlogRemoval of Scrap/Waste from factory after 17.03.2012X X X X Extracts X X X X X X X X Extracts X X X X ..... We are receiving various capital goods their components, spares accessories etc against which we are taking CENVAT credit. We are receiving different types of scrap/waste (i.e. of MS/SS/Rubber it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ems etc) from our main plant. Prior to 17.03.2012 we have paid Excise duty as per the transaction value while removing such scrap/waste from our factory under cover of Excise Invoice. Kindly suggest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... us the system to maintain the account of scrap/waste which co-relates the CENVAT credit taken to satisfy the Department that duty paid /reversed by us for removal scrap/waster after 17.03.2012 is on h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... igher side, in view of changes in Rule 3(5A) after Budget. Regards, VINAY - Reply By ANAND SHEMBEKAR - The Reply = OK I can suggest the system for the same Thanks A M SHEMB ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EKAR CELL NO. 9421187122 - Reply By Pradeep Khatri - The Reply = You would have to pay the Central Excise Duty on the waste and scrap of capital goods either on scrap value or transaction value, w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hichever is higher. - Removal of Scrap/Waste from factory after 17.03.2012 - Query Started By: - vinay wakde Dated:- 13-4-2012 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - K ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nowledge 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
|
