FMS Scheme

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..... Dear Experts, As per the notification no. 30/2012-Central Excise Tariff , we understand that we can procure the excisable goods from the domestic market without payment of Excise duty by using the .....

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..... Focus Market scheme duty credit scrip but, there is a confusion about the utilization of the said FMS for the Excise duty payment on finish goods. In other words, can we adjust our Excise duty liabili .....

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..... ty on final product against the said FMS rather tan paying the said excise duty by cash or by cenvat credit if the case is like this then what would be the mechanism to utilize the FMS as there is n .....

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..... o change in the form ER-1 yet to taking the effect of this notification?. pls. provide your experts advise in this. Regards Sanjay Sharma - Reply By Pradeep Khatri - The Reply = Yes you can av .....

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..... ail the Drawback or CENVAT credit but there is no change in the ER-1 form . - FMS Scheme - Query Started By: - Sanjay Sharma Dated:- 1-8-2012 Central Excise - Got 1 Reply - Central Excise - Discus .....

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..... sion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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