Excise in E-1 Transaction

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..... Respected All, Point 1 :- If am in Gujarat and I made the purchase from Rajasthan and consignee at UP. I made the E-1Transction. Pls. advise for Excise duty, whether I should take the Credit or consignee direct take the credit. Point 2:- if am in Gujarat and I made the purchase from Rajasthan and material come to my plant at Silva .....

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..... ssa and then we transfer the material to UP, I am manufacturer. Pls. advise for Excise duty, whether should I tack the input credit and charge the output Excise OR I simply pass the same Excise duty to UP. Thank you - Reply By Himansu Sha - The Reply = What is E-1 transaction? Please clarify Point-1- If consignee at UP and the invoice is made accordingly , the credit can be t .....

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..... aken by the consignee point-2- For taking credit, the goods should reach in your premises and the details as mentioned in the Rule 9 of CCR 04 and Rule 11 of CEX Rules , should be available in the invoice The credit will be reversed if the raw materials are cleared as such. - Reply By Sarjeet Rajani - The Reply = OK Thank you so much for such detail explanation - Excise in E-1 .....

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..... Transaction - Query Started By: - Sarjeet Rajani Dated:- 16-5-2017 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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