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New Trader

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....ew Trader<br> Query (Issue) Started By: - Pratik Jadav Dated:- 18-7-2016 Last Reply Date:- 18-7-2016 Central Excise<br>Got 2 Replies<br>Central Excise<br>Dear Sir/Madam, Regards to all. I am a new t....

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....o Chemical trading business, Specifically Solvents. I want to know about Excise duty. It is already in process. How to charge excise duty and how to forward the same etc. Your response will be hig....

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....hly appreciated. Thanking You, Pratik S Jadav +91 9979767043 Reply By Rajagopalan Ranganathan: The Reply: Sir, The manufacturer of the excisable goods will sell the said goods on payment of duty....

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.... under his invoice. You take the duty paid by your supplier as credit. You register yourself as first stage dealer under rule 9 of Central Excise Rules, 2002 and then by issuing cenvatable invoices pa....

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....ss on the duty paid on excisable goods sold by you to your customer. Reply By Ganeshan Kalyani: The Reply: Sir, though RG23A / C, Part I & II is not statutory requirement anymore but Companies are s....

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....till maintaining it for clearity and control. Excise duty paid on purchases in a Cenvat credit which can be set of against excise duty payable. A proper accounting to establish the correct compliance ....

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....is required. Thanks.<br> Discussion Forum - Knowledge Sharing ....