A K Mittal & Associates
 
Welcome to A K Mittal & Associates 
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We maily deal in:

  • CENTRAL EXCISE
  • SERVICE TAX
  • CUSTOMS / FOREIGN TRADE POLICY

We provide these services on monthly/retainership or contract basis.
More details can be found by clicking the links in left panel.
 

Central Excise

 

Following are the main services included in this section:
 

  • Obtaining initial registrations
  • Filing of periodical returns and remittance of tax dues
  • Assist in compliance with procedures, availing of tax benefits, etc
  • Minimization of tax exposure, structuring business transactions
  • Rendering advice on a wide range of issues relating to excise duty implications.
  • Providing the right guidance to enable clients to make the most of excise duty concessions and relief.
  • Registration
    • Preparation of application for registration with excise department
    • New Registration/Amendment of the RC of the Unit with the Central Excise department
    • Obtaining Registration Certificate from the Excise Department
  • Maintenance of Central Excise Records
    • Form-IV register of receipt and issue of raw material;
    • CENVAT Stock Account – Inputs
    • CENVAT Stock Account – Capital Goods
    • Service Receipt and Usage Report/Register
    • Fright (Inward & outward) Payment Report
    • Requisition Slip / Issue Slip
    • Packing Slip (Production Slip)
    • Daily Stock Account of Finished Goods
    • Personal Ledger Account
    • CENVAT Credit Account – Inputs
    • CENVAT Credit Account – Capital Goods
    • CENVAT Credit Account – Input Services
    • GAR-7 Challans
    • Input movement register – Rule 4(5)(a)/Notification No.214/86
    • Capital Goods movement register – Rule 4(5)(a)
    • Challans for movement of goods under Rule 4(5)(a)/Notification No.214/86.
    • Record of inputs sent for job work outside the factory under Rule 57F(4);
    • Record of inputs received in the factory for job work;
    • Challan book under Rule 57F(4) for sending inputs or partially processed inputs for job work;
    • Challan book for sending capital goods for tests, repairs etc. under Rule 57S.
    • Proforma for records of Receipts of Duty-Paid Goods and Issue Thereof (RG-23D)
    • Production, Clearance & Duty Paid Report
    • Capital Goods Duty Balance Credit Report
    • Check the physical stock of finished goods lying at warehouse on regular basis with the books as recorded in the Daily Stock Account and report the discrepancies, if any and the stock variations.
    • Inward and outward movement of goods with all required formalities.
    • Input / output ratio and record, observation and preparation of monthly wastage (normal/abnormal) report.


Filing of periodical returns
• Revenue Statement
• Weekly return
• E-filling/e-payment of central excise duty.
• Return in form ER-1
• Return in form ER-2
• Return in form ER-3
• Return in form ER-4
• Return in form ER-5
• Return in form ER-6
• Return in form ER-7

 Export
• Duty Free Exports without claiming any export benefits
• Exports Clearance under Advance Authorization
• Exports Clearance under DEPB
• Exports Clearance under Duty Free Import Authorization
• Exports Clearance under Duty Drawback
• Export Clearance under EPCG Scheme
• Execution of Bond/Bank Guarantee for export of goods for both manufacturer and merchant exporter.
• Execution of Letter of Undertaking.
• B-1 Bond Register
• Direct Export
• Export against Form CT-1
• Export against Form CT-3
• ARE-1 Application for removable of goods for export
• ARE 3 form
• CT-3 Register
• Submission of Proof of shipment and getting the admittance of proof of shipment.
• Registration with Export Promotion Council


Refund
• Obtaining Refund/Rebate of Excise Duty
• Refund of Cenvat Credit
• Duty Draw Back:-
Brand Rate Fixation:- We provide the consultancy services and liasoning to get the Brand Rate Fixation of Export Products to Manufacturer Exporters and Merchant Exporters, from the Concerned Central Excise Commissionate.
Verification:-We can arrange the verification of Duty Draw Back application from the Concerned Excise Departments.
Realisation (Brand Rate as well as all Industry Rate of Duty Draw Back):- We can arrange for getting the Realisation Form from the Concerned Custom House or Port for the Brand Rate as well as all Industry Rate of Duty Draw Back. We can also undertake Pending Cases.

Audit:
 Independently handle all Excise Audit like Internal Audit (EA-2000), Central Excise Revenue Audit (CERA) and met all the audit queries as raised by the Audit team during the conducting Audit. Report the Audit findings clearly and concisely to the higher management by defining the areas require to improvement and recommend suitable corrections
• preparation of reply of Show-Cause/Legal queries as issued by the Central Excise and other Govt. authorities.
• Represent the company in excise and service tax hearing and handle all excise related queries and notices from the department.


Service Tax

 

We provie following services related to Service Tax:
 

  • Obtaining initial registrations
  • Filing of periodical returns and remittance of tax dues
  • E-filling/e-payment of Service tax.
  • Assistance during assessments
  • Minimization of tax exposure, structuring business transactions
  • Advisory services on the applicability and impact of service tax on business operations, including availability of credits
  • Structuring of business transactions to maximize tax efficiency
  • Litigation services involving strategy, preparation and filing of appeals and representation before the authorities
  • Review of contracts and agreements to help mitigate the overall incidence of service tax.
  • Conducting Service tax health checks in order to determine the service tax implications on client operations, gauge compliance with legal provisions and suggest tax planning opportunities.
  • Service tax on import of services & its implications.
  • Service tax on export of services & its implications.
  • Liability of service tax – for both providers and recipients.
  • Valuation and abatement.
  • Maintenance of Records

Customs/Foreign Trade Policy

 

We offer complete consultancy on policy and procedure of foreign trade. This includes advising, preparing, submission and obtaining the following benefits from the concerned regional licensing authorities:

  • Obtaining initial registration such as the Import Export (IE) Code
  • Obtaining following Authorisation:
  • Duty Exemption Schemes:- We provide our services to avail the benefits of exemption of duties under the Duty Exemption Schemes for Imports
  • EPCG Schemes:- We provide the services to obtain the Export Promotion Capital Goods (EPCG) Schemes Licences to the Manufacturer Exporters as well as Merchant Exporters for the import of capital goods on concessional custom duty as well as free custom duty.
  • DEPB - Duty Entitlement Pass Book Scheme:- Providing Liasoning and services to obtain the DEPB Licence fromConcerned Regional Licencing Authority.
  • Duty Draw Back:- Claiming of Duty Drawback under Sec. 74 & 75 of Customs Act, 1962.
  •  Brand Rate Fixation:- We provide the consultancy services and liasoning to get the Brand Rate Fixation of Export Products to Manufacturer Exporters and Merchant Exporters, from the Concerned Central Excise Commissionate.
  • Verification:-We can arrange the verification of Duty Draw Back application from the Concerned Excise Departments.
  • Realisation (Brand Rate as well as all Industry Rate of Duty Draw Back):- We can arrange for getting the Realisation Form from the Concerned Custom House or Port for the Brand Rate as well as all Industry Rate of Duty Draw Back. We can also undertake Pending Cases.