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EXEMPTION NOTIFICATION OF CAPTIVE CONSUMPTION

Harshit Malviya (CA final student) (79 Points)

23 June 2009

PLZ TELL ME ABT EXEMPTION NOTIFICATION NO 67/95 IN RELATION TO CAPTIVE CONSUMTION UNDER WHICH CAPTIVELY CONSUMED GOODS ARE EXEMPT FROM PAYMENT OF EXCISE DUTY , THE GOODS ARE HOWEVER MARKETABLE ?

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5 Replies

A. Kiran Kumar (Manager - Indirext Taxation) (156 Points)
Replied 30 June 2009

Dear Harsh*t,

Capital Goods and inputs manufactured in a factory and used within the factory of prodution or in or in relation to the manufacture of final products are exempted from duty under the said notf. subject to the condition that your final product should be taxable.

Manoj Kumar Sinha (11 Points)
Replied 08 May 2010

A company has 4 units and finished product of a unit become Raw material of other unit. Whether unit supplying finished product will charge Excie duty from other unit or not, Please clarify.

A. Kiran Kumar (Manager - Indirext Taxation) (156 Points)
Replied 08 May 2010

Dear Mr. Manoj,

Excise Duty should be paid on clearance of the raw material (finished product of a unit) to other unit.

Mukesh H Panchal (Ex.Logistics/Excise) (21 Points)
Replied 22 September 2012

we have in exemption but we manufatcure papertubes (chp.id 48229010) we are useing in captive

consuption under 2/2008 notification sl.no.39 in this connection we are debit in our part-ii as per the

qty used in a month X Rate = Ass.vlue than duty paid 12.36%

is it correct way my question is it necessary to debit in part-2

Pl.advise

Reg

Mukesh

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 22 September 2012

Originally posted by : Mukesh H Panchal
	we have in exemption but we manufatcure papertubes (chp.id 48229010) we are useing in captive consuption under 2/2008 notification sl.no.39 in this connection we are debit in our part-ii as per the qty used in a month X Rate = Ass.vlue than duty paid 12.36% is it correct way my question is it necessary to debit in part-2 Pl.advise Reg Mukesh