banner_ad

10/97

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 July 2015 Dear sir,

we are despatching material to research instution which provide us 10/97 Duty Exemptiom Certificate


so please claer excise amount showing in invoice or not

excise Duty Rate for reverse in our RG23partII

and any other rule so pleae provide us


kailash garg 9845880630
Profile Image

RAMESH KUMAR VERMA

Profile Image

RAMESH KUMAR VERMA (Expert)
01 August 2015 Kailash Ji,

Refer to custom Notification No.28 dtd 1st october, 2013

The Manufacturer produce at the time of clearance , a certificate from the head of the institution in the each case, certifying the said goods are required for

"research only"

and

the aggregate value of the prototypes received by an institution does not exceed 50 thousands rupees in a financial year.

in view of above"you have to maintain separate records and your are not eligible to avail credit on inputs used in exempted final goods. Other wise you have to pay 6% on assessable value.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details