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Applicability of excise duty

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 September 2011 a material is purchase before taking the excise number. after taking the excise number, the goods so purchased is to sell without any change i.e. as it is purchased. whether the excise duty shall be applicable on this sale or not?

U S Sharma

U S Sharma (Expert)
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13 September 2011 excise duty is applicable on "manufacture and clearance" not on sale inputs on which input credit is not availed.

Querist : Anonymous

Querist : Anonymous (Querist)

14 September 2011 there is no manufacture of goods in this case...the goods are cleared as it is as they are purchased without registration...since there is no manufacture...so whether the excise duty shall be applicable or not......if the goods are excisable...

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