23 July 2013
good evening experts, we are excisable unit.OUR ECC NO. IS AAECG5092KEM001 sir we have take registration of sale as a trader from sale tax deparement . then sir we are selling our raw material as a trader which we purchase from our vendor with excise . then sir my query is that will we sell this raw material with excise duty add 12.36%.please help sir in this regard. i ask this question to my superintendent then he told me that YOU CAN DO THIS AND YOU DID NOT REQUIRE ANy DEALER REGISTRATION IN EXCISE DEPARTMENT.please please
26 July 2013
Yes you can sell under rule 3 (5) of Cenvat Credit rules. You need to mention as as such removal and the amount of duty should be equal to the duty credit availed.
CAclubindia
