Duty structure.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 June 2015
MY PRODUCT NAMELY SOLAR PANELS/CELLS FALLING UNDER CHAPTER HEADING NO.85414011. THIS PRODUCT IS FULLY EXEMPTED FROM THE PAYMENT OF EXCISE DUTY OR SSI EXEMPTION UNDER NOTI.NO.08/2005 CE UPTO 1.5 CRORES.
RAMESH KUMAR VERMA
(Expert)
10 June 2015
THIS ITEM IS FULLY EXEMPTED FROM EXCISE DUTY.
Noted that Excise Duty Exemption Certificate (EDEC) shall be issued by MNRE for each Purchase Order. The proposal for EDEC may be submitted to MNRE throughempanelledChartered Engineer who shall certify the quantity with respect to the approved TotalBill of Material and also having regard to the provisions/conditions of Excise Notification No.15/2010-Central Excise dated 27th February 2010 which was amended vide Notification No.26/2012-Central Excise, dated 8th May 2012, and No.15/2014-Central Excise dated 11th July 2014, issued by Ministry of Finance (Deptt. of Revenue). In the event of any excess quantity with respect to TotalBill of Material, the empanelled Chartered Engineer shall certify the excess quantity clearly endorsing the reasons for such increase. The EDEC is to be generated online and the hard copy thereof is to be submitted, in duplicate, after duly signed in ink by the Chief Executive Officer of the project and the empanelled Chartered Engineer, to MNRE. Project Developer must enclose a copy of purchase order (PO) of the item being procured, for which the excise duty exemption certificate (EDEC) is sought.
Noted that Excise Duty Exemption Certificate (EDEC) shall be issued by MNRE for each Purchase Order. The proposal for EDEC may be submitted to MNRE throughempanelledChartered Engineer who shall certify the quantity with respect to the approved TotalBill of Material and also having regard to the provisions/conditions of Excise Notification No.15/2010-Central Excise dated 27th February 2010 which was amended vide Notification No.26/2012-Central Excise, dated 8th May 2012, and No.15/2014-Central Excise dated 11th July 2014, issued by Ministry of Finance (Deptt. of Revenue). In the event of any excess quantity with respect to TotalBill of Material, the empanelled Chartered Engineer shall certify the excess quantity clearly endorsing the reasons for such increase. The EDEC is to be generated online and the hard copy thereof is to be submitted, in duplicate, after duly signed in ink by the Chief Executive Officer of the project and the empanelled Chartered Engineer, to MNRE. Project Developer must enclose a copy of purchase order (PO) of the item being procured, for which the excise duty exemption certificate (EDEC) is sought.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
