Excise duty

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Querist : Anonymous

Querist : Anonymous (Querist)

13 November 2012 Is there any excise duty on making of grills and gates ?

CA SAYANTAN BASU

CA SAYANTAN BASU (Expert)
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14 November 2012 Dear sir ,

Excise duty is on the manufacture of movable marketable and saleable commodity ..... As per section 2(f) of the central excise act 1944 , manufacture is the process by which new product has come into being with a new function . So in thi s case the grills and gates both are movable and marketable and both have unique function so in this case it will be treated as a manufacture and grills and gates are excisable product if they are included in CETA 1985 .

So in the nut shell if grills and gates are included in CETA which i think they are included , so they are chargeable to excise duty if included in CETA 1985 ....

Querist : Anonymous

Querist : Anonymous (Querist)

14 November 2012 Sir,Thnk u for ur reply.If it is exciseble, then it also attracts sale tax..... M I Right??

CA SAYANTAN BASU

CA SAYANTAN BASU (Expert)
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15 November 2012 Dear sir ,
If it is saleable then yes .........
with regards ,
sayantan basu

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