Excise duty applicable or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2010
Dear Sir,
My name is Vishal Momaya,I am a sole proprietor of a firm dealing in LED based Lighting.My last years turn over was just around 15Lak,Now i am about to finalize a big deal with one big company.They will give me an annual order worth valuation of 1.8CR,in this order i have to supply one light fixture to company which i will get it manufactured and assembled by some other firms. So i want to know that am i applicable to excise duty. Any one who can help me on this matter, please mail me to:- vdm.led@rediffmail.com
Any help regarding this will be appreciable.
My name is Vishal Momaya,I am a sole proprietor of a firm dealing in LED based Lighting.My last years turn over was just around 15Lak,Now i am about to finalize a big deal with one big company.They will give me an annual order worth valuation of 1.8CR,in this order i have to supply one light fixture to company which i will get it manufactured and assembled by some other firms. So i want to know that am i applicable to excise duty. Any one who can help me on this matter, please mail me to:- vdm.led@rediffmail.com
Any help regarding this will be appreciable.
23 September 2010
Persons getting goods manufactured from others own account, if he authorises actual manufacturer to pay excise duty is exempted from registration.
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