My Client is into printing business. It procures paper rolls and ink from market. And based on requirement of its customer it print bills, contract form, mark sheet, fixed deposit receipt,receipts issued by medical insurance companies etc. on continuous stationery. Its customers are middleman who procures order from various companies and in turn give to my client. Whether client's business will attract excise duty.
29 December 2011
yes, see chapter 48 for your item details, certain items may be exempted with condition, but mot of the paper manufactured items are liable to excise duty.
CAclubindia
