Exempiton in case of capital goods
This query is : Resolved
24 August 2012
hello friends,
one of my client want to purchase a machinery
for manufacture of agriculture products (like Mashrooms, etc). Is there any exemption from excise duty in case he purchase a machinery for the purpose of agriculture.
Kindly answer my query asap and plz suggest me from where i can read the provisions regarding this matter.
one of my client want to purchase a machinery
for manufacture of agriculture products (like Mashrooms, etc). Is there any exemption from excise duty in case he purchase a machinery for the purpose of agriculture.
Kindly answer my query asap and plz suggest me from where i can read the provisions regarding this matter.
24 August 2012
please put following address it may help you
docs.google.com/viewer?a=v&q=cache:7ckHiwL2SoQJ:www.cbec.gov.in/ub1213/ce12-2012.pdf+machinery+Purchased+for+agricultural+product+purpose+vs+excise&hl=en&gl=in&pid=bl&srcid=ADGEESi69z-
docs.google.com/viewer?a=v&q=cache:7ckHiwL2SoQJ:www.cbec.gov.in/ub1213/ce12-2012.pdf+machinery+Purchased+for+agricultural+product+purpose+vs+excise&hl=en&gl=in&pid=bl&srcid=ADGEESi69z-
Message likes :
1 times
24 August 2012
sir m not able to copy it... can u plz mail it on rohi.kathal@gmail.com
24 August 2012
sir m not able to copy it... can u plz mail it on rohi.kathal@gmail.com
26 August 2012
There is no provision that you can buy the capital goods for manufacturing for exempted goods without payment of excise duty.
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
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 1: Details for showing Exempt Income
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- Reporting Income under Section 44ADA
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
