Exicse duty

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 October 2011 Dear members
Please clear me some point regarding Excise duty benefits..

" we have two plant one is non exciseble second one is exciseble, we purchase some raw material in non exciseble plant with excise duty on supplier invoice, now we are going transfer material to exciseble plant can we take benefit of excise duty in exciseble plant. if yes please clear me about this and send me notification of govt.

thanks..

22 October 2011 under same identity when one unit is paying duty, another unit can not be exempted.

refer the notification 8/2003

(vii)

the aggregate value of clearances of all excisable goods for home consumption by a manufacturer from one or more factories, or from a factory by one or more manufacturers, does not exceed rupees three hundred lakhs in the preceding financial year.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 October 2011 Dear u.s. sharma....
first of all i want to thanks to reply my query .

you told me that.
under same identity when one unit is paying duty, another unit can not be exempted.

my plant is in uttarakhand so its true that one plant is exempted by excise and another is non exempted ..
our first plant is old plant (non exciseble) second is new plant (exciseble). by the central gov. notification if any body starting the plant before march 2010 than he will exempted from excise for 10 years if he will installing plant after march 2010 than he will not exempted. so our second plant start after march 2010 so it is not exempted

25 October 2011 your one plant is availing area based exemption, and its not catagorized as " non excisable"

exempted unit can not do any activity for paying or transfer of excise duty ( except the dealer registration activity), and once its found that the unit has done any such activity, the exemption would be deemed as lapsed.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details