banner_ad

Intermediate goods

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 April 2010 A co. manufactures commodity X which is excisable. Commodity Y is the intermediate good produced during manufacture of Commodity X. Both commodity X & Commodity Y are excisable. As final goods are excisable vide notification No. 67/95 commodity Y becomes exempt. My query is whether excise invoice will be required to issue commodity Y for manufacture of commodity X although no tax involvement is there and commodity is not removed from factory.
Profile Image

Ritesh Goyal

Profile Image

Ritesh Goyal (Expert)
14 April 2010 As per your query it is appearing that comodity y is not used captively but produces as by product.

yes for captive consumption also you have to issue excise invoice with mentioning captively used and showing notification no. 67/95 on the face of the invoice.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details