Liability of excise on wastage
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 June 2014
we have a manufacturer of ply woods & flush doors. now we have establish the biomass briqutting plant in our factory for wastage recycling. our unit is not a excisable unit becoz our turnover is under 1.5 crore. but when i sold the biomass brieqquets the our turnover has crossed the limit of excise. now we wants to know that are our units is liable for excise duty or not
Arun Kumar Singh
(Expert)
16 June 2014
If biomass is excisable goods then it will be clubbed in total turnover and you need to registered with central excise. If exempted goods then No need to take registration now.
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