Manufactring process or not
This query is : Open
PANKAJ ASAWA
(Querist)
31 August 2012
I want to konw that following process is manufacturing process Or not & this is attract excise duty liability if turnover crosses the thresold limit
Purchase waste & Scarp of Cables & wires & Transformer & segrecate the material & sell as copper scrap,alluminum scrap,ms scrap,pvc scrap,& chapter heading is also change for cable scrap,transformer scrap & copper scrap,alluminum scrap,pvc scrap,ms scrap,can we asay that this is the manufacturing process
Purchase waste & Scarp of Cables & wires & Transformer & segrecate the material & sell as copper scrap,alluminum scrap,ms scrap,pvc scrap,& chapter heading is also change for cable scrap,transformer scrap & copper scrap,alluminum scrap,pvc scrap,ms scrap,can we asay that this is the manufacturing process
CA Suresh Jain
(Expert)
02 September 2012
Normally segregation does not amount to manufacture. But for correct reply let me know the CET subheading which is mentioned on your purchase invoice and description also.
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