Manufacturing of Tools for Captive Consumption
This query is : Resolved
satishkumar
(Querist)
25 July 2009
We are engaged in Excavation work.
We are processed on steel material and manufacture some tools for our excavator.
Is the processing work becomes manufacture for excise duty?
We are processed on steel material and manufacture some tools for our excavator.
Is the processing work becomes manufacture for excise duty?
Rajesh Kumar
(Expert)
27 July 2009
It depends on the process undertaken by you. Yes, conversion of steel into tools amounts to manufacture and liable for Central Excise duty.
The other issue is exemption notification on captive use. Look at the notification, and if you are fulfilling the requirements, exemption is available.
The other issue is exemption notification on captive use. Look at the notification, and if you are fulfilling the requirements, exemption is available.
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