manufacturing Process
This query is : Resolved
Pawan agrawal
(Querist)
06 July 2008
we propose to set up a unit for plated circular coin blanks. The base material for the coin would be steel on which we would do coating of alloys of copper and nickle.What would be excise duty liabilityand whether both the activity that coin making and plating would be treated separate manufacturing ?
U S Sharma
(Expert)
16 September 2012
as this product is property of indian reserve bank, so they will get notification and circular for exemption of ED/Sales Tax and will ask you to maintain the guidelines of the notifications.
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