scrap duty

This query is : Resolved 

18 January 2011 Is wooden scrap is exempt from excise duty ?

21 January 2011 the scrap of packing material does not arise out of activity of manufacture, no excise duty is payable on clearance of such scrap. The question is whether credit on packing material has to be reversed. There is a judgement where the credit of packing material has been allowed.

21 January 2011 added as per above said para please also look to the below mentioned link:-

https://www.caclubindia.com/experts/excise-duty-on-scrap-sales-359710.asp

regards,

24 January 2011 thanks alot ramesh sir


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