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Taxability of ginning factory

This query is : Resolved 

24 October 2012 Hello,
One of my clients is starting a Ginning and Pressing Factory. I wish to enquire whether his products i.e. Lint and cotton seeds produced from raw cotton would be taxable under excise?

Thanking You

Regards
CA Gaurav R Bhartiya
Nanded

24 October 2012 Dear Gaurav,

In Ginning factory, Activities are Not Covered Under Manufacturing, These are Process Only, & Also Exempted From Excise Duty.
Since You are From My Region, I Suggest You to Go With CETA for Detail One & Ask Your Client to Go Ahead With This projects .....as There are Lots of Opportunies Available in This Project.


Regards,
CA Ayush Agrawal
Parbhani


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