Applicability of excise duty

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Pls help me on this matter

Excise duty will be applicable or not on  goods from wholly owned subsidiary Company.

Replies (3)

Excise duty is on manufacuturing. So irrespective of the nature of the transation duty applicable if you remove the goods from factory.

Regards

Dayananda

The applicability of Excise is not dependent on the nature of company say that it is wholy owned subsidiary company or not. Excise Duty is applicable only on the manufectured product. for Detail, Please read entry 84 of Indian Constitution.

Originally posted by : Suraj Agarwal

The applicability of Excise is not dependent on the nature of company say that it is wholy owned subsidiary company or not. Excise Duty is applicable only on the manufectured product. for Detail, Please read entry 84 of Indian Constitution.

 

 

Im agree with Suraj   sir


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