Central excise

Dear Sir,

Whatever material receiving and selling them without any activity which related to manufacturing.   

You need to send or sell the material on as such basis. Please refer3 (5)  cenvat credit rules -2004. You need to just reverse the input credit availed.  Incase if you are adding any profit into that, you need to pay duty on transaction value.

For exempted goods no need to pay duty,

Regards

Kumar

Originally posted by : kumar hattanna
	Dear Sir, Whatever material receiving and selling them without any activity which related to manufacturing.    You need to send or sell the material on as such basis. Please refer3 (5)  cenvat credit rules -2004. You need to just reverse the input credit availed.  Incase if you are adding any profit into that, you need to pay duty on transaction value. For exempted goods no need to pay duty, Regards Kumar

Dear Experts,

thanks for your response, but we receive the material without excise duty, and sale them in whatever we receive condition.

please advice me experts.

Dear Experts,

But we receive the material without excise duty, we sale the material whatever it is.

kindly advice me experts

A. EZHIL

You recd. those material in your factory premises as duty free material there is no need to pay duty or reverse on such materials but the said process is working a regularly basis then you need Amended your Excise Registration for non excisable/excisable goods or make a declaration also in the Excise Department.

Further it is also requested to you if you taken a credit on such goods you should reverse the same or debited and also intimation furnish the Excise Department.

If any other queries in this regard plz make the provisions.

And also a personally requested to you plz provided the English Writing Skill i.e books or Emails.

In this regard your earlier action would be highly appreciated.