We r a manufacturing company register in excise
we r using excisable & non excisable goods in single product production process , how we charge excise duty on sale
Eg. We r make production of (A) (Excisable) finish goods
we r using raw materila as
B (Excisable)
C(Excisable)
D(Excisable)
E(Non excisable)
F (Non excisable)
How we can charge excise duty to customer
Charge excise duty at appropriate rate on final product A on the price of goods. Take cenvat credit of duty paid on raw materials B,C,D.
Dear Sir,
Cenvat credit material B,C,D is available to you as per Rule 3,4 of CCR, 2004.
Regards
HS Negi.
Dear Mr. Patil,
I Agree with Mr. Nair & Mr. Negi.
Excise duty to be paid on final Product has no direct relation with inputs used in manufacture of such final products. Manufacturer is required to pay excise duty on final product at the rate specified in Central Excise Tariff Act, subject to any Exemption notification availed.
Moreover, Credit of duty paid on inputs, as defined in the act, used in the manufacture of dutiable products is also available. Except where duty is paid at concessional rates under some notification.
CAclubindia
