Dear Sir,
Please confirm Excise Duty applicable or not for Scrap of Corruguted Boxes for used in Manufacturing Excisable depot based on MRP based Valuation ( Only do the Packing Re Packing) of the material .
Rahul Jain (Other) (24 Points)
12 March 2015Dear Sir,
Please confirm Excise Duty applicable or not for Scrap of Corruguted Boxes for used in Manufacturing Excisable depot based on MRP based Valuation ( Only do the Packing Re Packing) of the material .
hanamshet
(CONSULTANT)
(176 Points)
Replied 17 March 2015
IF YOU ARE A CENTRAL EXCISE REGISTRANT, PAYING DUTY THEN THE SCRAP WOULD BE CHARGABLE TO DUTY ON THE SALE VALUE.
R P Ananthakumar
(Sr. Officer - Central Excise/Cash)
(514 Points)
Replied 18 March 2015
Dear Mr. Rahul,
The boxes are in your inputs and you have taken cenvat credit for that boxes, then you have to pay duty for that scrap sale.
Regards
RP Ananthakumar
CAclubindia
