excise duty

Dear all,

may i know , whether excise duty is payable on lying dead stock in factory. Till date stock is not classified under any activity (scrap, removae to any party i.e sale).

What will happend of cenvat credit taken on input which was used to produced to final goods.

Replies (2)

Excise Duty becomes payable on removable of Excisable products from Factory gate,Hence No excise duty is Payable on lying dead stock in factory.

On receipt  and acceptance of exciseable inputs required for production of Final excisable output we can take credit on receipt basis (Duty paid on Inputs)in RG 23A part11.

Pls can ypu calarify me when there is some material which is arrived srcap during the commissioning of plant & machinery. But after some time that scrap is used for production of finished good. and we pay the excise duty on the finished good.

IS WE HAVE TO PAY THE EXCISE DUTY ON THE SCRAP WHICH IS GENERATED AT THE TIME OF COMMISSIONING.?

CAN WE CLAIM THE CENVAT ON THE SCRAP EXCISE WHICH WE PAY AT THE TIME OF PURCHASE OF MACHINE AND SCRAP IS GENRATED AT THE TIME OF COMMISSIONING OF PALNT.?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details