Excise duty exemption

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Dear all

We have Iron ore beneficiation plant and we use low grade iron ore to upgrade it so we buy iron ore and sell it in iron ore form itself please help me in finding out if this material is exempted from Excise duty

Shashi kant Gupta

Replies (2)

Falls under 2601. Exempted under Noti.4/2006-CE.

 

Originally posted by : CA Unnikrishnan Nair N

Falls under 2601. Exempted under Noti.4/2006-CE.

 Sir I this the process itself is not manufacture with refference to Delhi Cloth Mills case. Since input & Output have same Name, use ,characteristics, identity

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