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
KMPL (manager) (36 Points)
16 September 2011Dear 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
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 17 September 2011
Falls under 2601. Exempted under Noti.4/2006-CE.
CA Nitin Karmalkar
(Senior Associate)
(70 Points)
Replied 14 October 2011
| 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
CAclubindia
