Dear Team,
Request you to please advice if excise duty willbe applicable in the following scenario:
- Our private limited company is based in Mumbai
- Our private limited company supplies pure silver to the job worker / contractor in Mumbai
- Our private limited company supplies copper alloy to the job worker / contractor based in Mumbai
- The job worker manufactures silver coin in 92.5% purity with logo of our customer and delivers the silver coins to us in Mumbai
- The job worker raises a labour invoice to us
- These silver coins are supplied to our customer office locations pan India
Thank you so much
CAclubindia
