Dear Experts,
We are a manufacturing unit. We purchsed some die from party and seller send us a non cenvatable bill because he have not excise registration but we are selling these dies. So my question is can we sell die without excise or we make an invoice acc. to rule no 11 of central excise with excise duty.
Thanks & Regards,
Devi Chand
If you remove the material as such then you will not be liable to pay duty. Exise duty is liable only when you manufacture something...
In case you resell the goods as such there is no dut payable...
AJAY SINGH AND CO LLP
Thane
CA Final
View Details
CCI
Pro
CAclubindia
