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excise duty on removal of scrap for reprocessing

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Whether excise duty is payable or is to be reversed on the removal of scap for reprocessing which is again used in the manufacture of final product.

Replies (2)

pramod,

is material will comes back to u or not? if its came back to u then send it in job work manner or u r not sure abt it then d'nt go in hectic , simply sold it with duty & whenever u got material u got more duty coz on that time scrap will become u r raw material & comes on high rate.

 

 Dear Pramod,

 

You need not pay excise duty on scrap generated as a result of manufacture by availing exemption under Notification No. 67/95-C.E


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