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.
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excise duty on removal of scrap for reprocessing
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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