Excise duty on scrap sale

1465 views 3 replies

Friends I would like to get clear understanding on applicability of the following case:-

 

A company having factory set up, imporing machineries from abroad using factory place as factory cum ware house and primarily doing different kind of job work, like boring, machining etc on excisable items supply by the principal manufacturers apart from trading sale of machineries.

During job work a portion of scrap material which is not returned to the principal manufactuers lying at job worker's place. Later the job worker has planning to sale the scrap of such material. Now the question is whether excise duty would be applicable on removing of such goods from job workers place, though the job worker doesn't cross the exemption limit of Rs. 1.50 Crores and not yet started any manufacturing process.

 

Replies (3)

I am waiting for the expert's opnion yet.. any one could expedit this issue..

Looking for your valuable feedback..

 

https://www.cbec.gov.in/excise/cxt2012-13/cx-gen/cx-gen21-24.pdf

Please go thorugh above link it may help you

If  Principal manufacturer purchase with excise of rawmaterial and aviling cenvat credit , that metrials send to Jobwork purpose to ur primises then scrap sales also with payment of duty.......

 

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details