Dear Sir,
Our Company is purchasing products from Company XYZ & repacking by labeling & branding own product name.
Kindly advice if excise is applicable just by changing product name & also confirm when excise is applicable.
Thanks for your assistance.
Regards,
Santosh B Dasoji
if your product fall with in the Third Schdule of CETA then the activity done by you amounts to manufacture as per section 4A of the Central Excise Act and you are liable to Excise duty.
Excise duty payble on Manufacturing of goods, which be payable at the time clearance of the final product.
Relabling amount to Manufacturing activity, so Excise duty applicable.
Regards
Kumar
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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