Excise on scrape sale

CA,CS Mehul Bhanawat (Job) (199 Points)

10 December 2012  

Q. Whether cement manufacturing company is liable for levy of excise duty on sale of scap?

1. Brass scrap.

2. Copper Scrap.

3 Scrap TMT tor steel, TMT for steel.

4. used wooden & steel.

Please provide your opinion on light of this issue with the help of case laws or notification if any.?

As company is deducting TCS on such sale.

Thanks in adv................