Dear Experts,
We are registered manufacturer for excisable goods in central excise. We have developed and made some machine for self utilisation for manufacturer of exciasable goods. We are not registered for making machine in central excise. Please advice what will be the consequences for such activity on central excise point of view and also want to know the excise liability and procedure in this regards.
Thanks
Every excisable goods manufactured is to be recorded in the daily stock account, capital goods manufactured if used no excise but it is to be shown in the ER1/ER3 returns, provided goods manufacturedby the capital goods is liable to excise duty.
R C Verma
9810525780
A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
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