Dear Sir/ Madam,
We are a 100 EOU at Noida.
Please advice me what is rate of excise duty applicable on sales of wastage & scrap by the EOU.
Please mentioned the circular/ notification number if any.
Regards,
Anuj Kumar Goel
Cont. No.: + 919958484182
Menu
Rate of excise duty on wastage scrap by the eou
Replies (1)
Dear Mr. Goel
As per CE. Notification 23/2003 dtd. 31.03.2003, you can clear wastage/scrap 50% of custom duty and all other duty in DTA, subject to achieve the value addition norms,in the previous year.
Thanks
HLSHARMA
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
