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 Threads
- Luxury premium car - Lease or Loan
- Income tax act 40 A (3)
- Transmission of deceased's shares in physical form
- Shall I pay GST payment for unkonwnly cancelled in
- Error in GSTR1 filing for October 25
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
Related Threads
CAclubindia
