Dear experts
We are a manufacturing company. Our employees carry goods to customer place to give demo & bring it back. Sometimes, its left with the customer for few days & returned by customer.
In this scenario is Excise duty payable at the time of removal of goods. Kindly guide. It would be nice of u if any reference to substantiate is given.
Excise duty is payable on samples/demo even if they are not sold.
RMA And Associates LLP
New Delhi
CA Inter
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Shyam S Gupta and Company
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CA Inter
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N N V Satish & Co.,
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Hyderabad
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ADY & CO.
New Delhi
Graduate (Any)
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CCI
Pro
CAclubindia
