Removal of goods for demo

Nazia (Asst Manager - Finance) (139 Points)

28 February 2014  

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.