Removal of scrap from the factory

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Dear Experts,

Is it compulsory for maintain record  of scrap weightment even it is inside the factory.

Thanks

Replies (6)

Yes, it is mandatory to maintain the records of scrap. Scrap will be cleared from factory with payment of duty.

I mean weightment of scrap outside the factory and weight of scrap inside factory and permission from excise department for weightment outside the factory.

No need to permission if you have to remove the scrap with payment of duty on assessable value of the scrap.

Dear Ram kr,

Any Excisable goods sent for weighment outside the factory gate, you should get permission from Excise officials and maintain a challan for movement of trucks.

Can you please confirm whether Vat is applicable on sale of SCRAP, where we have paid duty 10+12+3+3+4

Your question is not clear.


CCI Pro

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