Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Clarification - non-excisable scrap

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... After amendment to section 2(d) of central Excise Act,1944 . effective May 2008 what is the position about non-excisable scrap ? Is it that duty should be paid forr whatever scrap sold be it arisin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g during manufacguring actitiviies or dismantling etc., ? Even unserviceable scrap should also be removed only on excise duty ? - Reply By Surender Gupta - The Reply = Duty of excise on wastage / sc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rap is to be decided with reference to duty on finished goods. If finished goods are exempt, there is no duty on wastage or scrap. Otherwise, you have to pay duty on sale value of such wastage or scra .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... p if otherwise not exempted. - Clarification - non-excisable scrap - Query Started By: - RRswamy Dated:- 30-9-2008 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates