TMI BlogClarification - non-excisable scrapX X X X Extracts X X X X 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 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 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 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 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 X X X X Extracts X X X X
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