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Applicability of excise duty - movement within factory

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..... Applicability of excise duty - movement within factory
Query (Issue) Started By: - madhavvan n Dated:- 18-4-2009 Last Reply Date:- 21-4-2009 Central Excise
Got 1 Reply
Central Excise
move .....

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..... ment of goods within same factory does it amount to captive consumption and what document is required to be attached and value of the invoice and excise duty applicability Reply By Rama Krishana: The .....

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..... Reply: let me clear that there is provision under central excise which states that mere movement of goods within the factory premises would be treated as captive consumption. If you are using the int .....

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..... ermediate manufactured goods into the manufacturing of different articles, you need to check that whether the final product is liable to excise duty? if the answer is yes, no need to pay any duty of e .....

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..... xcise as the same is exempt. if the answer is no, you need to calculate the value as cost + 10 % and pay excise duty on the value thus arrived at.
Discussion Forum - Knowledge Sharing .....

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