Liability of excise duty

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..... Liability of excise duty
Query (Issue) Started By: - mohan rao Dated:- 14-8-2009 Last Reply Date:- 17-8-2009 Central Excise
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Central Excise
we are suppling bought out items lik .....

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..... e spring nut,bolt and washers. these items excise duty liable or not. at present we are not collecting any excise duty ot the above item. if not necessary any case law or please give case law referenc .....

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..... e number. mohan rao Reply By Mukesh Kumar: The Reply: There are number of judgments on the issue of bought out items. Where the bought out items are independent and charged separately and not integra .....

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..... l part of manufactured goods, the value shall not be included. On the other side, where the bought out items are integral parts of the finished goods, supplied together, charged commonly, you need to .....

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..... charge excise duty after including the value thereof. The important question is: what is the nature of transaction?
Discussion Forum - Knowledge Sharing .....

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