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TMI BlogEXCISE DUTY ON PATTERN COST RELEATING TO SEZX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sirs, Our is Foundry and we have manufactured patterns from outside on behalf of SEZ customer. We have to charge pattern cost to SEZ customer. In actual their will no pattern movement and only cost of patterns will be charged to SEZ customer. Please inform whether we have to charge excise duty and sales tax in our invoice for patterns. Please guide in this regard. - Reply By sanjeev jadhav - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Reply = Dear Sir, Matter is not get cleared. Please inform your suitable suggestion in this regard. - Reply By Narhar Nimkar - The Reply = In my opinion, since there is no removal of patterns from your factory, no duty is payable. You can raise the invoice by charging appropriate VAT and clearly mention that the pattern is retained in the factory for production of parts. You will be requir ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed to claim exemption under Notification 67/95 for captive consumption and show the same in your monthly return. Important point is that you will be required to amortise the cost of pattern over the parts / castings produced from the pattern. - Reply By sanjeev jadhav - The Reply = Dear Sir, Thanks you very much for your reply and suggestion. We will follow this procedure. - EXCISE DUTY ON P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ATTERN COST RELEATING TO SEZ - Query Started By: - sanjeev jadhav Dated:- 10-4-2013 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, 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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