TMI BlogDifferential of Excise dutyX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, We are registered manufacturer in central excise. We are sold our product through our Depot/Consignment agent. Suppose we have removed our product at the rate of 10 percent excise du ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ty from the factory in fy 2011-12. Now from March 2012 the rate of excise duty is at the rate of 12 percent . What will be the excise duty rate applicable for our consignment agent/Depot. Whether dif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ferential duty will be applicable on the factory after the effective rate of change. Pl advice. Thanks - Reply By Rajesh Nathoo - The Reply = Dear Mr. sharma , Point of taxation in Central excis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e is removal from factory . Rate of duty applicable would be when goods are removed from the factory . Depo sale is not an exception to this. Depo value is relevant only for valuation purposes. So ra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te of duty applicable in this case will be 10 percent . . There is no need to pay the differential duty in this case . - Differential of Excise duty - Query Started By: - RAM SHARMA Dated:- 8-1-201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ementindia.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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