TMI Blogchild part of parent product(Part of Product)X 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 for excisable finished product. Our finished product is liable for excise duty and part of our product is nil rate of duty. Can we sale ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... part of our product without registration in central excise. what precaution should be taken for removal of part at nil rate of duty. Please advice. Thanks - Reply By CA. Surender Gupta - The Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y = In case you are the manufacturer of child parts and same is exempted from central excise duty, you may remove the same without getting the your unit registered with central excise. But, if you ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are manufacturing finished products using such child parts, which is is liable to duty of excise, you may be availing Cenvat Credit on the raw material used therein. Therefore, before removal of ch ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ild parts without excise duty, if you have availed the cenvat credit on the raw materials, you need to reverse the credit as per Rule 6 of Cenvat Credit Rules, 2004. - child part of parent produc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t(Part of Product) - Query Started By: - RAM SHARMA Dated:- 10-1-2014 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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