Should Excise duty need to debit if we use some Raw material and FG for R & D.

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..... Should Excise duty need to debit if we use some Raw material and FG for R & D.
Query (Issue) Started By: - Swapneswar muduli Dated:- 9-8-2016 Last Reply Date:- 9-8-2016 Central Excise
Got 3 Rep .....

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..... lies
Central Excise
Dear Sir, We are a manufacturer if we use the material for R & D or QC lab for testing purpose and this material for usable and scrap it. In that case should we need to Debi .....

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..... t the Excise Duty on these material or not ? Regards Swapneswar Muduli Reply By JSW CEMENT LIMITED: The Reply: If excisable goods are used in house for R&D purpose, then Excise duty will be payabl .....

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..... e but for QC Lab testing being a part of manufacture, excise duty need not be reversed. Reply By ASHOK AMIN: The Reply: Dear Expert, How to prepare invoice for in house debit ? Regards, Reply By .....

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..... JSW CEMENT LIMITED: The Reply: You can create invoice in your plants name itself.
Discussion Forum - Knowledge Sharing .....

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