central excise

This query is : Resolved 

24 February 2010 IN indirect taxes v s datey


Deemed manufacture is classified into 2 types. In the 2nd type in has been mentioned as follows


“in respect of goods specified in third schedule to central excise act repacking, relabelling, putting or altering retail sale price etc. will be manufacture. The goods included in the third schedule of central excise act are same as those on which excise duty is payable u/s 4A on basis of MRP printed on the package”


My doubt is, third schedule to CETA covers the goods to be valued under MRP provisions. But in the above definition it is specified as third schedule to central excise act. Is it correct?

24 February 2010 yes. As it is given that it is deemed manufacture.

Alteration of MRP or repacking of material is deemed as manufacture.

25 February 2010 thank u ,
my actual doubt is, whether it is third schedule to CEA or third schedule to CETA


25 February 2010 thank u ,
my actual doubt is, whether it is third schedule to CEA or third schedule to CETA

26 February 2010 It is third schedule to Central excise act and not CETA
Rule 1 VS datey is never wrong
Rule 2 if VS datey is wrong
SEE rule 1

02 March 2010 it is third schedule to CEA

17 November 2012 When one looks to third schedule of both Acts, he/she will find that both are same in all respects, word to word. And well said vardan sharma about both rules of VS Datey.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries