03 January 2013
Mr.x wants to import cement bags from pakistan with ISI mark and after repacking them from 50 kg bag to 1kg or 2 kg bag it is sold in local retail market.now my question is whether on sale of 1kg or 2kg bag excise duty is applicable or not. whether he needs to register under excise Act.
IT is urgent please also let me know the other related provision applicable to the case.