I would like to understand whether transforming liquid oxygen to gas oxygen (change of state from liquid to gas through a set of processes and vice versa) amounts to "manufacture" under central excise ?
19 October 2015
Yes, it will amounts to manufacture. The ssi exemption will be available upto 1.5cr turnover.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
19 October 2015
Thank you for the answer. Can you support this with any case law or notification ? We are buying liquid oxygen under Ch 2804.90 and clearing gaseous oxygen under Ch 2804.90.
19 October 2015
Transfer from liquid to gas are amounts to manufacture and you need to registered under central excise. You should consult with any professional.