One of my client is purchasing Earthmoving machinery parts from outside the state and selling it after repacking and rebranding.
Does this amount to manufacturing,if yes,then can we set off the excise duty paid on purchae of parts and packing materials and moreover what are the other excise formatlities he has to do.
07 June 2015
Repacking and relabeling has been covered under deemed manufacture. If chapter heading of your goods are falling under defeniation of deemed manufacture then you need to registered under central excise. You need to consult with any professional.