Taxability of exciseable goods
This query is : Resolved
24 July 2014
Sir,
Our Unit is in Himachal pradesh
from August onwards excise will be applicable to our pre
mises
My question is opening stock of exciseable goods with us on August is taxable for excise duty
24 July 2014
Yes you need to pay excise from august but on the laying stock you will take the cenvat credit.
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