Applicability of excise duty
This query is : Open
26 December 2014
We are manufacturing a capital tool for our customer with materials of our own and producing goods from that for sales. The tool should be sold to customer as per agreement and they will pay agreed amount. But the tool will be with us only title gets transferred. Now in invoice should we charge excise duty?
26 December 2014
Excise duty will be applicable when goods are removed from factory. You should consult with any professional.
26 December 2014
Hi Arun, I sales (but not physical removal of goods) considered as removal under excise? Can you quote the Section/ Rule please?
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