Applicability of exise
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2014
sir we are manufacturing goods but i can not sell the goods immedieately. we are store the goods to warehouse whether exicse duty applicable?
21 December 2014
Liability of paying Excise Duty levied on production of Exciseable goods in India. However, collection may be on some other time.
Therefore, if it exciseable goods you are certainly liable for excise duty
Therefore, if it exciseable goods you are certainly liable for excise duty
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