Central Excise clearification

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 March 2010 1) We are registered under Central Excise Manufacture, we have now purchased non excisable dies and moulds on behalf of our customer for production of there casting. now we intend to sell the same to our non excisable customer. should we charge him the excise amount and make the invoice or can we sell him the same without charging excise amount.

2) can we add some margin amount ( as trader) and make the nonexcisable invoice

Rajesh Kumar

Rajesh Kumar (Expert)
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12 March 2010 If you have not taken the credit, you can sell it through non excisable invoive, at transaction value.
If you have taken credit, you can seel the product at transaction value, and duty shall be paid equal to the cenvat credit taken minus depreciation if any, as if capital goods has been removed as such.