Clasification of oil from scrap tyre
This query is : Resolved
14 February 2012
I am manufacturer. I have plant which I am using for the conversion of scrap tyres and plastic in to fuel oil, carbon black, and steel wire. I don’t know what should be the classification of these products and what should be the excise duty on it.
Kindly help to find out classification and excise duty rate (if any concessional rate of duty prevail than please inform that also)
Technical process flow of product is as under
This is the batch process systems.
The waste tyre is fed into the reactor vessel and heated under controlled conditions of temperature and pressure.
The process will bring about molecular restructuring of the rubber under the pyrolysis process as the result; furnace oil in gaseous form is produced along with other gases.
These vaporized gases are passed through heat exchanges, where in the furnace oil gas is condensed into liquid form.
During the process, carbon black is generated.
The heat exchanger uses coolant water, as the condensing medium and this water is re-circulated.
Process output are :
1) Fuel oil
2) Carboon black
3) Gas
4) Steel Wire
Kindly help to find out classification and excise duty rate (if any concessional rate of duty prevail than please inform that also)
Technical process flow of product is as under
This is the batch process systems.
The waste tyre is fed into the reactor vessel and heated under controlled conditions of temperature and pressure.
The process will bring about molecular restructuring of the rubber under the pyrolysis process as the result; furnace oil in gaseous form is produced along with other gases.
These vaporized gases are passed through heat exchanges, where in the furnace oil gas is condensed into liquid form.
During the process, carbon black is generated.
The heat exchanger uses coolant water, as the condensing medium and this water is re-circulated.
Process output are :
1) Fuel oil
2) Carboon black
3) Gas
4) Steel Wire
24 February 2012
I am waiting fro reply......
Please experts provide answer of above querry
Please experts provide answer of above querry
19 August 2013
Mr Jaydeep,
There is an entry in excise tariff namely Fuel oil 27101950. What is the status of your excise classification for your tyre oil?
Any clarification given by excise department?
There is an entry in excise tariff namely Fuel oil 27101950. What is the status of your excise classification for your tyre oil?
Any clarification given by excise department?
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
