EXCISE

This query is : Resolved

MANDAR J PANSE (Querist)
Follow

16 September 2009 Dear Sir,

Please explain that whether Excise duty is applicable for the Bought Out Partswhich are cleared alongwith our Manufactured Goods. The Bought out parts are purchase, Cenvat Credit is not availed on the same & which is cleared without payment of excise duty.

Can you please give me following case law

Triveni Engineering v. CCE 2000(122) ELT 386 (CEGAT).

ADITYA

ADITYA (Expert)
Follow

30 September 2009 Dear Mandar

Why do you want to clear bought-out parts without payment of Excise Duty?

You can take the cenvat credit while purchasing and charge Excise Duty on the Transaction Value (Sale Price) while clearing the said goods.