Excise duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 November 2012
Is there any excise duty on making of grills and gates ?
14 November 2012
Dear sir ,
Excise duty is on the manufacture of movable marketable and saleable commodity ..... As per section 2(f) of the central excise act 1944 , manufacture is the process by which new product has come into being with a new function . So in thi s case the grills and gates both are movable and marketable and both have unique function so in this case it will be treated as a manufacture and grills and gates are excisable product if they are included in CETA 1985 .
So in the nut shell if grills and gates are included in CETA which i think they are included , so they are chargeable to excise duty if included in CETA 1985 ....
Excise duty is on the manufacture of movable marketable and saleable commodity ..... As per section 2(f) of the central excise act 1944 , manufacture is the process by which new product has come into being with a new function . So in thi s case the grills and gates both are movable and marketable and both have unique function so in this case it will be treated as a manufacture and grills and gates are excisable product if they are included in CETA 1985 .
So in the nut shell if grills and gates are included in CETA which i think they are included , so they are chargeable to excise duty if included in CETA 1985 ....
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 November 2012
Sir,Thnk u for ur reply.If it is exciseble, then it also attracts sale tax..... M I Right??
15 November 2012
Dear sir ,
If it is saleable then yes .........
with regards ,
sayantan basu
If it is saleable then yes .........
with regards ,
sayantan basu
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