Is excise duty applicable or not? In case an manufacturing concern goes for works contract i.e goods transfering to works contract and then if finished goods at works contractor place took to the party (buyer of goods. Make clear regarding when goods removed to works contract which duty is applicable and then when goods (i.e., finished goods) removed to buyer's place.. which duty is applicable?......
09 February 2009
Excise duty is payable by the manufacturer. When job worker is manufacturer, he is liable to pay duty, irrespective of the ownership of goods.
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