11 January 2014
Pls suggest me answer of following questions :
a) What is d Excise duty payable on reprocessing of plastic granules ?
b) Is it exempt from excise duty payable ?
c) What is d SSI scheme under excise Act ?
kindly provide respective circulars & notifications also
Thanking You..
12 January 2014
Duty will be paid on final product from reprocessing. Rate of duty will be depend upon the classification of final product. SSI exemption will be available upto 1.5cr.
CAclubindia
