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Excise on finished goods on amalgamation

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(Querist)
23 March 2009 There are 2 companies A & B. Now comapany A is getting amalgamated to Company B. The finished goods on Company A is also transfered to Company B. So whether Company A or B will be liable to pay Excise Duty on such transfer...?
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Rajesh Kumar

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Rajesh Kumar (Expert)
28 March 2009 Company B when the goods will be cleared from factory.

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