Excise on rejected coal sale


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 September 2012 M/s XYZ is manufacturing company of iron ore and they purchase coal for heating purpose. Now XYZ ltd. sold rejected coal from its factory whether they are liable to excise duty?????

02 September 2012 If any CENVAT credit was taken the same is required to be reversed



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