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Excise registration

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 December 2014 Dear Sir,
One of my client has receivable of Rs. 18 lakhs (appx) from one manufacturer of iron n steel, now the said debtor told us to take scrap from him as against the outstanding amount.
But, in that he will charge excise from us on the value. Presently we dont have excise registation because we are work contractor and trader.
should we get ourself registered under the excise law for excise duty credit or any other option is available to us.
Thanks
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
19 December 2014 You should consult with any professional. No need to take registration of excise if there is no any manufacturing activity.
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 December 2014 Dear Sir,
then What about the excise that would be charged by the vendor ? Is it going to be the cost of purchase for me?
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