18 December 2010
We are a Trader and Exporter having IEC.
We are availing the DEPB benefits and other scriptttts like VKGUY, FMS etc. against our export of RAW COTTON. We are not registered with Central Excise because the product is non excisable.
Further, we are importing Sodium percarbonate (2836.99.10) by using the benefit scripts against the import duties and selling the same in local market by the VAT / CST invoices.
My question is whether we require excise registration for the sale India & do we have to follow any CENVAT rules? Any excise duties are applicable ?
18 December 2010
Excise registration is needed 1. If you are a manufacturer 2. If you want to trade in the excisable goods and want to pass on the credit.
The activities undertaken by you does not seems to be covered.