1. purchase of material A & purchase of packing material / / 2. packing of material A in packing material / / 3. sale of packed material // the query is that- is any where the excise duty leviable or regn with central excise required ?
03 May 2011
Sec 2 f of CEA specifies that there should be a conversion for manufacture to exist. however further 2 f ii specifies goods where deemed manufacture would apply. You require to classify you goods and see whether the same are subjected to deemd manufacture in the chapter notes to the chpater and also see whether they fall in thrid schedule. Normally FMCG items fall in this sector + chemicals.
CAclubindia
