14 September 2016
Hello friends.... I want to know some points from you. I am working in excise able unit which Engage in production of reclaim rubber (excisable good). Our raw material is waste tyre rubber(WTR). Our process for production of reclaim rubber sheet is as follow. First we crush WTR into powder foam which is called as crumb and then we use this crumb , R-6 , HSD and other material in rotary to convert it into final product. We want to sell crumb without further main processing. I want to know is crumb cover under excisable goods? If yes, then under which head and under which notification? If we sell crumb , will excise duty applicable?
CAclubindia
