Easy Office
LCI Learning

Sale of Raw material

This query is : Resolved 

16 March 2008 I am working in a handtools manufacturing company which comes under the Engineering units heaading.

We purchase raw material from the domestic market and pay excise duty on it.

Now, can we want to sell some of our raw material as it is ( without any processing)in the domestic market.

Can we sell it.

Where can i find the related provisions in the Excise Act 1944.

16 March 2008 u can find related to cenvat credit in cenvat credit rules where credit on the raw material is to be reversed.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query