Excise Matter Textile - Urgent

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Pratik Patel

Service

20 Points Posted on 10 February 2010

We are manufacture of "POLYESTER TEXTURISED YARN" falling under CSH No. "54023300" and we are opting Exemption Notification No. 30/2004-CE dated 09/07/2004.During the cource of manufacturing "POLYESTER TEXTURISED YARN WASTE" falling under CSH No. "55051090" generate.

Q-1. We cleared our Final Goods"POLYESTER TEXTURISED YARN" at Nil Rate of duty but at what rate we cleared our by product "POLYESTER TEXTURISED YARN WASTE" wather it at nil rate of duty or dutiable and if Nil Rate of duty Why?

Replies (2)

Acc to Excise Act, for dutiability of waste & scap, the final product must be dutiable. In ur case, since the final product is dutiable, then the waste is also dutiable. When u send the main product at the nil rate, then its waste is also to be sold by levying nil rate.

Suggestions from experts r welcome.

rgds

Shikha

Rajesh Kumar

Advocate- Tax

20 Points Posted on 11 February 2010

Shikha is right. No duty is required to be paid on waste. Refer to exemption notification 89/95 dated 18.05.1995.

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Excise Matter Textile - Urgent

Pratik Patel

We are manufacture of "POLYESTER TEXTURISED YARN" falling under CSH No. "54023300" and we are opting Exemption Notification No. 30/2004-CE dated 09/07/2004.During the cource of manufacturing "POLYESTER TEXTURISED YARN WASTE" falling under CSH No. "55051090" generate.

Q-1. We cleared our Final Goods"POLYESTER TEXTURISED YARN" at Nil Rate of duty but at what rate we cleared our by product "POLYESTER TEXTURISED YARN WASTE" wather it at nil rate of duty or dutiable and if Nil Rate of duty Why?

Shikha Bajaj

Rajesh Kumar

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Excise Matter Textile - Urgent

We are manufacture of "POLYESTER TEXTURISED YARN" falling under CSH No. "54023300" and we are opting Exemption Notification No. 30/2004-CE dated 09/07/2004.During the cource of manufacturing "POLYESTER TEXTURISED YARN WASTE" falling under CSH No. "55051090" generate.

Q-1. We cleared our Final Goods"POLYESTER TEXTURISED YARN" at Nil Rate of duty but at what rate we cleared our by product "POLYESTER TEXTURISED YARN WASTE" wather it at nil rate of duty or dutiable and if Nil Rate of duty Why?

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Recent Topics :

Related Topics :

We are manufacture of "POLYESTER TEXTURISED YARN" falling under CSH No. "54023300" and we are opting Exemption Notification No. 30/2004-CE dated 09/07/2004.During the cource of manufacturing "POLYESTER TEXTURISED YARN WASTE" falling under CSH No. "55051090" generate.