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Payment of duty - Dies manufacture

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..... We are mfg platic components. We get dies and moulds made from outside on laboue jobwork thru various local tool rooms by supplying metal req for dies. we have taken modvat cr on metal supplied to the .....

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..... m in two years @ 50% each year. We have used these dies in production for 2/3 years and there after sold during current year by paying current tariff 8% duty. Department is asking to pay duty @ 16% ,a .....

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..... pplicable rate , when we got the dies manufactured manufactured. what is correct legal position. - Reply By Pradeep Khatri - The Reply = Sir, Please refer seventh proviso of Rule 3(3)of CENVAT credi .....

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..... t Rule,2004. - Reply By Rama Krishana - The Reply = Your action as well as department action are not correct. The provision of rule 3(3) must be followed. - Payment of duty - Dies manufacture - Query .....

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..... Started By: - Rajkumar Chandnani Dated:- 30-11-2009 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management .....

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..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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