Should Excise duty need to debit if we use some Raw material and FG for R & D., Central Excise

[Swapneswar muduli]

Dear Sir,

We are a manufacturer if we use the material for R & D or QC lab for testing purpose and this material for usable and scrap it. In that case should we need to Debit the Excise Duty on these material or not ?

Regards

Swapneswar Muduli

Posts / Replies

[JSW CEMENT LIMITED]

If excisable goods are used in house for R&D purpose, then Excise duty will be payable but for QC Lab testing being a part of manufacture, excise duty need not be reversed.

[ASHOK AMIN]

Dear Expert,

How to prepare invoice for in house debit ?

Regards,

[JSW CEMENT LIMITED]

You can create invoice in your plants name itself.