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Excise duty and CST calculation - Central Excise

Issue Id: - 3643
Dated: 14-12-2011
By:- Defy Jose
Excise duty and CST calculation

When my company ABC LTD has transferring goods for manufacturing purposes to my sister concern XYZ LTD (name has different) For this regard shall we need to pay or obtain excise duty or CST ? if it is needed, how will calculate..?

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Dated: 14-12-2011
By:- Pradeep Khatri

You would have to pay Central Excise Duty on 110% value of the goods intended for transfer to your sister concern for further manufacturing purpose.  Further, no CST would be payable in case of transferring of goods against CST Form 'F'.

Dated: 14-12-2011
By:- Mridul Sethi


Pls give the reference in this regards.  Also pls clear that in case of sister concern by other name, can we have to pay CST.

Dated: 15-12-2011
By:- Defy Jose

sister concern i meant that, same owner but different names thats all.

Dated: 15-12-2011

Yes, You are required to pay c. excise duty at the 110% of the value.

Dated: 16-12-2011
By:- Defy Jose

dear sir

can u describe the divisions of 110 %

Dated: 19-12-2011
By:- r.rajkumar kumar

if this is sister concern a separate company than your have to charge cst or vat. if  you are transfering as it condition you have to daebit the input tax taken ie. if any input credit taken by you while purchaing

if it is finished goods. your have to chasge cst with sales tax. cst agaisnt c form .2% or cst as per the lcoal vat rate or10% whever is higher.

Dated: 5-3-2013
By:- parth gor

Dear sir 

 pay Central Excise Duty on 110%

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