EXCISE DUTY ON PATTERN COST RELEATING TO SEZ

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..... EXCISE DUTY ON PATTERN COST RELEATING TO SEZ
Query (Issue) Started By: - sanjeev jadhav Dated:- 10-4-2013 Last Reply Date:- 12-9-2015 Central Excise
Got 3 Replies
Central Excise
Dear Sirs .....

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..... , Our is Foundry and we have manufactured patterns from outside on behalf of SEZ customer. We have to charge pattern cost to SEZ customer. In actual their will no pattern movement and only cost of pat .....

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..... terns will be charged to SEZ customer. Please inform whether we have to charge excise duty and sales tax in our invoice for patterns. Please guide in this regard. Reply By sanjeev jadhav: The Reply: .....

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..... Dear Sir, Matter is not get cleared. Please inform your suitable suggestion in this regard. Reply By Narhar Nimkar: The Reply: In my opinion, since there is no removal of patterns from your factory .....

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..... , no duty is payable. You can raise the invoice by charging appropriate VAT and clearly mention that the pattern is retained in the factory for production of parts. You will be required to claim exemp .....

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..... tion under Notification 67/95 for captive consumption and show the same in your monthly return. Important point is that you will be required to amortise the cost of pattern over the parts / castings p .....

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..... roduced from the pattern. Reply By sanjeev jadhav: The Reply: Dear Sir, Thanks you very much for your reply and suggestion. We will follow this procedure.
Discussion Forum - Knowledge Sharing .....

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