Excise duty on Inhouse Captital Goods/Sapares

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Excise duty on Inhouse Captital Goods/Sapares
Query (Issue) Started By: - SNEHAL SHAH Dated:- 8-11-2014 Last Reply Date:- 9-11-2014 Central Excise
Got 2 Replies
Central Excise
R/sir,We ar .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e Manufacturing of Chemical as a Finished Goods and pay duty at the time of Removal . But we have prepare in house toolsand spares with purchase of raw material excisable and Non Excisable . Can Duty .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... liability on this toolsand spares ? Please guide in this query . Thanks Snehal Shah Reply By DIPAK K: The Reply: Dear snehal, These tools and spares are exempt if:-1. Manufactured within your factory .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . 2. Used within your factory for manufacturing of dutiable final product. Please refer Notification No. 67/1995-CE for details. Reply By Pradeep Khatri: The Reply: Dear Snehal, Manufacturing of ca .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pital goods for captive use, are exempted under Notification No. 67/1995-C.E., since these goods remains in the factory itself and are not being removed. Regards YAGAY and SUN (Management, Business .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and Indirect Tax Consultants)
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X