Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sagnik (Management Trainee)     19 September 2012

Excise duty on service centres

Dear Sir/Ma'am,

Our company buys electronic goods from different manufacturing companies & sells them under its own brand. It does not pay the excise duty in repect of those manufactured goods. Thereafter, when the goods are returned back as defective goods they are sent to a service centre owned by our own company where they are repaired & sent back to the dealers for selling them back in the market. In this respect kindly explain to me that :-

  • Will we be liable to pay excise duty on those goods which leaves from our service station after being rectified ?

  • Can we take CENVAT credit in respect of those electrical products which comes inside our service station ?

Regards,

Sagnik Sanyal



Learning

 1 Replies

Ramesh Chandra Verma (advocate)     02 December 2012

In terms of Section 2(f)(iii) of the Central Excise Act, 1944, interalia, process of lebelling is amount to manufacture, and hence, re-lebelled godds (specified in the Third Schedule) are liable to excise duty. Therefore, it depends on items to items.

R C Verma advrcverma@gmail.com

 

9810525780


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register