Central excise related query

Biswajit Parida (Querist) 10 August 2013 This query is : Resolved
HI,
Am working with a IT company and has four locations in different city. We have covered under STPI(Software Technology Park of India) Act to get the excise duty and others benefits.

We had a location in Noida which was covered under STPI as well as bonded under Excise Act to get the benefit of excise duty but we never purchased anything nor get any benefit of excise duty. After a period of six month we vacated that location and forgot to deboning the location.

in such cases what action can take the Excise department and what would be the penalty.

Seeking advise.............

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Devajyoti Barman (Expert) 11 August 2013
Since there was no transfer of any technology /service as you stated in your queey, no Excise duty is payable by you.

Rajendra K Goyal (Expert) 11 August 2013
Consult your tax consultant.

R.K Nanda (Expert) 11 August 2013
consult tax lawyer.

Biswajit Parida (Querist) 11 August 2013
Dear Mr. Barman,

Many thanks for your reply and i would like to know that we did not intimated the authority about the vacation of our location. in this case what they can do against us.

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