Exise
Asha
(Querist) 24 November 2012
This query is : Resolved
Hey experts i have a problem in excise Please suggest Suppose Mr. A purchase goods(X) worth Rs. 500 and pay excise duty of Rs. 50 on it Now Mr. A want to purchase a finished good from Mr. B and that finished good require the input of X Mr. A gives X to Mr. B Mr. B invoiced to Mr. A for Rs. 2000 Now on what value Mr. B charge excise duty? What is the treatment of excise duty of Rs. 50 paid by Mr. A for input X???????? and tell what is the treatment if Mr. b is job worker???/
Anirudh
(Expert) 27 December 2012
Dear Asha,
Your query lacks in material particulars. You have to be very clear whether 'A' is a manufacturer, first stage dealer, or a mere trader.
Depending upon that fact, the answer will lie.
