Can anyone tell me under what rule or provision CSD goods are exempted from paying Excise duty?
And many of our States have exempted sales tax on sale of CSD goods through URCs. What are the exact provisions?
It is claimed that URCs are extension.com of CSD. It is as per SC verdict civil case No 3495 of 2005 URCs are private ventures. The Services, the ministry of defence as well as Sri ML Sharma, Info Commissioner concur.
Now tell me what could be the grounds for the govt of India to exempt excise on CSD goods procured by CSD and being sold by URC, which are now private ventures?