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of <h1>Excise Duty Exemption: Clarification on Separate Manufacturer Status for Firms with Common Partners Under Specific Conditions.</h1> The circular addresses the treatment of clearances from various firms for excise duty exemption limits. It clarifies that different firms will be treated as separate manufacturers for exemption purposes, even if they share some common partners. Each limited company is considered a distinct entity, entitled to its own exemption limit. If a firm owns multiple factories, all are combined for exemption purposes. The circular emphasizes that the determination of whether partnerships with common partners are separate manufacturers depends on specific factors like partnership composition and factory existence. These principles apply to notifications regarding excise duty exemptions.
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