Machine developed for self utilisation

[RAM SHARMA]

Dear Experts,

We are registered manufacturer for excisable goods in central excise. We have developed and made some machine for self utilisation for manufacturer of exciasable goods. We are not registered for making machine in central excise. Please advice what will be the consequences for such activity on central excise point of view and also want to know the excise liability and procedure in this regards.

Thanks

AI Summary

Manufacturers Must Pay Excise Duty on Self-Used Machines Exceeding SSI Limits; Report and Claim Input Credit A manufacturer registered for excisable goods in central excise has developed a machine for self-use but is not registered for machine manufacturing. They seek advice on the excise implications and procedures. The response indicates that if the manufacturer exceeds the SSI limit or the machine's cost plus 10%, they must pay tax on the machine's value at the time of use. It is advised to report this in tax returns, pay the necessary taxes, and claim input credit where applicable.