excise tariff code of waste & scrap

[Guest]

Respected Experts,

we have started manufacturing of Flex Banner (PVC Sheeting Rolls) under Chapter Tariff 3921.90.26

and this is dutiable goods . and after producing manufactured goods there are scrap generated like non usable or unmeasured flex banner so i just want know that if we clear this scrap then which chapter tariff will be applicable ?

pls. guide about this..

regards,

Manan Pandya

[Guest]

dear experts,

anyone can pls. reply for my above mentioned query..

regards,

Manan Pandya

[Guest]

Flex Banner (PVC Sheeting Rolls) under Chapter Tariff 3921.90.26

Tariff heading No. 39219099 - applicable

[Guest]

thank you for your reply but sir let me clear about that we are cleared our finished product with standard length under 3921.90.26 (PVC SHEETING ROLL) but Sir i have confusion that during the process and manufacturing there are some below length and cutting rolls are generated and we are cleared them under waste & scrap heading but sir can we clear under 3921.90.99 (other) as a by product. but we can' t say that these are the scrap.?

so please suggest it's very difficult to define under scrap or by product..

regards,

Manan v Pandya

cell :+919510018659

ahmedabad

[Guest]

AS A BY PRODUCT YOU CAN CLEAR UNDER 39219099.

[Guest]

thank you sir for your reply....

but we are cleared this material as scrap with very negligible and low rate and if we start to clear under by product so we have to maintain their daily stock account under chapter(tariff) wise stock ...

so my question is that if i clear under waste & scrap (3915.30.90) so it can be possible.

and is it necessary to maintain waste & scrap stock . as a daily stock..

regards,

Manan Pandya

AI Summary

Tariff classification of manufacturing offcuts: treat short-length PVC sheeting as by-product under other heading, not waste. Manufacturing offcuts from PVC sheeting rolls may be classified either as a by product under the residual other tariff heading for PVC sheeting or as waste and scrap under the waste heading; classification as by product has been advised and requires maintenance of tariff wise stock accounts and daily stock records, whereas treating the material as waste and scrap has different compliance and valuation implications.