If Private Company is in business of manufecturing of ready mix concrete and delivers to its client office. If the clients of that company are only Government bodies like local authorities , Government Projects. Then in that case is there any exemption to that company in Paying Excise duty? And in the same way if the company is subcontractor to goverment bodies i.e it is providing ready mix concerete to contractors of goverment. In that case is there any exemmption to that companyin paying excise duty? Please tell me your reply with supporting provisions as soon as possible.
Exemption availble to private company manufecturing readymix.
Anil Jangid
Excise Duty Exemption for Concrete Suppliers: Explore Eligibility Under Notification No. 8/2003-CE for Government Projects. A private company manufacturing ready-mix concrete inquired about potential excise duty exemptions when supplying to government bodies or acting as a subcontractor for government projects. One respondent stated there is no exemption unless specified by a notification. Another highlighted that, under Notification No. 8/2003-CE (SSI Notification), the company may be exempt if its previous financial year's clearance value did not exceed 1.5 Crores or is not expected to exceed this amount in the current year. The initial inquirer expressed gratitude for the clarification provided. (AI Summary)