Hi,
We are planning to deal with one Steel producer in Silvassa and procure some steel wires/bars from him. Since Excise Silvassa is Excise free zone, do i need to pay excise if we are taking material out of Silvaasa. We are asking supplier to deliver material to Gandhinagar and they are charging us 12.5% Excise on invoice amount. Please explain.
Clarification sought on excise duty applicability for steel from Silvassa, an 'Excise Free Zone,' delivered to Gandhinagar. A participant inquired about the applicability of excise duty on steel wires/bars procured from a manufacturer in Silvassa, which is considered an 'Excise Free Zone.' The supplier is charging a 12.5% excise duty for delivery to Gandhinagar. A respondent questioned the nature of the 'Excise Free Zone,' asking if it refers to an area-based exemption, a Special Economic Zone, or a 100% Export Oriented Unit, seeking clarification on the specific type of exemption applicable to the manufacturing unit in Silvassa. (AI Summary)
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