Excise duty benifit

[Subhash Komalwar]

Sir I have purchase MS Casing pipes from manufacturer and we have sold these pipes to another deartment and we have collected M-Vat from that department. can we take the benift of Excise duty from the manfufacturer or from the sold pipes.

AI Summary

Eligibility for Excise Duty Benefits on MS Casing Pipes Depends on Manufacturer or Trader Status; Clarification Needed A user inquired about the possibility of claiming excise duty benefits after purchasing MS Casing pipes from a manufacturer and selling them to another department while collecting M-VAT. Respondents sought clarification on whether the user is a manufacturer or trader, as this affects eligibility for excise duty benefits. One respondent noted that if the user is a manufacturer, they must reverse any credit taken if the goods are sold as such. Another suggested the query might involve an in-transit sale (E1 sale) but emphasized the need for more clarity to provide accurate advice.