Inputs Sell

[Avinash Bhavsar]

Dear Sir,

We are manufacturing of Automobile parts our unit is in Nashik (Maharastra) we received the inputs from Surat (Gujrath) the inputs are exsenot from duty, can we sell the inputs? under which rules, also give the duty slab.

Regards,

Avinash Bhavsar

AI Summary

Exemption from excise duty permits clearance of inputs without duty, but reversal of Cenvat credit is required if credit availed.
If inputs are exempt from excise duty they can be cleared without duty, but where Cenvat credit was availed on those inputs the credit must be reversed upon clearance; non-duty-paid clearances should use a separate invoice series with prior permission, and where trading is an exempted service the supplier must follow the procedural options under Rule 6 for credit adjustment or reversal.