Factory to wearhouse matl sent
Sir,
Whether the Excise duty to be paid for the finished goods sending from factory to wearhouse?
Debate Over Excise Duty on Goods Moved from Factory to Warehouse Highlights Need for Clarity on Warehousing Rules A discussion on a forum addresses whether excise duty is payable when finished goods are transferred from a factory to a warehouse. Multiple contributors provide insights, with some stating that excise duty must be paid due to the removal of goods from factory premises. Others argue that if both the factory and warehouse are registered, and proper documentation is maintained, duty might not be necessary. The debate highlights confusion over warehousing provisions, with some participants noting that such provisions were withdrawn in 2004, except for special circumstances or export purposes. The discussion emphasizes the need for clarity and proper legal backing. (AI Summary)
Central Excise