Procedure to clear semi finished goods
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Excise liability can be discharged at the manufacturing premises; depot finishing duty differences paid by the manufacturer.
The manufacturer may dispatch semi-finished goods to a depot for finishing after issuing an excise invoice and paying duty; excise liability can be discharged at the manufacturing premises, and any difference in duty arising from depot sealing or additional processing must be paid from the manufacturing premises. (AI Summary)
The manufacturer may dispatch semi-finished goods to a depot for finishing after issuing an excise invoice and paying duty; excise liability can be discharged at the manufacturing premises, and any difference in duty arising from depot sealing or additional processing must be paid from the manufacturing premises. (AI Summary)
we are manufacturer of wooden furnitures and registered with excise, we want to cleared the semi finished goods with excise invoice,payment of duty & get finishing at depot such as polishing, fitting fabrics & sale as a finished form & sealling price will be different. What is the procedure? Pl. let us know the registration procedure. Can we register the depot with concern excise office for both? (mfg. premises location & depot. location) Can we pay difference amount duty of depot sealing from manufacturing premises?
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