we have made the export of all the finished goods so we have not to pay excise duty by removal under section 19 but now we are purchasing capital goods what we do so no excise levy on our purchase of capital goods
Export unit
vikas garg
Excise duty exemption options: procure or clear capital goods under the EPCG Scheme to avoid excise levy on purchase. The document advises that where finished goods exports meant excise was not payable on removal, the exporter may procure or clear capital goods under the EPCG Scheme to avoid excise levy on those capital goods. (AI Summary)
TaxTMI