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Issue ID : 5558
- 0 -

EXCISE DUTY ON PATTERN COST RELEATING TO SEZ

Date 10 Apr 2013
Replies3 Answers
Views 1882 Views
Asked By
Dear Sirs, Our is Foundry and we have manufactured patterns from outside on behalf of SEZ customer. We have to charge pattern cost to SEZ customer. In actual their will no pattern movement and only cost of patterns will be charged to SEZ customer. Please inform whether we have to charge excise duty and sales tax in our invoice for patterns. Please guide in this regard.
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- 0
Replied on Sep 11, 2015
1.

Dear Sir,

Matter is not get cleared. Please inform your suitable suggestion in this regard.

- 0
Replied on Sep 12, 2015
2.

In my opinion, since there is no removal of patterns from your factory, no duty is payable. You can raise the invoice by charging appropriate VAT and clearly mention that the pattern is retained in the factory for production of parts. You will be required to claim exemption under Notification 67/95 for captive consumption and show the same in your monthly return. Important point is that you will be required to amortise the cost of pattern over the parts / castings produced from the pattern.

- 0
Replied on Sep 12, 2015
3.

Dear Sir, Thanks you very much for your reply and suggestion. We will follow this procedure.

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